by Sebastian | Dec 7, 2020 | News
Private equity gets lots of attention for gobbling up assets of all types, from fast-food chains to red-hot tech companies. Less fanfare perhaps has followed the industry’s growing hunger for, of all things, warehouses and other industrial real estate. With...
by Sebastian | Dec 7, 2020 | News
A blank-check acquisition firm backed by veteran investor Bill Foley is nearing a deal to merge with Paysafe, valuing the payments company at around $9 billion, including debt, people familiar with the matter said on Sunday. Paysafe’s merger with Foley Trasimene...
by Sebastian | Dec 7, 2020 | News
Hong Kong fashion retailer I.T Ltd. agreed to go private in a cash deal worth about HK$1.3 billion ($168 million) with its business decimated by the pandemic and a shift to online retailing. The deal, which is backed by private equity firm CVC Capital Partners, will...
by Sebastian | Dec 7, 2020 | News
Growth capital group Highland Europe said on Monday it had raised 700 million euros ($851 million) for its fourth fund, its largest to date, and reinforced its team investing in European software and internet startups. The new fund brings the total raised by Highland...
by Sebastian | Dec 6, 2020 | News
Buyout group EQT is selling facilities manager Apleona, a former unit of industrial services group Bilfinger, to private equity firm PAI Partners for about 1.6 billion euros ($1.94 billion), it said on Sunday. EQT, which bought the company at a valuation of 1.4...