Novia has been snapped up by Anacap Financial Partners, marking the private equity firm’s third acquisition in the UK platform space. Anacap made its first foray into the wealth management platform market with its purchase of Wealthtime. The transaction was announced...
Liverpool Victoria Financial Services has agreed to sell its savings & retirement and protection businesses to funds advised by Bain Capital Credit LP for 530 million pounds ($706.54 million), the company said on Tuesday. Under terms of the deal, LV=’s...
Blackstone today announced that Blackstone Property Partners Life Sciences will acquire a best‐in‐class, 2.3 million square foot portfolio of lab office buildings from a Brookfield Asset Management real estate fund for $3.45 billion. BPPLS is Blackstone Real Estate’s...
A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes wrong, industry officials say. Keen for revenue after a year marked by...
British petrol-station operator EG Group has agreed to buy Austrian oil and gas company OMV’s network of 285 petrol stations in southern Germany for 485 million euros ($589 million), OMV said on Monday. OMV had put the network up for sale as part of a divestment plan... 