Leonard Green-Backed PureGym Weighs IPO

Leonard Green-Backed PureGym Weighs IPO

The United Kingdom’s largest gym chain, backed by private equity firm Leonard Green & Partners, is considering an IPO as it looks to muscle into the United States. “We’re exploring our options,” a spokeswoman with Leeds-based PureGym Group said. “It’s too early to...
Carlyle to raise $1bn debt to acquire Hexaware

Carlyle to raise $1bn debt to acquire Hexaware

Carlyle has emerged as the preferred bidder for IT services firm Hexaware for a $3bn acquisition. The Carlyle Group has reached an agreement with a group of banks to raise over $1bn to support its planned acquisition of Mumbai-based Hexaware Technologies, three people...