by Sebastian | Sep 6, 2021 | News, UKPEC
Ares Management has revealed plans of more than doubling their $262bn in assets by 2025. That moonshot guidance was based on robust 2021 fiscal second quarter financial results reported in late July, which the company said was a snippet of what could come. On investor...
by Sebastian | Sep 6, 2021 | News, UKPEC
The United Kingdom’s largest gym chain, backed by private equity firm Leonard Green & Partners, is considering an IPO as it looks to muscle into the United States. “We’re exploring our options,” a spokeswoman with Leeds-based PureGym Group said. “It’s too early to...
by Sebastian | Sep 5, 2021 | News
Carlyle has emerged as the preferred bidder for IT services firm Hexaware for a $3bn acquisition. The Carlyle Group has reached an agreement with a group of banks to raise over $1bn to support its planned acquisition of Mumbai-based Hexaware Technologies, three people...
by Sebastian | Sep 5, 2021 | News
888 and Apollo Global Management are the remaining contenders for the William Hill assets being auctioned by Caesars Entertainment. CVC Capital Partners has dropped out of the bidding. Unidentified sources close to the matter tell Bloomberg CVC is out, marking at...
by Sebastian | Sep 5, 2021 | News
Telit Communications PLC said Tuesday that its shares will be delisted from the London Stock Exchange on Wednesday after its takeover by DBAY Advisors Ltd. becomes effective. The asset-management firm is being taken over at 229.5 pence (315.8 cents) a share, raised...
by Sebastian | Sep 5, 2021 | News
One of the country’s biggest lettings agencies could be about to change hands for up to £400m. City sources said the private equity owner of Leaders Romans Group has appointed bankers from NM Rothschild to work on a ‘strategic review’ of the business, which could...
