Martin Sorrell’s S4 Capital acquires tech services group Zemoga

Martin Sorrell’s S4 Capital acquires tech services group Zemoga

Martin Sorrell’s S4 Capital has struck a deal to buy Zemoga, a technology services company that provides a new route for the rapidly growing digital advertising group to win work from multinational clients. Sorrell, the founder of WPP, has turned S4 into a $6 billion...
Sweden’s EQT walks away from $2bn bid for Australia’s Iress

Sweden’s EQT walks away from $2bn bid for Australia’s Iress

Swedish private-equity firm EQT has ended talks to buy Australia’s Iress for $2.3bn, sending shares in the financial software company spiralling lower on Friday. Despite raising its bid three times to gain exclusive due diligence access, EQT said it had decided not to...
Fast recovery after pandemic boosts private equity performance

Fast recovery after pandemic boosts private equity performance

A strong exit market since the height of the pandemic last year has translated into high returns for alternatives funds, according to Preqin’s annual sector report published in partnership with Amundi. For private equity and venture capital funds that started...
Percheron Collects $770m for Debut Fund

Percheron Collects $770m for Debut Fund

Percheron Capital, co-founded by two former Golden Gate Capital deal makers, has wrapped up its debut fund with $770m. The new firm, whose legal name is Percheron Investment Management LP, said it completed fundraising for Percheron Capital Fund I LP in eight months....