by Sebastian | Apr 5, 2024 | News
Private equity firm EQT it has agreed to buy compliance software maker Avetta from Welsh, Carson, Anderson & Stowe (WCAS). EQT had prevailed in a sale process run by Avetta’s owner Welsh Carson, valuing the company at roughly $3 billion, including debt. The...
by Sebastian | Apr 5, 2024 | News
Pet care company Rover Group said private equity firm Blackstone will take it private in a $2.3 billion all-cash deal. The company’s shareholders will receive $11 per share at a premium of 29.4% from the last close price. Blackstone approached Rover directly...
by Sebastian | Apr 5, 2024 | News
Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 bn euros ($8.04 bn) to concentrate on faster growing products. The maker of Knorr soup and Dove soap announced the deal on Friday, hours after Reuters reported that...
by Sebastian | Apr 5, 2024 | News
US private equity giant Carlyle is set to take control of Southend Airport after agreeing a deal to settle a debt with its current owner. The investor will take an 82.5% stake in London Southend Airport (LSA), while current owner Esken will keep 17.5%. Esken, formerly...
by Sebastian | Apr 5, 2024 | News
American private equity investor KKR has put forward a €2.8bn ($3bn) offer to acquire German renewable energy producer Encavis. KKR’s subsidiary Blitz 21-823 (BidCo) has made an investment agreement to initiate a voluntary public takeover offer for all outstanding...
