by Sebastian | May 3, 2024 | News
Austrian property group Immofinanz signed a contract to sell its logistics portfolio to U.S. private equity group Blackstone, the company said on Monday as it switches focus to its retail and office business in western Europe. The Austrian firm, whose results have...
by Sebastian | May 3, 2024 | News
Sydney investment firm Quadrant Private Equity is now a Canva shareholder after acquiring a hefty $500 million slice of the design giant, including more than $100 million worth of shares from VC fund Blackbird. That represents about 1.2% of the company’s stock. The...
by Sebastian | May 3, 2024 | News
L Catterton has announced that it has entered into a definitive agreement to acquire a majority stake in Kiko Milano from the Percassi Family for an undisclosed sum. The Italian founders will retain a significant stake in the make-up brand. In 2023, Kiko recorded net...
by Sebastian | May 3, 2024 | News
London-based card reader maker SumUp has secured a €1.5bn private credit loan package from a group of lenders led by Goldman Sachs. Other participants include BlackRock, Apollo Global Management, Oaktree Capital Management and Vista Credit Partners. According to a...
by Sebastian | May 3, 2024 | News
Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom private, according to people familiar with the matter. Nordstrom said last month that CEO Erik Nordstrom and his brother Pete, the...