by Sebastian | Apr 23, 2021 | News
Private equity firm PAG plans to merge its two Chinese industrial gases portfolio companies and seek an offshore listing for the combined entity estimated to be worth more than $10bn, two people with knowledge of the matter said. Hong Kong-based PAG is discussing with...
by Sebastian | Apr 23, 2021 | News
At Private Equity Insights we have gathered this week’s biggest news in the private equity and venture capital markets. 1. EQT IX closes at $18.7 billion – reaching hard cap EQT Group is pleased to announce that EQT IX has held its final close at $18.7...
by Sebastian | Apr 23, 2021 | News
Apollo Global Management lending arm, MidCap Financial, a credit solutions firm focused on serving the middle market, today announced it has raised more than $800m of new equity from a diverse group of global investors that included Apollo clients, including Athene as...
by Sebastian | Apr 23, 2021 | News
UK-listed bus operator FirstGroup has agreed to sell its US bus operations to EQT’s infrastructure fund in about a $4.6 bln deal that will pass the operation of tens of thousands of yellow school buses to the Swedish private equity group. The sale of First Student and...
by Sebastian | Apr 23, 2021 | News
Global private equity firm Bain Capital has closed its maiden Japan-focused fund, which will target mid-sized companies, at $1 billion, a person with direct knowledge told Reuters on Friday. Bain, as manager of the fund, committed around $92 million to the total...
by Sebastian | Apr 22, 2021 | News
The PE-backed robotic process automation company raised $1.3bn after boosting its IPO price range. UiPath, with PE investors including Accel, Coatue, Dragoneer, IVP and Sequoia, had nearly 8,000 customers at the end of January. It competes with UK-based Blue Prism and...