Platinum Equity Sells Orbit Irrigation for $480m

Platinum Equity Sells Orbit Irrigation for $480m

Beverly Hills-based private equity firm Platinum Equity has agreed to sell sprinkler business Orbit Irrigation Products to Husqvarna Group in a transaction valued at $480m. In separate transactions, Platinum Equity also agreed to buy a pet accessory supplier and a...
Secondary Transactions on Pace to Reach $100bn This Year

Secondary Transactions on Pace to Reach $100bn This Year

The market for secondhand stakes in private-markets assets is expected to hit a milestone this year, as strong investment performance has encouraged more institutional investors and fund managers to explore sales. Buyers and intermediaries say this year they expect...
Appian Scores Hefty Returns on Brazilian Mine Sales

Appian Scores Hefty Returns on Brazilian Mine Sales

Private equity firm Appian Capital Advisory is poised to generate a 60% internal rate of return from the sale of two Brazilian mining companies, benefiting from rising demand for metals used in electric-vehicle batteries, according to people familiar with the matter....