The sale of Asda to the billionaire Issa brothers and private equity firm TDR Capital looks to be moving forward as the group has jointly offered to sell 27 petrol stations as they work to avoid a full investigation by the Competition and Markets Authority (CMA). The...
Park Square Capital has held the final closing of its fourth subordinated debt fund, resulting in total investable capital of around $2.7bn. Park Square Capital Partners IV and related vehicles (PSCP IV) raised around $2.2bn of equity commitments, exceeding its target...
Audax Private Debt, the debt financing unit of multi-strategy investment firm Audax Group, has closed on $1.85bn for its fifth mezzanine fund to target private equity backed mid-market businesses. Commitments to Audax Mezzanine Fund V exceeded the firm’s fundraising...
Advent-backed French start-up Shift Technology, a developer of software to help insurers detect fraudsters, has closed a $220m fundraising that brings its valuation to over $1bn, it said on Thursday. Shift Technology’s latest fundraising was led by private...
EQT-backed enterprise software company SUSE set the price range for its initial public offering in Frankfurt on Wednesday, implying a market capitalisation of between $5.9-$6.9bn. SUSE, whose open-source software helps run applications on cloud servers, mainframe... 