by Sebastian | May 14, 2021 | News
PE-backed commodities broker Marex announced on Friday it was considering a flotation in London that a source estimated could value the company at $703m. The move comes amid a boom in commodities markets and after the private equity owners of Marex spent several years...
by Sebastian | May 14, 2021 | News
Offers to buy Reebok started rolling in this week with the licensing company behind Nine West and Frye offering around $1bn for the money-losing sneaker label. The amount is nearly $3bn less than the original acquisition price of $3.8bn in 2005. Adidas is reportedly...
by Sebastian | May 14, 2021 | News
Graphic Packaging Holding Company, a vertically-integrated provider of sustainable fibre-based consumer packaging solutions, is to acquire AR Packaging Group AB, Europe’s second largest producer of fibre-based consumer packaging, from CVC Capital Partners Fund VI for...
by Sebastian | May 14, 2021 | News
Asterion Industrial Partners, an independent investment management firm focused on European infrastructure in the mid-market, has reached the first close of its second fund with a total around $1.1bn of commitments. Set up by three former KKR executives in 2018, the...
by Sebastian | May 14, 2021 | News
CivicPlus LLC, a provider of websites and other technology to local governments, has received a $290m cash infusion from technology investor Insight Partners. The $290m investment marks an exit for BV Investment Partners, a CivicPlus backer since 2019. The Manhattan...
by Sebastian | May 14, 2021 | News
Mexican retailer Grupo Comercial Chedraui SA agreed to buy grocer Smart & Final Stores LLC for more than $600m, people familiar with the matter said, expanding its presence in a U.S. supermarket business that boomed during the coronavirus pandemic. Private-equity...
