by Sebastian | Sep 2, 2021 | News
Private equity’s push into professional sports investing initially appeared to be a slam dunk. But investors have recently faced increasing pushback as they attempt to establish themselves in the elite world of pro sports team and league ownership. Over the past...
by Sebastian | Sep 2, 2021 | News
Bahrain-based Investcorp said on Thursday it had generated an enterprise value of $4bn from the recent sale of two North American businesses – workforce management firm PRO Unlimited and Arrowhead Engineered Products. “We confirm that the aggregate...
by Sebastian | Sep 2, 2021 | News
Private equity firm Pollen Street Capital has acquired a majority stake in Irish mobile top-up service provider Ding in a €300m deal. While no financial details surrounding the transaction have been publicly disclosed, industry sources estimate the equity value at...
by Sebastian | Sep 2, 2021 | News
Swedish Orphan Biovitrum (SOBI) said on Thursday it had received a bid from U.S. private equity firm Advent International and Aurora Investment valuing the rare disease drugmaker at about $8bn. SOBI’s stock, already up 15% so far this year, rose 24.6% to 239 crowns...
by Sebastian | Sep 1, 2021 | News
Blackstone is planning an initial public offering for Building Materials Europe BV that could value the business at as much as $7.1bn, people familiar with the matter said. The private equity firm is working with Lazard Ltd. and plans to select underwriters for the...
by Sebastian | Sep 1, 2021 | News
Dayone Capital announced today the final closing of Dayone Capital Fund I L.P., its first US-denominated private equity fund, with a total capital commitment exceeding $630m, surpassing the initial fundraising target of 500m. As a debut fund, Dayone Fund I was...
