by Sebastian | Aug 9, 2022 | News
Eurazeo is announcing a sale of Trader Interactive, valued at $1.9bn corresponding to 25,0x CY 2021 Adjusted EBITDA. With this operation, Eurazeo and its affiliates show a return on a realized basis of 3.1x their original investment. The sale of the 51% stake...
by Sebastian | Aug 9, 2022 | News
United Parcel Service Inc said on Monday it would buy Italy-based healthcare logistics firm Bomi Group to bolster its capability in delivering medicines that require cold storage. The U.S. delivery firm is focusing on high-margin businesses to offset declining volumes...
by Sebastian | Aug 9, 2022 | News
Yieldstreet, the world’s largest direct-to-consumer online platform for investing in private markets, today announced the closing of a warehouse facility that provides access to up to $400m from Monroe Capital. This financing is the largest of its kind to date for...
by Sebastian | Aug 9, 2022 | News
Five years ago, Bill Conway had bid Carlyle Group investors a farewell on the company’s third quarter earnings call: “I’m grateful to all of you who participated on these calls for the past 21 quarters with me.” At the time, Conway and his co-CEO David Rubenstein, two...
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...