by Sebastian | Dec 22, 2023 | News
The private equity owner of Tropical Smoothie Cafe is preparing to put the U.S. restaurant chain up for sale for around $2 billion, according to people familiar with the matter. Buyout firm Levine Leichtman Capital Partners has hired investment bank Robert W. Baird...
by Sebastian | Dec 22, 2023 | News
The deal for the casual dining giant, which will take the company private, had been approved by 93.5% of shareholders. Andy Hornby, who previously came under fire from investors over his pay packet, is to stay on as chief executive officer, while Mark Chambers will...
by Sebastian | Dec 22, 2023 | News
A unit of U.S. private equity fund KKR announced on Thursday a full takeover bid for Portuguese renewable energy company Greenvolt (GVOLT.LS) that values the firm at 1.16 billion euros, after signing agreements to secure a controlling stake. Gamma Lux said in a...
by Sebastian | Dec 22, 2023 | News
AlpInvest Partners (“AlpInvest”), a subsidiary of global investment firm Carlyle (NASDAQ: CG), today announced the closing of its lead investment in a $2.2 billion Continuation Fund sponsored by Leonard Green & Partners, L.P. (“LGP”). The Continuation...
by Sebastian | Dec 22, 2023 | News
Norwegian software company Visma has brought in new investors via a share sale valuing the company at 19 billion euros ($21 billion) to help fund international expansion, the company said on Thursday. Visma is bringing in around 20 new investors, including Altaroc,...
