by Sebastian | Jul 14, 2021 | News
Private equity firm Bridgepoint’s London IPO could value the company at as much as £2.9bn, in the first major UK listing for the industry in decades. The buyout group, which has around €27.4bn of assets under management across equity and debt funds, is looking to...
by Sebastian | Jul 14, 2021 | News
Permira, a global private equity firm focused on growth at scale, has made a strategic investment in Adevinta ASA. Funds advised by Permira have agreed to acquire approximately 125 million shares in Adevinta from eBay Inc (eBay), representing a 10.2% ownership. Upon...
by Sebastian | Jul 14, 2021 | News
The deal underscores the massive success of Belron since fellow buyout house Clayton Dubilier & Rice bought into the company in 2018 at a roughly €3bn valuation. BlackRock, Hellman and Singapore sovereign investor GIC have agreed to buy a combined 13% stake in the...
by Sebastian | Jul 14, 2021 | News
Investment fund manager David Tepper, best known for his stock-picking prowess, is devoting a piece of his personal fortune to private equity investing. Tepper – worth about $14.5bn – has become the founding investor for a private equity firm that plans to...
by Sebastian | Jul 14, 2021 | News
The acquisition of Stamps.com for $6.6bn by private equity group Thoma Bravo last week saw a surprising twist in the deal documents: the absence of a traditional bank to finance the leveraged purchase. Large debt-financed acquisitions by the private equity world have...
by Sebastian | Jul 13, 2021 | News
Lumen Technologies said that the communications-infrastructure company is negotiating to sell some assets to private-equity titan Apollo Global Management. Lumen’s deal with the New York firm would involve Lumen’s consumer operations in some U.S. states and would be...
