Hard-hit sports world finds new fans: private equity firms

CVC Capital Partners, Bain Capital, and Cinven are among the private equity investors circling Serie A, Italy’s top-flight soccer league, for a possible stake. Should a deal close, an influx of new capital couldn’t arrive at a better time.  Serie A, like...
Topgolf Said in Talks to Go Public Via Churchill Capital

Topgolf Said in Talks to Go Public Via Churchill Capital

Topgolf International Inc., an operator of driving ranges with a party atmosphere, is in talks to go public through a merger with the blank-check company Churchill Capital Corp. II, according to people with knowledge of the matter. Dallas-based Topgolf is in talks to...
KKR Pursues Deal for $4 Billion French Clinic Chain Elsan

KKR Pursues Deal for $4 Billion French Clinic Chain Elsan

KKR & Co. is in talks about a potential acquisition of French clinic chain Elsan, according to people familiar with the matter. The private equity firm is discussing a potential deal with Elsan’s owner, CVC Capital Partners, as it seeks to preempt a planned...
Private Equity-Owned Companies Fuel Surge in Defaults

Private Equity-Owned Companies Fuel Surge in Defaults

Private equity-backed companies are driving defaults in the Covid-19 recession, with companies owned by Blackstone Group, KKR & Co., and Apollo Global Management among those that have run into trouble, according to Moody’s Investors Service.  More than half of...