British outsourcer Capita Plc said on Friday it was in exclusive talks with private equity firm Montagu over the potential sale of its standalone Education Software Solutions (ESS) business. The company, which has been trying to sell some non-core assets, had expected...
Stanhope Capital and FWM Holdings, the investment company that oversees the Forbes’ family fortune, have agreed to merge in a deal that creates one of the world’s largest independent wealth management groups with $24.2bn in assets under management. The tie-up comes...
CBPE Capital has announced the final close of its latest fund, CBPE Capital Fund X. The oversubscribed fund surpassed its target of £525m and achieved its hard cap of £561 million in capital commitments. In a statement London-based CBPE said that the successful...
The AA’s board has told two private equity groups it would be willing to accept a proposed 35p-a-share offer for the heavily indebted roadside recovery group, it said in a statement on Monday. The group is in last-ditch talks with Warburg Pincus and TowerBrook Capital...
KKR & Co. is preparing to raise another European buyout fund just a year after its last one, having comfortably outspent rivals during the coronavirus pandemic, according to people familiar with the matter. The U.S. private equity firm is in the early stages of... 