Parexel to be acquired in $8.5bn private-equity deal

Parexel to be acquired in $8.5bn private-equity deal

Parexel has executed a definitive merger agreement, and will be acquired for $8.5 billion, the company announced today. Parexel, recently named “Best Contract Research Organization” by an independent panel for Informa Pharma Intelligence, will be acquired by EQT IX...
Investment deals in Ireland top €2.2bn in first half of year

Investment deals in Ireland top €2.2bn in first half of year

More than €1bn was invested in the Irish property market during the three months to the end of June, bringing to €2.2bn the value of deals done so far this year. These are among the preliminary estimates for deals done in the €1m-plus category, according to property...
Prairie Capital Closes Fund VII With $450m of Committed Capital

Prairie Capital Closes Fund VII With $450m of Committed Capital

Prairie Capital is pleased to announce the successful closing of Prairie Capital VII with total commitments at the hard cap of $450m. Fund VII was significantly oversubscribed, closing less than three months after its official launch in February 2021. Fund VII...
CD&R to Invest in Vera Whole Health, Valuing Firm at $400m

CD&R to Invest in Vera Whole Health, Valuing Firm at $400m

Private-equity firm Clayton Dubilier & Rice LLC is buying a majority stake in Vera Whole Health Inc., officials with both companies said. The deal, which is expected to be announced Thursday, values the advanced primary healthcare provider at $400 million. Vera,...