BlackRock Real Assets buys stake in Australian EV charging provider JOLT Charge
BlackRock Real Assets, the realty investment arm of global asset manager BlackRock, has acquired an equity stake in Australian electric vehicle charging provider JOLT Charge, according to an announcement. This marks the first investment in the EV charging sector by BlackRock Real Assets in the APAC region from its latest Global Renewable Power strategy. The […]
Spark accepts $5.2bn takeover bid from American consortium
Australian electricity network owner Spark Infrastructure has accepted a $5.2 billion takeover bid from a North American consortium led by private equity giant Kohlberg Kravis Roberts & Co. On Monday, Spark Infrastructure announced the finalisation of its takeover by a North American consortium, comprised of Kohlberg Kravis Roberts & Co, Ontario Teachers’ Pension Plan Board, […]
LeapFrog acquires 16.94% stake in Fidelity Bank Ghana Limited
LeapFrog Investments, a Profit with Purpose investment firm, has acquired a 16.94 per cent stake in Ghana’s largest privately-owned bank, Fidelity Bank Ghana Limited from Amethis, an investment fund manager dedicated to the African continent, and Edmond de Rothschild Equity Strategies (ERES), a mid-cap growth and buy-out franchise affiliated with the Edmond de Rothschild Group, […]
Sainsbury’s could be next in line for private equity interest
With Morrisons already in a bidding war, UK supermarkets are attracting returns-hungry investors Sainsbury’s could be on the shopping list of private equity outfits as the race to buy Morrisons highlights the attractiveness of the big supermarket chains to investors. Last week the buyout firm Clayton, Dubilier & Rice (CD&R) won the backing of the Morrisons board for its […]
BC Partners-owned United Group to acquire Greek telecoms operator Wind Hellas
United Group, a provider of telecommunications services and media in Southeast Europe, has reached an agreement with Crystal Almond Holdings Limited to acquire Greek telecoms operator Wind Hellas, one of the country’s three mobile operators. Wind has a total of 4.2 million users and offers mobile, fixed, internet, and television services. It generates revenues in […]
Morrisons agrees to £7bn takeover deal by US equity group CD&R
Morrisons (MRW.L) has agreed to a £7bn ($9.5bn) takeover by US private equity group Clayton, Dubilier & Rice (CD&R), which upped its bid for the supermarket chain, taking on rival suitor Fortress Investment Group. Morrisons’ share price surged 4.5% on Friday morning. Earlier, CD&R had made an offer of 230p a share, which valued Morrisons […]
HIG Capital acquires Pegasus Home Fashions
An affiliate of HIG Capital (HIG), a global alternative investment firm with $45 billion of equity capital under management, has completed the acquisition of Pegasus Home Fashions (Pegasus). Founded in 1990 and headquartered in Elizabeth, NJ, Pegasus is one of the country’s largest and fastest growing poly-filled pillow manufacturers with several manufacturing facilities located throughout […]
Inovalon Nears Sale to Nordic Capital and Insight Partners
Nordic Capital and Insight Partners agreed to buy health-care software company Inovalon Holdings Inc. in a deal valuing the company at $6.4 billion. Inovalon investors will get $41 per share in cash, the company said in a statement on Thursday, confirming an earlier Bloomberg News report. Inovalon Chief Executive Officer Keith Dunleavy, 22C Capital and other stockholders also joined the consortium. The deal is […]
HIG Capital acquires Pegasus Home Fashions
An affiliate of HIG Capital (HIG), a global alternative investment firm with USD45 billion of equity capital under management, has completed the acquisition of Pegasus Home Fashions (Pegasus). Founded in 1990 and headquartered in Elizabeth, NJ, Pegasus is one of the country’s largest and fastest growing poly-filled pillow manufacturers with several manufacturing facilities located throughout […]
Riverside adds 12th add-on to CertaSite platform
The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in Premier Electronics (Premier). Based in Michigan, Premier provides fire and life safety system inspections, repairs, maintenance and installations for retrofits and new construction. The investment is an add-on to Riverside’s CertaSite platform, a fire and life […]
