Buyout Firm AIP Said to Weigh $3.5 Billion Sale of Cabinetworks

Buyout Firm AIP Said to Weigh $3.5 Billion Sale of Cabinetworks

Private equity firm American Industrial Partners is considering a sale of Cabinetworks Group that could value the building products company at about $3.5 billion, according to people familiar with the matter. New York-based AIP is working with advisers on strategic...
TCV closes its latest fund, TCV XI, at $4bn

TCV closes its latest fund, TCV XI, at $4bn

TCV has closed TCV XI, its largest fund to date at USD4 billion. TCV turned 25 in 2020. Over our first quarter-century, the firm has invested more than USD14 billion, guided 65 companies through IPOs and executed 64 strategic sales.  “Over a quarter century,...
LVMH-Backed L Catterton Plans to Raise $250 Million in Asia SPAC

LVMH-Backed L Catterton Plans to Raise $250 Million in Asia SPAC

L Catterton, the $20 billion private equity firm co-founded by LVMH, has lodged confidential filings to launch a special purpose acquisition company that aims to raise about $250 million for targets in Asia, according to people familiar with the matter. L Catterton...