Britain’s mid-sized Metro Bank gets Carlyle bid approach

Britain’s mid-sized Metro Bank gets Carlyle bid approach

Metro Bank said it has received a takeover approach from U.S. private equity firm Carlyle, sending its battered shares by as much as 31% higher, in a sign of growing interest in Britain’s mid-sized banks. Metro Bank, which had a market capitalisation of $242m at...
Succession’s PE backers consider £400m sale of business

Succession’s PE backers consider £400m sale of business

Succession Wealth’s private equity backer is reportedly putting the advice firm up for sale for an estimated £400m. Inflexion, the majority shareholder in Succession Wealth, has hired bankers to undertake a review of options for the business, according to Sky...
True Wind Capital Raises $817m for Second Fund

True Wind Capital Raises $817m for Second Fund

True Wind Capital, a San Francisco-based private equity firm focused on investing in leading technology companies, today announced the successful close of its second fund, True Wind Capital II, L.P., with $817m in equity commitments, exceeding the Fund’s target....