Goldman Sachs to accelerate alternative investments in Japan
Goldman Sachs will expand investments in alternative assets like office buildings and data centers in Japan, consolidating various investment operations into a new merchant banking division capable of tackling a wide range of deals. As part of a global reorganization drive in its investment operations, the group is merging Goldman Sachs Japan’s principal investment division with […]
Partners Group Said Near Deal for BC’s Drugmaker Pharmathen
Partners Group Holding AG is nearing a deal to acquire European generic drugmaker Pharmathen SA from BC Partners for around 1.6 billion euros ($1.9 billion), according to people familiar with the matter. The buyout firms could announce an agreement in the coming days, the people said, asking not to be identified discussing confidential information. Partners Group preempted […]
Eurazeo to sell Intech stake to Montagu
Eurazeo’s Small-Mid Buyout team is to sell in majority stake in Intech, a global market leader in the manufacturing and development of orthopaedic surgical instruments, to Montagu Private Equity. The proposed sale is subject to US competition authority approval. Since its investment in 2017, Eurazeo has supported Intech by providing the human and financial resources […]
AEA Investors Weighs $3.5 billion Sale of Excelitas
AEA Investors is considering options for Excelitas Technologies Corp. including a sale that could value the laser and sensor manufacturer at more than $3.5 billion, according to people familiar with the matter. The private equity firm is working with advisers to look at strategic options for Waltham, Massachusetts-based Excelitas, said the people, who asked not to be identified […]
Partners Group reports total AuM of USD119bn as of 30 June 2021
Partners Group, a leading global private markets firm, received USD12.1 billion in new commitments from its global client base in H1 2021 (H1 2020: USD8.3 billion), bringing the firm’s total AuM to USD118.9 billion as of 30 June 2021 (31 December 2020: USD109.1 billion). During the same period, the firm committed USD13.1 billion to transformational […]
Partners Group, CVC Team Up to Rival Celanese for CeramTec
Buyout firms Partners Group Holding AG and CVC Capital Partners have teamed up against chemicals company Celanese Corp. in the bidding for German technical-ceramics maker CeramTec GmbH, according to people familiar with the matter. Owner BC Partners has called for next-round bids around July 19 and is seeking a valuation of at least 4 billion […]
Sydney Airport rejects $17bn bid as investors target infrastructure
Sydney Airport has rejected a $17bn takeover offer from a consortium of investors as it told shareholders it was set to capitalise on a rebound in air travel, underscoring a surge in interest in Australia’s infrastructure assets. The rejection of the takeover approach, one of the largest in Australian history, comes despite the country being […]
Tikehau Capital strengthens partnership with Augmentum Fintech
Augmentum Fintech, the UK’s only publicly listed investment company focusing on the fintech sector, and Tikehau Capital, the global alternative asset manager, have announced an enhanced partnership to promote further growth in the burgeoning European fintech sector. Covid-19 has been a catalyst for many fintech companies with an increasing demand from both consumers and businesses […]
Smiths Group mulling £2bn offer from US private equity firm for medical division
Smiths Group PLC, has received a £2.0bn takeover offer from US private equity firm TA Associates for its medical division, according to reports. Talks are understood to be at an advanced stage, the Mail on Sunday reported, citing “City sources”, although a price has yet to be agreed. Earlier in the year, the two groups failed to […]
Thoma Bravo to take Stamps.com private for $6 bln,
Stamps.com said on Friday private equity firm Thoma Bravo would take the e-commerce shipping solutions provider private for about $6 billion in cash, sending its shares nearly 64% higher. Stamps.com shareholders will receive $330 per share, according to the agreement, representing a premium of about 67% to the stock’s close on Thursday. The deal, expected […]
