by Sebastian | May 21, 2021 | News
UK property developer St Modwen has agreed to be bought by Blackstone for $1.7bn. The FTSE 250 company said it has accepted the offer following the receipt of multiple proposals from Blackstone negotiated over a 10 week period commencing in February. Blackstone is...
by Sebastian | May 21, 2021 | News
The private equity unit of Morgan Stanley Investment Management is buying auto-market afterparts manufacturer Nivel Parts & Manufacturing Co. from private equity peer Kelso & Co. The private equity team is building up its portfolio of consumer-focused...
by Sebastian | May 21, 2021 | News
An affiliate of HIG Capital is to acquire Travis Perkins Plc’s Plumbing & Heating business, one of the UK’s leading plumbing, heating, and bathroom related products specialist merchants. The divestiture is valued at approximately $461m, and the transaction is...
by Sebastian | May 21, 2021 | News
Ares Management Corporation announced today that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of Black Creek Group’s U.S. real estate investment advisory and distribution business, a leading real estate investment management firm....
by Sebastian | May 21, 2021 | News
Bain Capital Ventures has closed two new funds worth a combined $1.3bn that will mostly target early-stage investments, as it continues to pivot away from growth investments. The fresh capital raised by private equity giant Bain Capital will back a $950m core fund for...
by Sebastian | May 21, 2021 | News
Constellation Automotive Group, the parent company behind BCA, WeBuyAnyCar and cinch, has raised over $1.4bn in capital to drive cinch’s expansion across the UK and Europe. The funds have been raised from a group of global investors including a subsidiary of ADIA,...
