UK’s Capita in exclusive talks with PE firm Montagu for ESS sale

UK’s Capita in exclusive talks with PE firm Montagu for ESS sale

British outsourcer Capita Plc said on Friday it was in exclusive talks with private equity firm Montagu over the potential sale of its standalone Education Software Solutions (ESS) business. The company, which has been trying to sell some non-core assets, had expected...
3G asks investors for more time to find next megadeal

3G asks investors for more time to find next megadeal

3G Capital, which invests alongside Warren Buffett, is seeking to hold on to its investors’ money for longer as coronavirus uncertainty and sky-high valuations delay its next megadeal, say people briefed about the matter. The Brazilian-US investment group behind Kraft...
Abris buys Polish healthcare firm Scanmed

Abris buys Polish healthcare firm Scanmed

Warsaw-based private equity firm Abris Capital Partners has bought the entire shareholding in Scanmed, a Polish healthcare network operator, for €76m. The purchase, made by the Abris CEE Mid-Market III LP fund, is for 100% of the shares in Scanmed from the seller Life...
Investcorp Sees Promise in Private Equity’s Main Street Push

Investcorp Sees Promise in Private Equity’s Main Street Push

In recent years, the private-equity industry has made slow but steady progress in its quest to open the asset class to ordinary investors, including 401(k) retirement plans, although so far those investors haven’t yet flooded the asset class. Rishi Kapoor, the...
Advent Is Said to Revive Unit4 Sale Plans After SPAC Approach

Advent Is Said to Revive Unit4 Sale Plans After SPAC Approach

Advent International is planning to revive a sale of software business Unit4 NV after receiving takeover interest from a blank-check company, according to people familiar with the matter. The private-equity firm could kick off a sale process for the business next...