by Sebastian | Aug 9, 2023 | News
Private equity giant KKR said on Tuesday it had acquired a $373m portfolio of prime auto loans from Synovus Bank. Shares of Synovus Financial, the parent company of the bank, rose 2.8% in extended trading. KKR, which made the investment through its private credit...
by Sebastian | Aug 9, 2023 | News
Hedonova, a prominent alternative investment firm, is delighted to announce the successful closure of its nickel co-investment, which has generated an outstanding profit of 11.21% in the Indonesian Nickel market in two months. This achievement showcases...
by Sebastian | Aug 8, 2023 | News
ADT Inc., the most trusted brand in smart home and small business security, announced that it has entered into a definitive agreement to sell its commercial security, fire and life safety business unit to GTCR, a pioneering private equity firm, for a purchase price of...
by Sebastian | Aug 8, 2023 | News
U.S. private equity firm Carlyle Group has agreed to purchase a minority stake in Quest Global Services that values the engineering outsourcing firm at $2bn, two people with knowledge of the matter told Reuters. Carlyle on Tuesday announced that the firm and...
by Sebastian | Aug 8, 2023 | News
Shawbrook Group, a UK-based small business lender backed by private equity firms including BC Partners and Pollen Street Capital, is planning a £3.5bn merger with Co-operative Bank in what would be one of the most significant UK banking deals since the 2008 financial...