Morrisons takeover: Apollo private equity group says it is considering bid
Shares in Morrisons jumped 11% after the private equity group Apollo said it was considering joining the battle to buy the UK supermarket chain. Apollo became the third potential suitor to declare an interest in Morrisons, announcing to the stock exchange on Monday that it was “in the preliminary stages of evaluating a possible offer […]
Waystone secures significant growth investment from Montagu Private Equity
Waystone, a provider of institutional governance, risk and compliance services to the asset management industry, has secured significant investment from Montagu Private Equity, a European private equity firm, to accelerate its global growth strategy. The investment represents a significant opportunity for Waystone to build upon its current expansion plans and continue to invest in […]
EQT Private Equity to sell Iver, one of the leading Nordic managed IT services providers
EQT is pleased to announce that the EQT Mid Market Europe fund (“EQT Private Equity”) has agreed to sell Iver Holding AB (“Iver” or the “Company”) to Intermediate Capital Group plc (“ICG”), a UK-based global alternative asset manager. Headquartered in Stockholm, Sweden, Iver offers full IT-outsourcing capabilities and focuses on high-growth areas such as multi-cloud, […]
Carlyle partners with Inova in EUR60m deal
Global investment firm Carlyle and Inova, a software provider for the biopharma industry, have announced a long-term funding partnership to accelerate growth, fund product innovation and M&A initiatives. Carlyle is investing EUR60 million and will become Inova’s largest shareholder under the deal, while Management and historic investor NextStage AM have reaffirmed their strong commitment. Headquartered […]
EQT Private Equity to sell Fertin Pharma to Philip Morris International
EQT is pleased to announce that the EQT Mid Market Europe fund (“EQT Private Equity”) has agreed to sell Fertin Pharma (the “Company”), a specialist CDMO in innovative oral and intra-oral delivery technologies, to Philip Morris International Inc. (“PMI”) for an enterprise value of DKK 5.1 billion. Headquartered in Vejle, Denmark, Fertin Pharma is a […]
Asia M&A bonanza fuelled by Southeast Asia, private equity deals
Asian merger and acquisition activity surged to its second-highest level ever for a first half as Southeast Asian and private-equity deals hit records, and bankers expect the strong momentum to be maintained for the rest of the year. Announced deals involving Asian companies came to $707.7 billion in January-June, up 75% from the same period […]
KKR partners with Crossover Energy to develop clean energy projects
Buyout firm KKR & Co Inc said on Tuesday it would exclusively partner with renewable energy consultant Crossover Energy Partners to develop solar and wind power projects and energy storage systems in North America. Private equity firms are making a new investment push into clean energy after President Joe Biden’s administration recommitted the United States […]
Ethos raising £1bn Sharia-compliant tech focused private equity fund
Ethos Invest has launched an ethical Sharia-compliant fund. Read on to find out more about the fund and which businesses it backs Ethos Invest has launched the world’s first Sharia-compliant tech focused private equity fund.The Financial Services & Technologies Fund is set to become the world’s largest fund of its kind, focusing on financial services […]
Jupiter Capital to launch $150 million Asian private equity fund
Jupiter Capital, a Bengaluru-based personal fairness and enterprise capital agency that primarily invests in know-how, media and associated startups, is about to launch a $150 million personal fairness fund focusing on Asian tech and client model firms. The J Capital Asia Fund I’ll look to put money into 30 small and midcap firms that want […]
Audax Private Equity Acquires S.J. Electro Systems
Audax Private Equity (“Audax”) and S.J. Electro Systems, Inc. (“SJE” or the “Company”), a leading manufacturer of control solutions for the water and wastewater industry, today announced the formation of a strategic partnership under which Audax acquired a majority stake in SJE. Terms of the transaction were not disclosed. SJE’s control solutions platform includes three […]
