Mobeus nets 23.4% IRR in UK tech company sale

Mobeus nets 23.4% IRR in UK tech company sale

UK lower mid-market firm Mobeus Equity Partners has scored an internal rate of return of 23.4% in the sale of security devices manufacturer Access-IS to US trade buyer HID. The firm generated a money multiple of 2.5x on the transaction, according to a statement. Based...
The SPAC market is deflating. Here’s why.

The SPAC market is deflating. Here’s why.

There is now more than $40bn of SPAC capital on the market searching for acquisition targets, but not all of those will agree to home-run deals, or be able to find ones before their deadlines at all The hottest market in history for special purpose acquisition...
Blackstone racks up $10bn for core property strategy

Blackstone racks up $10bn for core property strategy

Blackstone Group has surpassed the $10bn mark in commitments to its core real estate strategy, which has focused recently on growth segments such as warehouses for distributors and production studios for digital content creators. The New York private equity giant...
Former KKR dealmaker launches healthcare-focused buyout firm

Former KKR dealmaker launches healthcare-focused buyout firm

Jim Momtazee, a former dealmaker at U.S. buyout firm KKR & Co Inc, has launched his own firm to pursue private equity deals in the healthcare sector. Momtazee, who spent 21 years at KKR and led its Americas healthcare team for a decade, said in a statement he...
Singapore Investors Linked With Fresh Newcastle Takeover Attempt

Singapore Investors Linked With Fresh Newcastle Takeover Attempt

A Singapore-based private equity firm are interested in buying Newcastle United after the controversial Saudi-led takeover broke down, according to reports. The Magpies were previously subject to interest from a consortium consisting of Saudi Arabia’s Private...