Wolverine Buys Sweaty Betty for $410 Million to Boost Activewear
Wolverine World Wide Inc. bought British fitness and lifestyle brand Sweaty Betty for $410 million to expand its business into the fast-growing activewear sector. The U.S. footwear and lifestyle group closed the all-cash deal on Monday after L Catterton, a private-equity firm co-owned by Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton SE, […]
Sophos extends its spending spree with Refactr buy
Thoma Bravo-owned Sophos has announced its second takeover in as many weeks with the acquisition of Seattle-based DevSecOps startup Refactr. Refactr was founded in 2017 and offers an automation platform that helps cybersecurity and DevOps teams to collaboratively operate. The platform, which is used by the nonprofit Center for Internet Security and the U.S. Air Force’s Platform One, […]
PAI Partners to acquire Scrigno from Clessidra Private Equity
Private equity firm PAI Partners (PAI) has agreed to acquire Scrigno, an opening solutions specialist, from the fund Clessidra Capital Partners 3, managed by Clessidra Private Equity SGR (Clessidra). Headquartered in Sant’Ermete (Rimini), Scrigno is a leading fully integrated opening solutions player in Europe. With a primary focus on residential applications, Scrigno operates through three […]
Gen II Fund Services acquires Stone Pine Accounting Services
Gen II Fund Services (Gen II), an independent private equity fund administrator, has acquired Stone Pine Accounting Services (Stone Pine), a Denver-based provider of private equity fund administration, tax and investor services. Stone Pine provides tailored services to a variety of private equity fund structures. The addition further enhances Gen II’s service offerings, expands the […]
BDT Capital Partners, Mubadala complete acquisition of Culligan International
BDT Capital Parnters and Abu Dhabi sovereign wealth fund Mubadala Investment Company and its asset management subsidiary Mubadala Capital, said on Monday they have completed an acquisition of water treatment company Culligan International. BDT Capital Partners has bought a majority interest in Culligan from Advent International and Centerbridge Partners in a deal first announced in […]
McIntyre’s Socium acquires London mortgage broker
Socium Group, the investment vehicle backed by private equity firm Penta Capital, has acquired “a significant controlling stake” in London-based mortgage broker Charles Cameron & Associates. The deal, the details of which were not disclosed, is the latest move in Socium’s five-year plan to build a 300 adviser-strong business, and arrives just months after Socium withdrew its […]
HIG Capital to acquire Quick Restaurants
An affiliate of global alternative investment firm HIG Capital (HIG) has entered into a definitive agreement to acquire Quick Restaurants (Quick) from Burger King France. The transaction is expected to be completed before the end of the year, following regulatory approval. Established in 1971, Quick is one of the leading burger fast food chains. Present […]
Sanne Group in advanced takeover talks with Apex after £1.49bn bid
London’s Sanne Group is in advanced talks with fund servicer Apex Group on a possible cash takeover bid of up to £1.49bn. At 920 pence per share, the offer values the UK asset manager at around £1.49bn and represents a premium of 9 per cent on Sanne’s share closing price of 844.0 pence on Friday. […]
Meggitt agrees £6.3bn takeover by Parker Hannifin
UK aerospace and defence company Meggitt is to be taken over by US rival Parker Hannifin in a £6.3bn deal that marks the latest approach for a UK listed company by an overseas buyer. Meggitt shareholders will receive 800p per share in cash in the agreed deal, representing a premium of 71 per cent to […]
KKR Acquires Three Self-Storage Facilities in Austin and Nashville
KKR today announced the acquisition of three self-storage properties located in Austin, Texas and Nashville, Tennessee. The properties include approximately 1,800 storage units and were built between 2019 and 2020. They were acquired through separate transactions with two different sellers for an aggregate purchase price of approximately $36 million. The purchases represent KKR real estate’s […]
