Biggest private equity firm in Pittsburgh announces two deals

Biggest private equity firm in Pittsburgh announces two deals

Pittsburgh’s largest private equity firm, Incline Equity Partners, announced a pair of acquisitions by its portfolio company, Wholesale Supplies Plus. WSP, an Independence, Ohio-based distributor of materials, supplies and packaging used in the production of soap,...
Abu Dhabi wealth fund in talks with KKR over Italian grid deal

Abu Dhabi wealth fund in talks with KKR over Italian grid deal

Abu Dhabi’s biggest sovereign fund is in talks with U.S. firm KKR to invest in Telecom Italia’s (TIM) last-mile network in a deal that has drawn scrutiny from Italy’s government, three sources close to the matter told Reuters.  Rome typically welcomes foreign...
Norway’s Longship closes second fund at €160m

Norway’s Longship closes second fund at €160m

Oslo-based private equity firm Longship has closed its second fund at the hard cap of NOK1.7bn (€160m). The vehicle is slightly larger than the firm’s maiden fund, reported to have raised €133m in 2016. The firm, a lower mid-market buyout specialist, now manages...
South African Buyout Firms Take Equity in Zimbabwe Border Post

South African Buyout Firms Take Equity in Zimbabwe Border Post

Private equity firm Harith General Partners Pty Ltd. and the Phembani Remgro Infrastructure Fund are buying equity in a company investing $296 million to modernize Zimbabwe Beitbridge border, one of Africa’s busiest land border crossings. Zimborders Mauritius has a...
Billionaire brothers have lodged a bid to buy Caffe Nero

Billionaire brothers have lodged a bid to buy Caffe Nero

The billionaire brothers behind the British petrol retailing powerhouse EG Group have launched a daring takeover bid for Caffe Nero hours before the ailing coffee shop chain seeks approval from landlords to slash its rent bill. Sky News has learnt that Mohsin and...