by Sebastian | Mar 10, 2021 | News
Global blank-check deal volumes, or mergers through special purpose acquisition companies (SPACs), have surged to a record $170 billion this year, already outstripping last year’s total of $157 billion, Refinitiv data showed. The record number of deals comes as SPACs...
by Sebastian | Mar 10, 2021 | News
Parmenion has become the latest platform to be snapped up by a private equity house, with Standard Life Aberdeen announcing its £102m sale to Preservation Capital Partners. The deal is part of SLA’s plan to simplify its business and focus on its core platforms –...
by Sebastian | Mar 9, 2021 | News
Cerberus Capital Management, L.P. announced today that its middle-market direct lending platform, Cerberus Business Finance, completed the final close of its latest flagship fund, Cerberus Levered Loan Opportunities Fund IV. Fund IV closed with $2.4 billion of equity...
by Sebastian | Mar 9, 2021 | News
Buyout firm Apax Partners is pitching its second digital fund focused on midmarket technology companies just weeks after collecting $11 billion for its latest main investment pool. London-based Apax is seeking $1.5 billion for Apax Digital II LP and expects to hold a...
by Sebastian | Mar 9, 2021 | News
CVC Capital Partners is nearing a deal to acquire European over-the-counter drugmaker Cooper for about $2.6 billion, people familiar with the matter said. The private equity firm is negotiating detailed terms of an agreement with Cooper’s owner, Charterhouse Capital...
