Periscope Equity, a Chicago-based private equity firm focused on investing in technology-enabled services and software companies, announced today the final closing of its second institutional fund, Periscope Equity II with $225 million of capital commitments. The Fund...
Groupe Bruxelles Lambert has signed a definitive agreement to acquire a majority stake in Canyon Bicycles. As part of the transaction, significant minority shareholder TSG Consumer Partners will fully exit its stake. The founder, Roman Arnold, will remain the Chairman...
Novia has been snapped up by Anacap Financial Partners, marking the private equity firm’s third acquisition in the UK platform space. Anacap made its first foray into the wealth management platform market with its purchase of Wealthtime. The transaction was announced...
British petrol-station operator EG Group has agreed to buy Austrian oil and gas company OMV’s network of 285 petrol stations in southern Germany for 485 million euros ($589 million), OMV said on Monday. OMV had put the network up for sale as part of a divestment plan...
Authentic Brands is plotting a double takeover of collapsed department store chain Debenhams and Topshop-owner Arcadia Group in a deal that could fetch more than £400 million. Authentic Brands, owner of the New York department store brand Barneys, is in talks this...