Bosses at social care provider CareTech have backed a takeover bid from a consortium led by its founders. At 750p per share, the proposal values CareTech at around £870m and represents a 28% premium to its closing share price when the offer period commenced in early...
The ‘everything bubble’ is deflating. Stocks, bonds, real estate, and even commodities are seeing a pullback this year. Some believe it’s only a matter of time before the correction spills over into the private market. That could create opportunities for investors who...
Twin Bridge Capital Partners announced it closed its fifth flagship lower middle market fund, Pacific Street Fund V, with more than $880m in capital commitments. Fund V was oversubscribed and exceeded its $800m target. The private equity firm targets investments in...
U.S. public pension funds don’t have nearly enough money to pay for all their obligations to future retirees. A growing number are adopting a risky solution: investing borrowed money. More public pension plans than ever are using leverage, investing borrowed money in...
Italian buyout house Investindustrial is said to be in exclusive talks to buy TreeHouse Food’s meal-prep unit at a $1.3bn valuation, Bloomberg reported, quoting people familiar with the matter. Illinois-based TreeHouse said last year that it would launch a review,... 