by Sebastian | Nov 15, 2021 | News
Financial services-focused private equity firm Lightyear Capital has closed its fifth flagship fund at $1.6bn, drawing in more money than it initially targeted as investors seek out specialist capital managers amid high valuations. The New York-based buyout firm,...
by Sebastian | Nov 15, 2021 | News
U.S. data center operator CyrusOne said on Monday it would be bought by KKR and Global Infrastructure Partners (GIP) in a deal valued at about $15bn, including debt. The buyout is the latest deal in the data-center space, with Blackstone purchasing QTS Realty Trust...
by Sebastian | Nov 15, 2021 | News
General Electric’s decision to split into three companies has set the stage for a feeding frenzy among private equity buyers looking to carve the industrial conglomerate into more pieces, say people at several large private equity groups. “I suspect everybody will be...
by Sebastian | Nov 12, 2021 | News
Swiss chemicals company Sika has agreed to buy MBCC Group for $6bn to boost its position in sustainable building, making its biggest ever acquisition in the fragmented $70bn construction chemicals sector. Sika said on Thursday it was buying MBCC, the former BASF...
by Sebastian | Nov 12, 2021 | News
Health technology company Color said on Tuesday its valuation reached $4.6bn after a recent $100m investment, as venture firms continue to pour money into digital health businesses that saw service demand shoot up during the pandemic. The pandemic has supercharged the...
by Sebastian | Nov 12, 2021 | News
U.K.-based biopharmaceutical firm Autolus Therapeutics announced Monday that Blackstone will invest as much as $250m in the company to support Autolus’ advancement of its drug to treat a serious form of leukemia. Autolus shares rose 28% above Friday’s...
