Australia and New Zealand Banking Group has dropped talks with KKR for the potential $3.04bn buyout of software firm MYOB. The banking corporation said it “confirmed that it has withdrawn from discussions with Kohlberg Kravis Roberts & Co. (KKR) about a potential...
Global buyout major EQT has agreed to buy Investcorp‘s stake in talent and entertainment business United Talent Agency. EQT said the investment is expected to be the first from its EQT X fund, which is currently out targeting €20bn with a €21.5bn hard cap. That fund...
European private equity funds are looking to raise a total of more than $110.7bn, and despite macroeconomic uncertainty, investors have been largely successful in reaching their targets. PitchBook data shows that, as of the end of Q2, there are 197 open PE funds in...
European mid-market tech investor Tenzing has scored an impressive 9.6x return selling CitNOW Group to UK private equity house Livingbridge. Tenzing sealed a 74% IRR from the sale, which comes four years after the firm bought into the sales conversion software for car...
SHS Gesellschaft für Beteiligungsmanagement has received capital commitments of over €220m for its sixth fund at the first closing. Faster than expected, the Tübingen-based healthcare investor has already exceeded its target of €200m at the first closing. The sixth... 