Thoma Bravo Completes Acquisition of Proofpoint
Thoma Bravo, a leading software investment firm, and Proofpoint, Inc. (“Proofpoint), a leading cybersecurity and compliance company, today announced the completion of Thoma Bravo’s acquisition of Proofpoint for approximately $12.3 billion in cash. The acquisition was previously announced on April 26, 2021, and Proofpoint’s stockholders approved the transaction at the Special Meeting of Shareholders held […]
QTS Realty Trust Stockholders Approve Acquisition by Blackstone Funds
QTS Realty Trust (NYSE: QTS) (“QTS” or “the Company”) today announced that, at a Special Meeting of Stockholders held earlier today, QTS stockholders voted to approve the acquisition of QTS by affiliates of Blackstone Infrastructure Partners, Blackstone Real Estate Income Trust, Inc. and Blackstone Property Partners. “I thank our stockholders for their strong support of […]
KKR acquires New Zealand’s Ritchies Transport
Fresh from buying Spark Infrastructure (with Ontario Teachers’ Pension Plan), the global investment firm has snatched up a significant stake in the leading transportation business in New Zealand, buying into 86-year-old company Ritchies Transport. The companies have signed a definitive agreement. It is KKR’s first infrastructure investment in New Zealand. Ritchie’s has a fleet of […]
Medmen Enterprises Inc. Announce $100 Million Private Equity Investment And Tilray Inc. Acquires Stake in MedMen
Medmen Enterprises Inc. (OTCMKTS: MMNF) has announced that various investors, spearheaded by Serruya Private Equity, will purchase around $100 million worth of its units at $0.24 per unit. The company will use the $100 million raised from the Private Placement to expand operations in major markets such as Florida, Illinois, California, and Massachusetts and expedite […]
Mubadala joins consortium to take 47% stake in South Korean Botox maker
Mubadala Development Company, Abu Dhabi’s sovereign investment arm, and a group of other investors have bought a 46.9% stake in South Korean Botox maker Hugel. The consortium led by CBC Group, Asia’s largest healthcare investment company, signed a “definitive agreement” to acquire the stake in Hugel, which has a market capitalization of $2.5 billion, Mubadala […]
Blackstone in talks to buy Baring’s Interplex for at least $1 bln
Blackstone (BX.N) is in talks to acquire Interplex Holdings, a Singapore-based technological services provider owned by Baring Private Equity Asia (BPEA), in a deal worth at least $1 billion, according to two people with knowledge of the matter. Final negotiations could still take weeks and there is no certainty in a deal yet, said the […]
Goldman Sachs to acquire NN Investment Partners for $1.9bn
Goldman Sachs Group has agreed to buy the money-management operation of Dutch insurer NN Group for about $1.9bn (€1.6bn). The transaction is expected to close by the end of the first quarter of next year, subject to regulatory approvals. Netherlands-based NN Investment Partners has $355bn in assets under the supervision and approximately $70bn in assets […]
Blackstone Reportedly in Talks to Buy Singapore’s Interplex for $1B
Blackstone Inc. is in advanced talks to acquire Singaporean precision components business Interplex for about $1 billion, according to people familiar with the matter.The U.S. buyout firm is hammering out the details of a transaction with owner Baring Private Equity Asia, the people said, asking not to be identified because the matter is private. Blackstone has emerged as […]
Wall Street major Blackstone in exclusive talks to acquire majority stake in ASK Group
US-based private equity (PE) firm Blackstone is reportedly in exclusive talks to buy a majority stake in asset and wealth management company ASK Group, which is backed by rival PE player Advent International. The proposed transaction will value the ASK Group at around $1 billion. After the submission of binding bids by several suitors, Blackstone […]
CVC Capital Completes $700M Purchase of RiverStone Europe from Fairfax and appoints Chair
CVC Capital Partners (CVC) funds have completed the acquisition of RiverStone Europe from Fairfax Financial Holdings Limited (Fairfax) and OMERS, the pension plan for Ontario’s municipal employees. The RiverStone Europe Group will now operate under the name RiverStone International. The purchase price of the acquisition is approximately US$700 million. Fairfax also will be entitled to […]
