by Sebastian | Mar 3, 2021 | News
Avista Capital Partners, a New York-based healthcare private equity firm, has held the final closing of Avista Capital Partners V, which was over-subscribed, hit its hard-cap and substantially exceeded its target of $775 million, closing with committed capital of $1.2...
by Sebastian | Mar 3, 2021 | News
Michaels Cos said on Wednesday it would be taken private by Apollo Global Management for $3.3 billion, less than seven years after the craft supplies retailer returned to public markets. The private equity firm will pay Michaels shareholders $22 per share, a 46.7%...
by Sebastian | Mar 3, 2021 | News
Private equity firms Clearlake Capital Group and TA Associates have acquired control of U.S. software company Precisely from another private equity firm in a $3.5 billion deal, a source familiar with the matter told Reuters. The seller, Centerbridge Partners, will...
by Sebastian | Mar 3, 2021 | News
Private equity firm Waterous Energy Fund succeeded in its bid to take controlling interest in Osum Oil Sands on Wednesday, days after the Canadian oil producer’s board ended its opposition to the deal. Osum had earlier rejected Waterous’ original offer to take over...
by Sebastian | Mar 3, 2021 | News
Leading private markets investment management firm Hamilton Lane announced the final closing of Hamilton Lane Strategic Opportunities Fund VI. The Fund represents nearly $900 million in commitments from a wide range of global LPs. The Fund is focused on making...
by Sebastian | Mar 3, 2021 | News
Swiss asset manager GAM Holding is to wind down a fund linked to Softbank-backed financing group Greensill Capital, a day after Credit Suisse closed its funds linked to the UK firm. GAM said it was taking the decision to close the $842 million GAM Greensill Supply...
