Private equity firm Advent International had a profit of around 300% in its investment in Brazilian supermarket chain BIG after agreeing to sell it to Carrefour Brasil for $1.4 billion. According to public data, since acquiring 80% of BIG for a token value from...
Global music publisher BMG said on Wednesday it was teaming up with private equity house KKR to acquire music rights, following on from its recent deal to acquire the back catalogue of British rocker Mick Fleetwood. The alliance seeks to capitalise on the boom in...
OMERS Ventures founder and former CEO John Ruffolo has unveiled a new growth equity firm wagering big bets on legacy companies retooling for the new economy. The firm, called Maverix, is just about to close its first fund, a US$500-million pool backed by LPs including...
Fanatics, the world’s biggest licensed sports merchandise retailer, raised $320 million in fresh capital in a funding round that valued the company at $12.8 billion, according to sources close to the deal. The funding round, which came months after its last round, was...
BPP has been sold to private equity house TDR Capital, in what is the educational provider’s first change in ownership since 2009. BPP, which provides legal education and training, as well as courses in accountancy and finance, had been owned by Vanta Education,... 