by Sebastian | Nov 4, 2020 | News
Stockholm-based Nordic Capital is set to acquire a majority stake in BearingPoint’s RegTech business, a regulatory reporting platform used by more than 6,000 firms including banks, insurance companies and supervisory authorities. Founded over 25 years ago,...
by Sebastian | Nov 4, 2020 | News
Carlyle has acquired a UK senior housing developer Beechcroft from London-based private equity firm Alchemy for an undisclosed sum. The US giant said in a statement that the equity for the investment came from its Europe Realty (CER) fund, a €540m pan-European real...
by Sebastian | Nov 4, 2020 | News
Global private equity Bain Capital has joined the race to acquire a controlling stake in Ajay Piramal-promoted Piramal Glass Private Limited (PGPL), two people directly aware of the development told Mint, requesting anonymity as the discussions are private. According...
by Sebastian | Nov 4, 2020 | News
Dubai’s financial regulator has been stepping up scrutiny of firms to avoid a repeat of two high-profile failures in the emirate’s private equity industry, Abraaj and Al Masah Capital Ltd. “Through our supervision work, we look to probe firms more than perhaps we did,...
by Sebastian | Nov 4, 2020 | News, UKPEC
British shoe brand Clarks has agreed to sell a majority stake to a Hong-Kong based private equity company in a £100m deal, as the group’s founding family cedes control for the first time in its 195-year-old history. C&J Clark, the company behind the brand, on...