MKH Capital Partners, a family-backed, Miami-based private equity firm, announced today the successful closing of the sale of its express car wash platform Clean Streak Ventures, to Mister Car Wash, for $390m. Clean Streak owns 23 operating and 10 development...
SoftBank Group Corp is borrowing nearly $4bn from a group led by private equity giant Apollo Global Management Inc, a source familiar with the matter said, as the conglomerate looks to increase cash on hand after its finances came under pressure. The loan, to be...
Encora, a global digital engineering services company, and Advent International, a leading global private equity firm, announced that Advent has acquired a majority stake in Encora’s business. As part of the agreement, Warburg Pincus, the existing majority...
Global Infrastructure Management has agreed to pay a $4.5m penalty to settle Securities and Exchange Commission charges involving fees and expenses it passed on to investors in at least two of its funds. The New York firm which sponsors the Global Infrastructure...
Investment manager Schroders had struck an agreement to purchase a 75% stake in green finance specialist Greencoat Capital. The £358million deal also includes a potential payout worth up to £120m should Greencoat achieve specific revenue targets and its senior...