Billionaire John Grayken’s Lone Star is among private equity firms lining up for all or parts of NatWest Group Plc’s Irish retail unit Ulster Bank, according to people familiar with the matter. Lone Star, which owns Germany’s IKB Deutsche Industriebank AG, and...
Cartesian Growth Corp, a blank check company formed by Cartesian Capital Group targeting high-growth businesses, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The New York, NY-based company plans to raise $250 million by...
When Burnley Football Club announced, on New Year’s Eve, that American private equity firm ALK Capital had acquired a majority stake in the soccer team, it was viewed as a boon for the club from the modest town in northwest England. Burnley players have been...
Private equity is not new to the car wash business, but combination of technological and marketing advancements made in recent years means the highly fragmented industry is ripe for renewed sponsor interest. For a few private equity firms, the car wash business is old...
Private equity and institutional investors were responsible for 54% of hotel investment volume last year, and they are likely to continue to drive activity in 2021. Private equity and institutional investors have started to return to the hotel market, a trend that...