QAD, a business software maker was taken private by buyout firm Thoma Bravo in 2021 for $2bn, told Reuters on Wednesday it has agreed to acquire employee productivity platform Redzone for about $1bn. Redzone, which was founded in 2013, offers enterprise software...
U.S. private equity firm KKR is close to presenting a nonbinding offer for Telecom Italia’s (TIM) fixed-line network, three people close to the matter said, in the latest twist of a long-running saga centred around the debt-laden phone group. KKR, which is...
Blackstone said on Wednesday it had blocked withdrawals from its $69bn real estate income trust (BREIT) in January, as the private equity firm faced a surge in redemption requests from investors looking to cash out. BREIT said it fulfilled redemption requests of about...
One of Britain’s biggest privately owned educational resources providers are negotiating the sale of a large minority shareholding in a transaction that would value Twinkl at approximately £500m. Sky News has learned that Jon and Susie Seaton, who established...
Atlas Technical Consultants Inc said on Tuesday the infrastructure and environmental solutions provider will be acquired by private investment firm GI Partners in an all-cash deal valued at nearly $1bn, including debt. Shareholders of Atlas are set to receive $12.25... 