European investment major Eurazeo has agreed to sell its stake in integrated payment system Planet at a €1.8bn enterprise value. The deal will generate a 2.5x return and about 19% IRR since its acquisition in 2015. Eurazeo said it would reinvest and co-control the...
Over more than 100 years of excellence on the rugby field, New Zealand’s All Blacks have created a world-famous brand that transcends their sport. Now New Zealand Rugby, facing mounting losses, wants to leverage that valuable asset by selling a slice of its commercial...
While private equity firms are famously able to add value to portfolio companies through improvements in management and internal operations, new research suggests another way that they can bolster performance. In a study of non-financial firms in the U.K., researchers...
A consortium led by private-equity firm KKR and investment firm TIGA Investments will buy office space provider The Executive Centre (TEC), the companies said in a statement on Tuesday. “As part of the transaction, funds advised by HPEF Capital Partners and CVC...
Luminate Capital Partners has closed Luminate Capital Partners III, LP with $1 billion of committed capital from a broad group of global institutional investors. The oversubscribed fund closed at its hard cap and above its $700 million target, bringing the firm’s... 