by Sebastian | Nov 1, 2022 | News
New York-based private-equity firm Apollo Global Management has chosen Anchorage Digital to be its custodian for crypto assets, according to a press release on Monday. Anchorage, which became the first federally chartered crypto bank in the U.S. last year, said it...
by Sebastian | Oct 31, 2022 | News
According to the Wall Street Journal, the deal – expected to be announced on Monday – would give Blackstone a 55% stake in the unit, which sells compressors and other HVAC products and services used in commercial and residential heating and cooling as well...
by Sebastian | Oct 31, 2022 | News
L Catterton, the private equity firm backed by luxury goods empire Louis Vuitton Moet Hennessy, said on Monday it aimed to raise 2 billion yuan ($275.44 million) for its first yuan-denominated fund, as it eyes early-stage investments in China. L Catterton, which has...
by Sebastian | Oct 31, 2022 | ITPEC, News
Thermo Fisher Scientific agreed to acquire British specialty diagnostics firm Binding Site in a deal valued at $2.6bn. The US instrument maker will buy Birmingham, England-based Binding Site in an all-cash deal from owners led by buyout firm Nordic Capital, according...
by Sebastian | Oct 31, 2022 | News
Time is ticking away for private equity firms to get ready for their next wave of deals. Rising interest rates, inflation and recession risks have eroded consumer confidence and left buyout firms facing a new reality of higher financing costs and potentially lower...
