Private equity is not new to the car wash business, but combination of technological and marketing advancements made in recent years means the highly fragmented industry is ripe for renewed sponsor interest. For a few private equity firms, the car wash business is old...
Private equity and institutional investors were responsible for 54% of hotel investment volume last year, and they are likely to continue to drive activity in 2021. Private equity and institutional investors have started to return to the hotel market, a trend that...
Scottish temporary power company Aggreko is facing a potential £2bn takeover bid from a private equity consortium. TDR Capital and I Squared Capital have approached Aggreko’s board with an indicative bid over the last few days. The bid is at a significant...
The Carlyle Group’s big bet on a trendy fashion brand paid off in the fourth quarter of 2020, helping the firm to an earnings day surprise that sent its stock soaring. Carlyle posted net income of $518.8 million in Q4, a sharp turnaround after the firm lost...
Privately-owned Appalachian gas producer Alta Resources is exploring options that include a sale of its acreage for more than $3 billion, people familiar with the matter said on Thursday. The move comes as a prolonged slump in energy demand, caused by the COVID-19...
