Providence seeks to exit music market with $600m song sale

Providence seeks to exit music market with $600m song sale

Providence Equity is trying to sell its Tempo song catalogue for a price of as much as $600m — a key test for the strength of the music market as interest rates rise. The deal would be the first major private equity exit from the red hot music copyrights market as...
Nest appoints Schroders for £1.5bn private equity push

Nest appoints Schroders for £1.5bn private equity push

Nest has today announced that it has entered into a new private equity partnership with Schroders Capital. The new partnership will see the government-backed auto-enrolment provider and Schroders Capital -the private markets investment division of Schroders –...
Blackstone to buy PS Business Parks in $7.6bn take-private deal

Blackstone to buy PS Business Parks in $7.6bn take-private deal

Blackstone agreed to buy real estate investment trust PS Business Parks for $7.6bn, including debt, as dealmaking activity in the real estate sector continues to thrive in the aftermath of the COVID-19 pandemic. As part of the take-private deal, Blackstone said its...
EQT Explores $2bn Sale of Wash Multifamily Laundry

EQT Explores $2bn Sale of Wash Multifamily Laundry

EQT AB is exploring a sale of Wash Multifamily Laundry Systems, which operates laundry machines in apartment buildings, college residence halls and military bases, according to people with knowledge of the matter. The alternative asset manager, which has owned Wash...