EQT Infrastructure acquires Meine Radiologie and Blikk
EQT Infrastructure has agreed to acquire Meine Radiologie Holding (Meine Radiologie) from Triton Partners and Blikk Holding (Blikk) from DBAG Fund VII, a private equity fund advised by Deutsche Beteiligungs AG (DBAG). DBAG will remain a minority shareholder in the combined group given its experience supporting Blikk and high conviction in the long-term attractiveness of […]
Vista Equity Partners Expands Leadership with Seasoned Private Equity Executive
Industry Veteran Shelby Wanstrath to Lead Corporate Growth Initiatives to Accelerate New Product Development and Strategic Partnerships Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced that it is expanding its senior team with the appointment of Shelby Wanstrath as Managing Director, Corporate Growth […]
Indian realty attracts $2.7 billion private equity investments in January-June
Private equity investment inflows into the Indian real estate sector stood at $2.7 billion during the first half of 2021 as investors’ confidence remained intact despite the pandemic-induced slowdown, showed a report from property consultant Savills India. This inflow is equivalent to 41 per cent of the investment that the sector saw in the entire […]
Clayton, Dubilier & Rice Exits Investment in Water Treatment Leader Solenis
Clayton, Dubilier & Rice (“CD&R”) today announced an agreement under which its portfolio company, Solenis, will be acquired by Platinum Equity. The transaction, expected to close before the end of 2021, implies an enterprise value for Solenis of $5.25 billion. CD&R and Solenis management currently collectively own 51% of Solenis, and chemical company BASF holds […]
Rimkus Consulting Group, Inc. Acquires Blackstone Consulting LLC
Rimkus Consulting Group, Inc. (“Rimkus”), a worldwide provider of forensic engineering and technical consulting services, today announced the acquisition of Blackstone Consulting LLC (“Blackstone”), a leading consultant for evaluating risks associated with real estate investments. The acquisition expands Rimkus’ due diligence Property Condition and Environmental Assessment capabilities and expands its seismic risk and construction consulting […]
Eurazeo to sell stake in Grandir
Eurazeo has entered into exclusive negotiations with the French infrastructure investor InfraVia for the sale of its 41 per cent stake in Grandir, an operator of nurseries and schools in France, Europe and North America. The closing of the deal is expected in the coming months. Through the sale of its Grandir stake, Eurazeo is […]
U.S. IPO market a danger zone for Chinese firms after Beijing crackdown
China’s stepped-up scrutiny of overseas listings by its companies and a clampdown on ride-hailing giant Didi Global Inc (DIDI.N) soon after its debut in New York have darkened the outlook for listings in the United States, bankers and investors said. On Tuesday Beijing said it would strengthen supervision of all Chinese firms listed offshore and […]
Philip Morris buys respiratory drugs company Vectura for £1bn
Philip Morris International, one of the world’s largest tobacco companies and the owner of Marlboro cigarettes, has agreed to buy the FTSE 250 respiratory drugs company Vectura for £1 billion. The cash offer, which has been recommended by Vectura’s board, values the company at 150p per share, a 10 per cent premium to the cash […]
Private-equity firms battle to buy Morrisons
Investors are clamouring to buy Britain’s fourth-largest supermarket group Sir ken morrison took over his father’s market stalls in Bradford in 1952, 53 years after they started selling eggs and butter. Soon he was running one grocery shop, and then many. In 1967 Morrisons went public, in a share offering that was 174 times oversubscribed. […]
EQT Private Equity to sell Igenomix to Vitrolife for an enterprise value of EUR 1.25 billion
EQT is pleased to announce that the EQT VIII fund (“EQT Private Equity”) has agreed to sell Igenomix (or “the Company”) to Vitrolife AB publ (“Vitrolife”), The enterprise value amounts to EUR 1.25 billion and will be funded in a mix of upfront cash and newly issued shares directed to EQT and the partnering minority […]
