by Sebastian | Nov 30, 2020 | News
Carlyle has sold its stake in PA Consulting Group in a deal valuing the UK-based advisory firm at £1.8bn, which ends a highly-acquisitive five-year period of private equity ownership. Dallas-based US consultancy Jacobs Engineering Group will buy a 65 per cent stake in...
by Sebastian | Nov 30, 2020 | News
Blackstone today announced that it has agreed to acquire DCI, a pioneer in quantitative credit investing with approximately $7.5 billion in AUM across the global investment grade, high yield and emerging corporate credit markets. The firm, based in San Francisco,...
by Sebastian | Nov 30, 2020 | News
Pittsburgh’s largest private equity firm, Incline Equity Partners, announced a pair of acquisitions by its portfolio company, Wholesale Supplies Plus. WSP, an Independence, Ohio-based distributor of materials, supplies and packaging used in the production of soap,...
by Sebastian | Nov 30, 2020 | ITPEC, News
Abu Dhabi’s biggest sovereign fund is in talks with U.S. firm KKR to invest in Telecom Italia’s (TIM) last-mile network in a deal that has drawn scrutiny from Italy’s government, three sources close to the matter told Reuters. Rome typically welcomes foreign...
by Sebastian | Nov 30, 2020 | News
Oslo-based private equity firm Longship has closed its second fund at the hard cap of NOK1.7bn (€160m). The vehicle is slightly larger than the firm’s maiden fund, reported to have raised €133m in 2016. The firm, a lower mid-market buyout specialist, now manages...