by Sebastian | Aug 9, 2022 | News
A consortium of private credit firms has lined up a roughly $2.9bn debt package backing Carlyle Group Inc.’s acquisition of US government contractor ManTech International marking the latest win for deal-hungry direct lenders. The group of lenders includes the credit...
by Sebastian | Aug 8, 2022 | News
QinetiQ US, a wholly owned subsidiary of QinetiQ Group and a leading defence company is to acquire Avantus Federal (Avantus) from NewSpring Holdings for an enterprise value of $590m. The combination of QinetiQ US and Avantus will create a powerful growth platform to...
by Sebastian | Aug 8, 2022 | News
US investment firm AllianceBernstein has closed Commercial Real Estate Debt Fund IV with $1.3bn of capital commitments. The firm said Fund IV will deploy a value-add transitional lending strategy. AB launched the US commercial real estate debt platform in 2013. It...
by Sebastian | Aug 8, 2022 | News
Avalara said on Monday it has agreed to be acquired by private equity firm Vista Equity Partners in a deal that values the tax automation software platform at $8.4bn including debt, one of the largest take-private deals this year as the M&A market slows down....
by Sebastian | Aug 8, 2022 | News
StepStone, a global private markets investment firm, today announced the final closing of StepStone Capital Partners Fund V, its fifth dedicated co-investment fund, raising $2.36bn of commitments. Through SCP V, StepStone seeks to build a diversified portfolio of...