by Sebastian | Jan 19, 2021 | News
German footwear giant Birkenstock is exploring a sale that could value it at more than 4 billion euros ($4.85 billion) including debt, sources close to the matter told The Financial Times. The company is exploring a sale to Luxembourg-based private equity company CVC,...
by Sebastian | Jan 19, 2021 | News
Private equity firms Carlyle, CVC and KKR are reportedly among the bidders for engine maker Rolls-Royce’s Spanish business, ITP Aero. According to Spain’s El Economista, bidders will be selected this week for the auction, which is valued at around €1.5bn. It cited...
by Sebastian | Jan 19, 2021 | News
Sheridan Capital Partners announced today the closing of its oversubscribed second buyout fund, Sheridan Capital Partners Fund II, at its hard cap of $300 million in Limited Partner commitments, more than double the size of its predecessor. Sheridan is focused on...
by Sebastian | Jan 18, 2021 | News
Midmarket private-equity firm Roark Capital Group is pitching its sixth flagship fund after closing a new restaurant-focused fund on nearly $1.4 billion last year, according to people familiar with the offering. The Atlanta-based firm has set a fundraising target of...
by Sebastian | Jan 18, 2021 | News
Investors pumped a record volume of money into funds that buy secondhand stakes in private-equity assets last year even as the coronavirus pandemic slowed the pace of such deals. Global private-equity secondary buyers closed on a record $76.13 billion across 29 funds...