The Carlyle Group today announced that it has acquired a majority stake in Manna Pro Products (“Manna Pro”) from investment funds managed by Morgan Stanley Capital Partners (“MSCP”). Financial terms of the transaction were not disclosed. Manna Pro, a St. Louis-based...
A blank-check company set up by veteran investor Bill Foley is in talks to merge with online payments firm Paysafe Group Ltd, which is backed by Blackstone Group Inc and CVC Capital Partners, Bloomberg News reported on Friday. The report, citing people with knowledge...
EQT AB is planning an initial public offering of German enterprise software developer SUSE, according to people familiar with the matter. The private equity firm is speaking to potential advisers about the possibility of listing SUSE as soon as next year, the people...
Two private equity firms are betting that recently proposed acquisitions of publicly traded companies will enable them to replicate the sweet success enjoyed by other firms that have come before them. Last week, Clearlake Capital Group said it would acquire Endurance...
Hertz Global Holdings today announced that it has secured commitments for fleet financing totaling $4 billion and has filed a motion for approval of The Hertz Corporation entering into the documentation for the financing by the U.S. Bankruptcy Court for the District...