by Sebastian | Aug 30, 2024 | News
BlackRock Inc. has initiated an auction for German startup SellerX, taking the unusually aggressive step after a loan granted to the Amazon aggregator soured. An advertisement published Friday in the Börsen-Zeitung newspaper stated that the auction for the L...
by Sebastian | Aug 30, 2024 | News
NFL team owners officially approved another way for them to receive money. The league’s franchise owners voted in favor of a rule change allowing private equity firms to buy a stake of up to 10% of a team, per Sportico, unlocking billions of committed and...
by Sebastian | Aug 30, 2024 | News
With increased financing costs and economic uncertainty reducing exit opportunities over the past five years, financial sponsors have found themselves with elongated holding periods and a need to explore levers they can pull during the holding period to create...
by Sebastian | Aug 30, 2024 | News
Global investment firm KKR has completed the acquisition of Varsity Brands, a team sports, athletics and spirit company, from Bain Capital and Charlesbank. The financial terms of the transaction have not been disclosed. Media sources report its value to be $4.75bn....
by Sebastian | Aug 16, 2024 | News
Houston-based private equity firm Pelican Energy Partners has agreed to acquire GSE Solutions, an engineering provider to the nuclear power industry, in an all-cash transaction. Under the terms of the merger agreement, which was unanimously approved by GSE’s...