US-based private equity firm KKR has agreed to purchase British power generation company ContourGlobal in an all-cash deal valued at $2.18bn. The private equity firm brokered the deal through its newly formed company, Cretaceous Bidco. Under the terms of the...
Updater, an app and technology developer for residential relocation services, has received $215m in financing from the credit investment arm of Vista Equity Partners. The funds from Vista Credit Partners, a subsidiary of the Austin, Texas-based private equity firm,...
A pair of buyout firms have joined forces in the £1.6bn race to buy Parkdean Resorts, Britain’s biggest operator of holiday parks. Sky News understands that PAI Partners and real estate funds managed by TPG are working on a joint offer for Parkdean, which has been...
The head of one of North America’s biggest investors in private markets wants to cut its reliance on buyout firms and do more dealmaking on his own. Jo Taylor, chief executive officer of Ontario Teachers’ Pension Plan Board, has plans for the $189bn fund to buy more...
Brookfield Asset Management is set to buy London-listed repairs business HomeServe for a little over £4bn, both companies have announced today. The offer of 1200p per share by the Canadian investment giant, which is based in Toronto, equates to a 71 per cent premium... 