EQT Infrastructure to acquire Cypress Creek Renewables
EQT is pleased to announce that the EQT Infrastructure V fund (“EQT Infrastructure”) has agreed to acquire Cypress Creek Renewables (“Cypress Creek” or the “Company”), a leading vertically integrated renewable energy platform, from certain funds managed by HPS Investment Partners, LLC (“HPS”) and Temasek. One of the leading solar and storage energy companies, Cypress Creek […]
QAD Acquired for $2 Billion
Software company QAD Inc., which has occupied a campus up off Ortega Hill Road near Summerland for many years, was acquired by private equity investor Thoma Bravo for $2 billion, the companies announced on June 28. QAD founder and president Pamela Lopker called the deal the company’s “next chapter of growth.” She said, “Since QAD’s […]
EQT Buys Pro Unlimited from Harvest Partners and Investcorp
EQT has, through its EQT IX fund, agreed to acquire Pro Unlimited Global Solutions Inc., a provider of contingent workforce management services, from funds managed by Harvest Partners LP and its affiliates and Investcorp. Following the close of the transaction, EQT Private Equity will be the majority shareholder and the existing Pro Unlimited management team will continue to operate the business. […]
J.P. Morgan Asset Management’s Acquisition of Campbell Global
J.P. Morgan Asset Management completed its acquisition of Campbell Global from BrightSphere Investment Group. The transaction is being done in an effort to directly impact the transition to a low-carbon economy and provide ESG-minded investment opportunities related to climate, conservation and biodiversity. Campbell Global is a Forest Management and Timberland Investing company. The transaction is expected to close in the third […]
Cinven to create pet care platform in Italy through combination of Arcaplanet and Maxi Zoo Italia
Cinven, has signed an agreement to acquire a majority stake in Arcaplanet, a pet care retail chain in Italy, from funds advised by Permira and Winch Capital Partners. As part of the transaction, Cinven and Arcaplanet will jointly acquire Maxi Zoo Italia, the third largest pet care operator in the Italian market, and a subsidiary […]
DCP Capital-Led Group Takes China’s 51job Private for $5.3B
An investor group led by DCP Capital Partners agreed to take 51job Inc. private in a transaction valuing the Chinese recruitment firm at about $5.7 billion. The consortium, which also includes buyout firm Ocean Link Partners and 51job co-founder and Chief Executive Officer Rick Yan, reached a deal to buy the New York-listed company for $79.05 cash per American depositary share, according […]
Clearlake & TA Associates-Backed Precisely to Acquire Winshuttle
Precisely, the global leader in data integrity software, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and TA Associates, today announced a definitive agreement to acquire process automation and master data management software provider Winshuttle from Symphony Technology Group (“STG”). The announcement follows the completion of Precisely’s acquisition of data governance software provider Infogix […]
Ackman’s Spac buys 10% of Universal Music for $4bn
A blank-cheque company backed by hedge fund billionaire Bill Ackman is to buy a 10 per cent stake in Universal Music Group, Taylor Swift’s label, for $4bn, it confirmed on Sunday. As part of the transaction, a first of its kind for a special acquisition company, Pershing Square Tontine Holdings, Ackman’s investment vehicle, will distribute […]
Dubin Clark’s AWHAP acquires Temperature Control
Affordable Water Heaters and Plumbing (AWHAP), a portfolio company of private equity firm Dubin Clark, has completed the acquisition of Temperature Control, Inc. Financial terms of the transaction have not been disclosed. AWHAP, headquartered in Valencia, California, is a leading in-home provider of water heater and plumbing services, including same-day water heater replacement, repair and […]
Inflexion acquires cloud specialist ANS
Inflexion has acquired ANS, a provider of digital transformation and cloud managed services. ANS and existing Inflexion investment UKFast will be brought together under one parent group to address the rapid market growth opportunity for digital and cloud services. The group will combine ANS’s public cloud, DevOps, applications and data expertise with UKFast’s leadership in […]
