Kaman to be Acquired by Arcline for $1.8 Billion

Arcline acquires KAMAN, in an all-cash transaction with a total enterprise value of approximately $1.8 billion. KAMAN will become a a private held company, upon completion of the transaction. Arcline is a growth-oriented private equity firm with deep experience investing in technology-driven, meaningful-to-the-world industrial businesses. “Following robust engagement with Arcline and careful evaluation of other […]

BlackRock bets on infrastructure in $12.5bn deal

BlackRock has agreed to acquire Global Infrastructure Partners, a New York City-based infrastructure fund manager, in a $12.5 billion cash-and-stock deal. The GIP management team, led by Bayo Ogunlesi and four of its founding partners, will lead the combined infrastructure platform. BlackRock has also agreed to appoint Bayo Ogunlesi, GIP founding partner, chairman and CEO […]

Blackstone commits up to $359m to acquire majority stake in R Systems

Private equity funds managed by Blackstone have signed definitive agreements with Satinder Singh Rekhi and other current promoters to purchase a majority stake in R Systems International Limited (R Systems) for up to $359 million. R System’s revenue for the last twelve months, as of September 30, 2022, was ~$189 million, representing year-on-year growth of […]

Centerbridge and Bridgeport complete $1.6B CSI acquisition

Private equity firms Centerbridge Partners (Centerbridge) and Bridgeport Partners (Bridgeport), have completed their acquisition of Computer Services, Inc (CSI), a provider of end-to-end fintech and regtech solutions, for $1.6 billion. The acquisition, which was previously announced on 22 August, 2022, closed in an all-cash transaction with a purchase price of $58.00 per share. CSI’s shareholders […]

Bain Capital to acquire Japanese clothing firm Mash Holdings for $1.4B

Bain Capital has agreed a JPY100 billion ($1.4bn) deal to acquire Japanese apparel maker Mash Holdings in one of the largest private equity deals in the country’s fashion industry, according to a report by Nikkei. Bain Capital will reportedly acquire 100% of Mash’s shares, including those of founder and President Hiroyuki Kondo who will remain […]

BlackRock to acquire Jupiter Power from EnCap Investments

BlackRock Alternatives (BlackRock), through a fund managed by its Diversified Infrastructure business, has agreed to acquire Jupiter Power (Jupiter), a US operator and developer of stand-alone, utility-scale battery energy storage systems. EnCap Energy Transition Fund I (EETF I) and co-investment partners Yorktown Partners and Mercuria Energy are selling Jupiter, and the transaction is expected to […]

Apax, TA, Carlyle make shortlist to acquire 40% Quest Global stake for $1B

Three private equity investors – Apax Partners, TA Associates and Carlyle – have made the shortlist to acquire a significant minority stake in Singapore-based engineering outsourcing firm Quest Global in a $1 billion deal that could value the business at around $2.5 billion. And the report cites unnamed sources as revealing that other PE funds […]

KKR to acquire Albioma for €485m

KKR & Co has made an offer to buy Albioma SA, an independent renewable energy producer in France, for €485 million. CDPQ, the main lender in the transaction, alongside other commercial lenders and banks, has provided the acquisition financing to support the tender offer. Albioma SA operates over 1 GW of installed capacity around the […]

Marathon Oil acquires Warburg Pincus-backed Ensign Natural Resources for $3B

Ensign Natural Resources (Ensign), an exploration and production company operating in the Eagle Ford Shale in South Texas, formed in 2017 in partnership with Warburg Pincus, is selling its assets to Marathon Oil, for a total cash consideration of $3.0 billion, including closing adjustments. Warburg Pincus has invested in energy companies for over thirty years, […]

Carlyle-backed Copia Power merges with Birch Infrastructure

Copia Power (Copia) has completed a strategic merger with Birch Infrastructure’s (Birch) renewable energy business, building on a multi-year partnership between the two firms. Copia is a renewable development platform formed in 2021 by global investment firm Carlyle (NASDAQ: CG) to develop and operate large-scale renewable energy projects and seek to play a significant role […]