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...
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...
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,...
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...
Frothy public markets have been chipping away at the long-held view that venture-backed tech companies should stay private as long as possible. Over the past decade, many tech entrepreneurs couldn’t be bothered to go public, a step accompanied by extra cost,...
