by Sebastian | Jan 27, 2021 | News
Sentinel Capital Partners, a private equity firm that invests in promising lower mid-market companies, is to sell Pet Supplies Plus (PSP), the third largest pet specialty chain in the US, to Franchise Group. The deal is valued at USD700 million. Founded in 1988 and...
by Sebastian | Jan 27, 2021 | News
Private equity investor Nordic Capital on Wednesday offered to buy Advanz Pharma, valuing the drugmaker at $846 million as part of a move to invest in accelerating the company’s pipeline of innovative specialty pharmaceutical products. Under the offer, shareholders...
by Sebastian | Jan 27, 2021 | News
Investment fund Oakley Capital has agreed to invest 175 million euros ($212 million) in a minority stake in Spanish property portal Idealista, just four months after Sweden’s EQT bought the platform for $1.58 billion. Idealista, which operates in Spain, Portugal and...
by Sebastian | Jan 27, 2021 | News
Blackstone Group Inc. agreed to buy a life business from Allstate Corp. for $2.8 billion as the private equity firm expands its foothold in the insurance industry. Entities managed by Blackstone will purchase Allstate Life Insurance Co., the insurer said Tuesday in a...
by Sebastian | Jan 26, 2021 | News
European private equity house Oakley Capital has stormed past its target for its first lower mid-market fundraise, hitting about €455m after just six months in the market. The firm had been hoping to collect €350m for the Oakley Capital Origin Fund, which will target...
