by Sebastian | Jul 7, 2021 | News
Billionaire Tom Gores’ private equity firm Platinum Equity said on Tuesday it would buy specialty chemicals maker Solenis in a deal valued at $5.25bn, including debt, and merge it with Sigura Water, a company it bought in 2019. Platinum Equity will acquire Solenis...
by Sebastian | Jul 6, 2021 | News
KKR, a leading global investment firm, today announced the final closing of KKR Real Estate Partners Europe II, a $2.2bn fund dedicated to value-add and opportunistic real estate investments in Western Europe. REPE II is the successor fund to KKR Real Estate Partners...
by Sebastian | Jul 6, 2021 | News
The European PE-industry rebounded strongly in the 12 months to 30 June 2021 following the initial shock of Covid-induced lockdowns. The volume of PE-backed acquisitions in Europe fell to its joint-lowest level since mid-2009 during the first wave of the pandemic. But...
by Sebastian | Jul 6, 2021 | News
Walmart executives must be upset. Months after the retail giant sold a majority stake in its British grocery chain Asda at a mediocre valuation, U.K. supermarkets are suddenly hot property among private equity firms. A bidding war is brewing for Britain’s...
by Sebastian | Jul 5, 2021 | News
Brookfield Business Partners LP and its institutional partners said on Monday they would acquire U.S. car parts maker DexKo Global Inc from private equity firm KPS Capital Partners LP for $3.4bn. Based in Novi, Michigan, DexKo produces engineered trailer running gear...