Appian raises $775m for its second private equity mining fund
London-based firm taps interest in hard assets in rare foray by a financial group into sector. London-based private equity group Appian Capital Advisory has raised $775m for its second mining fund, as it taps into a wave of investor interest in hard assets and efforts to combat climate change. After a decade in the wilderness, […]
Spectrum, CVC in Advanced Talks on $2 Billion Conair Deal
Companies seek to finalize agreement in coming weeks. Transaction would add to string of home-appliance acquisitions. Spectrum Brands Holdings Inc. and private equity firm CVC Capital Partners are in advanced talks to acquire hair-dryer maker Conair Corp., according to people with knowledge of the matter. The deal could value Stamford, Connecticut-based Conair at about $2 […]
Carlyle, Hikaru Shimura to Acquire 100% Stake in Japan’s X-ray Technology Company Rigaku
Carlyle, with USD 230bn in total AUM, plans to expand the reach of the X-ray technology company at the global level and prepare it for an IPO. The Carlyle Group Inc, a Washington-based global investment firm, along with Hikaru Shimura, President and CEO of Rigaku Corp, a Tokyo-based specialized in X-ray related technologies company, agreed […]
Apollo Is in Advanced Talks to Buy Orbia’s Vinyl Unit
Transaction would value chemical maker at $2 billion or more. Buyout firm deal could be announced as soon as this month. Apollo Global Management Inc. is nearing a deal to buy the vinyl business of Orbia Advance Corporation SAB de CV, the conglomerate formerly known as Mexichem, according to people with knowledge of the matter. […]
Nintendo Founder’s Family Office Joins Japan Systems Takeover Race
Yamauchi No. 10 Family Office backs move to take firm private. Japan Systems executives are countering Longreach Group offer. The family office of the Nintendo Co. founder is backing plans by senior executives at Japan Systems Co. to take the software company private, countering a takeover offer from a Hong Kong-based investment firm, according to […]
Lone Star pulls £3bn Quintain sale
Disposal of owner of Wembley Park shelved against backdrop of third UK lockdown US private equity group Lone Star has shelved the £3bn sale of its UK residential property company Quintain, blaming the worsening coronavirus situation. Formal bids for Quintain, which owns the Wembley Park development site, were due to be submitted later this month […]
PE deal volume expected to rise in 2021; more pricing certainty anticipated
Private equity managers are optimistic about deal-making and exit activity in 2021 and are gearing up to spend unallocated capital after a 2020 second quarter jolt and the subsequent onset of recovery. The second half of 2020 has shown that deal-making will continue, Dechert LLP private equity partner Ross Allardice said in an interview. There […]
PE-backed Vision Innovation Partners acquires Eyes of York
Vision Innovation Partners, which is backed by Centre Partners, a middle-market private equity firm focused on the healthcare and consumer sectors, has acquired Eyes of York, an ophthalmology practice in York, Pennsylvania. The acquisition further strengthens Vision Innovation Partners’ presence in the southern Pennsylvania market and expands its growing network of ophthalmology practices and ambulatory […]
SageWind portfolio company QuantiTech acquires Systems Engineering Group
QuantiTech, a portfolio company of Sagewind Capital (Sagewind), has acquired Systems Engineering Group, (SEG) from Griffon Corporation. Financial terms of the transaction have not been disclosed. Headquartered in Columbia, Maryland, SEG is a leading provider of threat engineering and modeling and simulation services to the US Government, primarily supporting the Naval Surface Warfare Center, Missile […]
Mayfair Equity Partners backs Seraphine in buy-out from Bridgepoint Growth
Mayfair Equity Partners (Mayfair), a leading tech and consumer growth investor, has backed the management buy-out of Seraphine, a maternity and nursing brand, which values the company at around GBP50 million. Mayfair, along with management, has acquired the company from Bridgepoint Growth and entrepreneur founder Cécile Reinaud. Launched in 2002 as a boutique store in […]
