Clearlake Capital announced it has completed the sale of Brightly Software to Siemens AG for $1.575bn of upfront cash consideration, along with $300m in cash earn-out payments, for a total of $1.875bn. Brightly is a software-as-a-service (“SaaS”) provider...
London private equity firm Montagu has struck a deal with publishing giant Informa to buy up shipping newsletter Lloyd’s List, one of the world’s oldest continuously running news journals. Montagu Private Equity, which manages €10bn (£8.4bn) worth of assets, has...
HG Capital is considering a sale of one of Britain’s fastest-growing accountancy firms that could value it at close to £1.5bn. Sky News has learnt that Hg, the private equity firm, has hired investment bankers at JP Morgan to oversee an auction of Azets. City...
Baring Private Equity Asia on Thursday announced the acquisition of the Sydney Hilton hotel by the firm’s affiliated real estate funds for $370m. The completed deal marks the largest-ever single asset transaction in the Australian hospitality sector, BPEA said in a...
Northleaf Capital Partners, a leading global private markets investment firm, is pleased to announce the successful final close of Northleaf Capital Opportunities. Investors entrusted $385m of capital to NCO, exceeding the Fund’s original $350m target, and bringing...