Ropes & Gray advises Oak Hill and Scottish Equity Partners on sale of Pulsant to Antin Infrastructure Partners
Ropes & Gray has advised Pulsant, one of the leading nationwide providers of data centre and cloud infrastructure in the UK, on its sale from Oak Hill Capital and Scottish Equity Partners to Antin Infrastructure Partners. Pulsant owns and operates a portfolio of ten data centres across seven cities in the UK. It provides essential […]
Blackstone takes minority stake in private equity manager GTCR
Blackstone Group acquired a minority stake in private equity firm GTCR, a joint release from both firms said Tuesday. Blackstone acquired the ownership stake through its Blackstone Strategic Capital Holdings GP stakes business, which “specializes in value-added, long-term partnerships” with private market alternatives managers, the release said. GTCR’s strategy focuses on investment in growth companies […]
Thoma Bravo to take software firm Medallia private for $6.4 bln
Enterprise software firm Medallia Inc (MDLA.N) said on Monday private equity firm Thoma Bravo would take the company private for $6.4 billion in cash. Medallia shareholders will receive $34 per share in cash, a premium of nearly 20% to the stock’s close on June 10, the last trading day before media reports that the San-Francisco […]
Kraken Resources II receives $400m equity commitment
Kraken Resources II (Kraken II) has received an equity commitment in excess of $400 million from funds managed by Kayne Anderson Capital Advisors (Kayne Anderson), including Kayne Anderson Energy Fund VIII (KAEF VIII) and Kayne Private Energy Income Fund II (KPEIF II), along with Kraken II’s management team. Headquartered in Houston, Texas, Kraken II is […]
Eurazeo private debt programme reaches EUR2bn with final close of fifth direct lending fund
Eurazeo has held the final close of Idinvest Private Debt V, its fifth direct lending fund, at EUR1.5 billion, ahead of its initial EUR1.2 billion target. Along with the Group’s EUR500 million in private debt funds and investment mandates, its current private debt programme now totals EUR2.0 billion. Building on the solid track record of […]
Apex supports Integral Group with fourth buyout fund
Apex Group Ltd (Apex) has supported long-standing client Integral Group (Integral), a Tokyo-based private equity group, in the successful raising of Integral Fund IV, which has held its final closing at its hard cap of JPY123.8 billion. Apex has been appointed to provide fund administration and regulatory services to Integral’s Fund IV Cayman LP, further […]
Tikehau Capital surpasses target with EUR617m final close for second vintage of European Special Opportunities strategy
Tikehau Capital, the global alternative asset management group, has held the final close of Tikehau Special Opportunities Fund II (TSO II) with total commitments of EUR617 million. TSO II, which had an initial target of EUR500 million, is the second vintage of Tikehau Capital’s Special Opportunities strategy and is more than four times larger than […]
MPs turn their fire on director over LV= sale to private equity
MPs opposed to the demutualisation of LV= have turned their fire on one of its non-executive directors, saying it is “a little odd” that Alison Hutchinson should be pushing through the sell-off while playing a key role in another big mutual, Yorkshire Building Society. Gareth Thomas, chairman of the all-party group for mutuals, has written […]
White & Case advises Carlyle Group on LiveU acquisition
Global law firm White & Case LLP has advised The Carlyle Group on its acquisition of LiveU from Francisco Partners. “Our team helped to successfully navigate this strategic investment, which will enable Carlyle to continue to support the growth of media tech companies and LiveU to reach new customers,” says White & Case partner Ken […]
Carlyle seeks to raise as much as $27 bln for latest flagship fund
Private equity firm Carlyle Group Inc (CG.O) is looking to raise as much as $27 billion for its latest flagship fund, Bloomberg News reported on Thursday. The firm is in discussions with investors about the size of the fund, according to the report, citing people familiar with the matter. The fund would be 46% larger […]
