by Sebastian | Sep 14, 2021 | News
Finback Investment Partners LLC, a private equity firm co-founded by former Florida Gov. Jeb Bush, has closed on $350 million for its debut fund. The maiden vehicle, Finback Investment Partners 2021 Fund LP, closed at its hard cap and surpassed its $250 million...
by Sebastian | Sep 14, 2021 | News
Private equity firm GPB Capital Holdings LLC, currently facing fraud allegations from the Securities and Exchange Commission and more than a half-dozen states, is selling its Prime Automotive Group of car dealerships for about $880m. The sale to Houston-based Group 1...
by Sebastian | Sep 14, 2021 | News
Private equity firm KKR announced on Monday it is selling off its entire stake in Academy Sports — 18.65 million shares. Its stake in the Texas-based sporting goods retailer is valued at $852.85m as of market close on Friday. KKR acquired its 20% of Academy Sports in...
by Sebastian | Sep 14, 2021 | News
Cybersecurity company Radware is in talks to sell itself to private equity firm Siris Capital, CNBC reported on Monday, citing people familiar with the matter. Shares of the American-Israeli company rose 7.3% in afternoon trade. The deal is not assured and the talks...
by Sebastian | Sep 14, 2021 | News
Rolls-Royce Holdings and Babcock International Group on Monday said they have agreed to sell their stakes in AirTanker Holdings Ltd to London-based private equity firm Equitix Investment Management Ltd, while Airbus SE plans to maintain its holding in the venture....
by Sebastian | Sep 13, 2021 | News
Private equity firm Apollo Global Management has approached Tronox Holdings, one of the world’s largest pigment manufacturers, with a $4.3bn all-cash offer, people familiar with the matter said on Monday. Apollo has offered $27 per share to buy Stamford,...
