Macquarie Capital Acquires Wavenet FromBeech Tree Investors
Private equity firm Macquarie Capital has acquired British communications firm Wavenet. The company was previously owned by private equity investor Beech Tree, which sold Wavenet to Macquarie for an undisclosed amount. Beech Tree invested in Wavenet in 2016. Since then, Wavenet has grown from £14M (US$22.7 million) to over £60M (US$85.1 million) in 2021, according […]
Accel-KKR Buys GPS Insight
Accel-KKR, a leading tech-focused private equity firm with over $10 billion of assets under management, has acquired GPS Insight, a fleet management software provider. Founded in 2005, GPS Insight provides SaaS-based fleet management software and complementary solutions for Class 3-6 fleets in the United States and Canada. Simultaneously, Accel-KKR announced that it is merging GPS Insight […]
Oaktree Capital to buy minority stake in Inter
Bloomberg reports Oaktree Capital is set to acquire a minority stake in Inter and could complete the club’s takeover from Suning in the future. The US fund is close to buy a 30 per cent stake owned by LionRock Capital. The deal is worth €275m, around $336 m, according to the report. Italian media had […]
Bell tolls for John Laing: Infrastructure champion has rolled over too quickly for private equity predators, says ALEX BRUMMER
Private equity pioneers KKR, the original ‘Barbarians at the Gate,’ want stakeholders to believe they are doing them a huge favor by offering £2billion for British infrastructure giant John Laing. As with so many recent private equity deals for FTSE 250 companies, the premium to the current share price of 33 per cent looks generous. […]
Lightyear Capital, Oak HC/FT and Greater Sum Ventures Close on Sale of Therapy Brands to KKR
Lightyear Capital LLC (“Lightyear”), Oak HC/FT and Greater Sum Ventures (“GSV”) today announced that investment funds affiliated with Lightyear, Oak HC/FT and GSV have completed the sale of Therapy Brands to KKR. Financial terms were not disclosed. Funds affiliated with Lightyear and Oak HC/FT acquired a majority stake in Therapy Brands in July 2018. Therapy […]
Sole Source-Backed Peak-Ryzex Acquires Bar Code Direct
Sole Source Capital LLC, an industrial-focused private equity firm today announced that its portfolio company, Peak-Ryzex, a value-added reseller of barcoding and data collection solutions to customers across North America, has acquired Bar Code Direct. The acquisition of Bar Code Direct adds to Peak’s ability to serve its expanding array of client segments and is […]
Conair Corporation Acquired By American Securities
Conair Corporation, a global leader in premium kitchen electrics appliances, non-electric kitchenware, personal care, grooming, health and beauty products, and American Securities LLC, a leading U.S. private equity firm, announced today that Conair has been acquired by affiliates of American Securities. Financial terms of the transaction were not disclosed. Certain members of the Rizzuto family […]
KKR Nears $3 Bln Deal To Buy ERM Group : Report
KKR & Co Inc. (KKR) is nearing a deal to buy ERM Group Inc. from its Canadian owners in a deal that potentially values the consultancy at as much as $3 billion, Bloomberg reported citing people familiar with the matter. According to the report. KKR is set to beat out rival bidders in a formal […]
Graphic Packaging Holding Company to acquire AR Packaging from CVC Funds for USD1.45bn in cash
Graphic Packaging Holding Company, (Graphic Packaging), a vertically-integrated provider of sustainable fibre-based consumer packaging solutions, is to acquire AR Packaging Group AB (AR Packaging), Europe’s second largest producer of fibre-based consumer packaging, from CVC Capital Partners Fund VI for approximately USD1.45 billion in cash, subject to customary adjustments. The combination enhances Graphic Packaging’s global scale, […]
Genstar Capital to acquire majority stake in Vector Solutions from Golden Gate Capital
Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries, is to acquire a majority ownership stake in Vector Solutions (Vector), a provider of industry-focused software solutions for training, risk management, workforce management and operational readiness. Genstar is acquiring Vector from Golden Gate Capital, […]
