by Sebastian | Oct 5, 2023 | News
U.S. buyout firms Veritas Capital and Platinum Equity are vying to acquire Jacobs Solutions Inc’s (J.N) government consulting business, competing against rival contractor Amentum, according to people familiar with the matter. Dallas-based Jacobs is seeking final...
by Sebastian | Oct 5, 2023 | News
Wells Fargo & Company WFC divested around $2bn of private equity investments in certain funds to a group of leading investors. The move demonstrates the bank’s active investment portfolio management strategy. Particularly, the company sold its investment in...
by Sebastian | Oct 5, 2023 | News
Bain Capital is considering a sale of a minority stake in US LBM that could value the building materials group at about $7bn or more, including debt, according to people familiar with the matter. The company is working with an adviser to run an auction process for a...
by Sebastian | Oct 4, 2023 | News
Bluestone Equity Partners (Bluestone), a private equity firm, today announced the successful closing of Bluestone Capital I, L.P., its inaugural $300m growth equity fund focused on the global sports, media & entertainment industry. Led by Founder & Managing...
by Sebastian | Oct 4, 2023 | News
Shares in Scandinavian Airlines dropped more than 90% after the ailing carrier announced new shareholders in a restructuring scheme that will see the company delisted and existing ownership stakes erased. The rescue deal involving airline alliance Air France-KLM and...
