Spain’s electricity grid operator REE said it agreed to sell a 49% stake in its telecom infrastructure unit Reintel to U.S.-based buyout fund KKR for $1.10bn. Reintel operates a network of 50,000 km of fibre optic laid along the electricity grid and railways,...
Private equity firm Thoma Bravo said on Friday it would buy Bottomline Technologies in an all-cash deal that values the financial technology provider at about $2.6bn. The software-focused PE firm’s move to buy Bottomline comes at a time when the pandemic has...
Digital identity verification and fraud prevention company TeleSign is going public through a merger with a blank-check firm via a $1.3bn deal, the acquisition vehicle said on Thursday. Dealmaking by special purpose acquisition companies has ticked up recently after a...
Forum Equity Partners launched REIIF with a $125m capital raise. The funds will be used to acquire a $240m seed portfolio of residential rental real estate across Canada in REIIF’s targeted multi-family asset types and geographies. “REIIF capitalizes on...
Lending to private equity firms is the latest hot new area of investment, according to Carlyle. While buyout firms have long loaded specific deals with debt, they’ve recently started borrowing against the broad value of their funds for more flexibility, through... 