Finback Investment Partners LLC, a private equity firm co-founded by former Florida Gov. Jeb Bush, has closed on $350 million for its debut fund. The maiden vehicle, Finback Investment Partners 2021 Fund LP, closed at its hard cap and surpassed its $250 million...
Private equity firm GPB Capital Holdings LLC, currently facing fraud allegations from the Securities and Exchange Commission and more than a half-dozen states, is selling its Prime Automotive Group of car dealerships for about $880m. The sale to Houston-based Group 1...
Private equity firm KKR announced on Monday it is selling off its entire stake in Academy Sports — 18.65 million shares. Its stake in the Texas-based sporting goods retailer is valued at $852.85m as of market close on Friday. KKR acquired its 20% of Academy Sports in...
Cybersecurity company Radware is in talks to sell itself to private equity firm Siris Capital, CNBC reported on Monday, citing people familiar with the matter. Shares of the American-Israeli company rose 7.3% in afternoon trade. The deal is not assured and the talks...
Rolls-Royce Holdings and Babcock International Group on Monday said they have agreed to sell their stakes in AirTanker Holdings Ltd to London-based private equity firm Equitix Investment Management Ltd, while Airbus SE plans to maintain its holding in the venture.... 