ADT Announces Sale of Commercial Business to GTCR for $1.6bn

ADT Announces Sale of Commercial Business to GTCR for $1.6bn

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...
Carlyle Group Stake Purchase Values Quest Global at $2Bn

Carlyle Group Stake Purchase Values Quest Global at $2Bn

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...
CD&R to Raise $23bn for Latest Flagship Fund

CD&R to Raise $23bn for Latest Flagship Fund

Clayton, Dubilier & Rice (DC&R) is close to raising $23 billion for its new flagship buyout fund, overshooting its initial target by $3bn to defy an industry-wide slump in fundraising, the Financial Times reported on Tuesday. CD&R asked its investors if it...