GTCR, a leading private equity firm, announced today the formation of its Portfolio Resources Group (PRG). PRG will be comprised of experienced functional leaders who can bring expertise, intellectual capital, vendor relationships and best practices in defined areas...
Rothschild’s private equity arm is sounding out prospective bidders to launch the sale of a majority stake in French automotive software firm A2Mac1, a deal valued at up to $1.5bn. Five Arrows Principal Investments (FAPI) – which is owned by Rothschild and...
Major U.S. and European banks are facing tougher times in the riskiest parts of the loan market. The biggest U.S. lenders, including Bank of America and Citigroup, wrote down $1bn in the second quarter on leveraged and bridge loans as rising interest rates made it...
HR tech developer HiBob has reached a $2.45bn valuation after investors including General Atlantic and Bessemer Venture Partners backed a $150m Series D round for the business. The new investment round comes just nine months after HiBob raised $150m for its Series C...
Sweden-based private equity fund EQT said it had made a cash offer for the remaining shares in Swedish biopharmaceuticals group Karo Pharma. EQT currently owns 86% of Karo Pharma. The total value of the offer is $215.15m, valuing Karo Pharma at $1.6bn, EQT subsidiary... 