Boston private equity firm closes its U.S. growth fund at $8.35bn

Boston private equity firm closes its U.S. growth fund at $8.35bn

Boston-based private equity firm Summit Partners closed its latest fund at $8.35bn, the firm said on Monday. Launched in June this year, Summit Partners Growth Equity Fund XI will target minority and majority investments of $75 million to $500 million, primarily in...
Africa-Focused Private Equity Firm Raises $900m

Africa-Focused Private Equity Firm Raises $900m

The pandemic economy has set off so much investment activity that it seems like a new record is set every day — whether it’s stock market gains, venture capital investments, or the number of times the word “inflation” is said on CNN. One place that...
CD&R wins $10bn auction for UK supermarket Morrisons

CD&R wins $10bn auction for UK supermarket Morrisons

Clayton, Dubilier & Rice (CD&R) has won the auction for Morrisons with a $9.5bn bid, paving the way for the U.S. private equity firm to take control of Britain’s fourth-biggest supermarket group. The Takeover Panel, which governs M&A deals in the UK...