by Sebastian | Nov 14, 2020 | News, UKPEC
The owners of the petrol stations business EG Group have raised expensive debt-like financing from sovereign wealth and pension funds, handing them hundreds of millions of pounds in fresh cash that could help fund their buyout of the UK supermarket chain Asda....
by Sebastian | Nov 13, 2020 | News
US LBM, a leading distributor of specialty building materials in the United States, today announced the signing of a definitive agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under the leadership...
by Sebastian | Nov 13, 2020 | News
Guitar Center, the country’s biggest musical instrument retailer, is close to completing a prepackaged bankruptcy with backing from a majority of its creditors, a media report says. Guitar Center would join a parade of retailers that have failed during the coronavirus...
by Sebastian | Nov 13, 2020 | News, SEAPEC
CrossInvest (Asia) Pte. is looking to buy money management rivals and strike private equity deals in the fintech space with a goal of boosting assets under management to over $3.5 billion by 2023. Cem Ayhan Azak, who previously worked at Barclays Plc, bought a 95%...
by Sebastian | Nov 13, 2020 | News, UKPEC
PE-backed Caffè Nero has become the latest high street coffee chain to restructure its business after profits were hit by the coronavirus pandemic. The chain, which operates around 700 sites across the UK and 200 overseas, entered a Company Voluntary Arrangement (CVA)...
