Private equity firm Permira to buy majority stake in Boats Group

Private equity firm Permira to buy majority stake in Boats Group

Private equity firm Permira said on Tuesday it will acquire a majority stake in online classifieds marketplace Boats Group from Apax Partners funds. The financial details of the deal were not disclosed.  The deal for Boats, which mainly serves the recreational marine...
Oceanpine Capital Hits $400Mn Final Close of Fund II

Oceanpine Capital Hits $400Mn Final Close of Fund II

This is the first time Oceanpine has sought funding from external LPs since its inception in Dec 2016. That year, the firm set up its $400 million debut fund using GP’s internal capital. Founder Dave Chenn, who previously established a multi-billion-dollar...
Secondary market likely to be aided by GP-led deals

Secondary market likely to be aided by GP-led deals

Alternative investment general partner-led secondary market transactions are expected to increase in 2021, giving managers additional exit options and relieving the pressure of selling companies during the COVID-19 pandemic. GP-led transactions involving single assets...
Triton Partners sells DSI Underground to Sandvik for €943m

Triton Partners sells DSI Underground to Sandvik for €943m

Sandvik has agreed to buy DSI Underground from Triton for €943 million. DSI is a €500 million revenue business that provides ground support and reinforcement technology for underground mines and tunnels. DSI, which will become part of Sandvik’s Mining and Rock...