by Sebastian | Nov 30, 2021 | News
A carve-out, also known as a separation, is normally used to refer to the result of the sale (divestment) of a part of a business; however, it may also be used when referring to the permanent division of an organisation into two or smaller parts without any sale, or...
by Sebastian | Nov 29, 2021 | News
Fenway Sports Group has reached an agreement with the Pittsburgh Penguins that would give the conglomerate controlling interest in one of the NHL’s marquee franchises. The Penguins announced Monday that the two sides have come to terms on a deal, which would...
by Sebastian | Nov 29, 2021 | News
Big leveraged buyouts are back, and this year’s crop might just be a taste of things to come. Private-equity firms have announced a record $944.4 billion worth of buyouts in the U.S. so far this year, 2.5 times the volume in the same period last year and more than...
by Sebastian | Nov 29, 2021 | News
Private equity firm Clearlake Capital has struck a deal to buy Quest Software Inc from Francisco Partners, valuing it at $5.4bn including debt, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The deal is formally expected to be...
by Sebastian | Nov 29, 2021 | News
Private equity firms and investment funds are sizing up BT’s Openreach division as the telecoms giant braces itself for a potential shake-up triggered by its largest shareholder, Patrick Drahi. Sources told the The Mail on Sunday that potential suitors – said to...
by Sebastian | Nov 26, 2021 | News
British robotics software company Blue Prism has agreed to a 1.22 billion pound ($1.63 billion) final takeover offer from U.S. private equity firm Vista Equity, the parties said on Thursday, topping a proposal from SS&C Technologies. The increased 1,250...
