McGraw-Hill to Be Acquired by Private Equity Firm for $4.5 Billion
The education and publishing giant McGraw Hill will be acquired by a private-equity firm that has a deep stake in a diverse array of industries, in a deal valued around $4.5 billion. Platinum Equity, a California-based firm headed by billionaire Tom Gores, has agreed to buy McGraw Hill from Apollo Global Management Inc, the two companies announced Wednesday. […]
Blackstone completes £1.2bn takeover of property developer St Modwen
Blackstone now has over $196bn of property assets under management. Blackstone, has finalized a £1.2bn to takeover of UK property investment company St Modwen. It follows a string of property investments by Blackstone, which now owns Sage Housing and Bourne Leisure. The offer was initially opposed by JO Hambro Capital Management, one of the FTSE 250 developer’s largest […]
Unilever to acquire Paula’s Choice from TA Associates
TA Associates, a global growth private equity firm is to sell Paula’s Choice, a leading digital-led skin care brand, to Unilever, one of the world’s leading suppliers of Beauty & Personal Care, Home Care, and Foods & Refreshment products. “It has been a privilege to partner with TA, which embraced our unique positioning and helped […]
Six BidCo Ltd acquires Sigma Capital Group plc
Paul Hastings LLP, a global law firm, is advising Six BidCo Ltd (a wholly-owned indirect subsidiary of investment funds managed by PineBridge Benson Elliot) on its acquisition of Sigma Capital Group plc, a provider of Private Rented Sector housing in the UK. The boards of Six Bidco Ltd and Sigma Capital Group plc this morning […]
KPS Capital Partners to acquire Siderforgerossi Group
KPS Capital Partners (KPS) has signed a definitive agreement to acquire Siderforgerossi Group, SpA (Siderforgerossi), a global manufacturer of large diameter forged products. Upon completion of the transaction, Siderforgerossi will become the fifth acquisition completed by KPS Special Situations Mid-Cap Fund (the “Mid-Cap Fund”) and KPS’ second Mid-Cap Fund acquisition in Italy in 2021. Ryan […]
Private Equity Firms Just Acquired ExtraHop in $900 Million Deal
ExtraHop announced Tuesday it has entered into a definitive agreement to be acquired by the private equity firms Bain Capital Private Equity and Crosspoint Capital Partners for $900 million. “We believe that network detection and response is the next major cybersecurity segment and that ExtraHop has the best enterprise technology in the space,” says David Humphrey, […]
Angeles Equity Partners Just Acquired Primus Aerospace
Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced the acquisition of Primus Aerospace (“Primus”), a manufacturer of complex precision components for the aerospace, defense, and space (“AD&S”) sectors. Primus serves several of the premier AD&S prime contractors and original equipment manufacturers (“OEMs”) for many of the industry’s most […]
KKR plans more shale acquisitions after $5.5B Contango Oil & Gas deal
KKR & Co. is building a shale-oil acquisition vehicle with the $5.7 billion combination of two little-known explorers. The buyout firm’s Independence Energy will merge with Contango Oil & Gas Co. in an all-stock deal that will be used to hunt down even bigger deals, Contango Chairman John Goff told analysts during a conference call […]
KKR completes acquisition of Ensono
KKR, a global investment firm, and Ensono, a leading hybrid IT services provider, have closed the previously announced acquisition of Ensono by KKR. Ensono provides a comprehensive suite of services that help enterprises manage, optimise and modernise their IT systems across mainframe, cloud and hybrid infrastructure. “Joining the KKR family strengthens our position as a […]
Blackstone just acquired tech publisher IDG for $1.3B, as private equity strikes again
It’s been a busy week for private equity, with Cloudera, Stack Overflow and FireEye coming off the board on Tuesday and Wednesday. Today Blackstone bought media and data company IDG for $1.3 billion. The company had been owned by Oriental Rainbow, LLC, a subsidiary of China Oceanwide Holdings Group, Co. Ltd. Company CEO Mohamad Ali is hoping that Blackstone can […]
