Dentons advises Alpha Private Equity on the sale of the ready-to-wear brand Cyrillus to MGA Paris and Alandia Industries
Dentons has advised Alpha Private Equity on the sale of the French ready-to-wear brand Cyrillus to MGA Paris and the turnaround fund Alandia Industries. Alpha Private Equity is an independent pan-European private equity firm with offices in France, the Benelux, Germany and Italy. Alpha invests in buy-outs across continental Europe. MGA Paris is a holding […]
Kirkland taps Baker Botts private equity co-head for new Austin office
One month after launching in Austin, Kirkland & Ellis is expanding its private equity offerings there with the addition of a senior dealmaker from Baker Botts. John Kaercher is joining Kirkland as a partner after serving as a co-chair of Baker Botts’ private equity pillar, his new firm announced Thursday. In addition to advising a […]
Blackstone Agrees to Buy U.K.’s St. Modwen for $1.7 Billion
Blackstone Group Inc. has confirmed it will offer 1.2 billion pounds ($1.7 billion) to buy St. Modwen Properties Plc despite opposition from a shareholder insisting the price is too low. A deal would swell the private equity giant’s vast U.K.’s warehouse portfolio, adding land for future development. Blackstone is offering 542p per share in cash, […]
Novo Holdings co-leads oversubscribed CHF100m Series C in Numab Therapeutics
Novo Holdings has co-led an oversubscribed CHF100 million (approximately USD110 million) Series C financing in Numab Therapeutics AG (Numab) alongside HBM Partners, with participation from new investors Forbion via its Forbion Growth Opportunities Fund, Cormorant Asset Management, BVF Partners, RTW Investments, fund and accounts under the management of BlackRock, Octagon Capital Advisors, and existing investors. […]
Fintech firm StudentFinance.com secures USD5.3m to reshape education financing globally with ISAs
StudentFinance.com, a fintech company building the technology and data infrastructure to enable education providers globally to offer Income Share Agreements (ISAs), has secured a USD5.3 million (EUR4.5 million) seed round co-led by Giant Ventures and Armilar Venture Partners, with the intention to expand its operation into the UK later this year. Existing investors Mustard Seed […]
KKR snaps up UK infrastructure investor John Laing in £2bn deal
The deal is the latest in a series of take-private transactions targeting UK-listed businesses as private equity firms look to snap up cheap businesses on the London stock market The private-equity firm KKR has agreed to buy the UK infrastructure investor John Laing, which has stakes in Alder Hey children’s hospital in Liverpool and a […]
Inter Milan close to €275m bailout by private equity firm Oaktree
Inter Milan is said to be closing in on a €275m (£237m) bailout by US private equity firm Oaktree Capital to shore up its finances following the collapse of the European Super League. As part of the deal, Oaktree would take a 30 per cent stake in the Italian football team and provide a much-needed […]
IPO market drives digital deal growth
Companies in the digital, media and internet sectors have taken advantage of the open public markets, with no fewer than 18 IPOs completed in the first quarter of 2021, up from just one the previous year, according to research from global investment bank GCA Altium. The global trend of listings has been headlined by food […]
Private Equity Firm to take majority stake in PTSG
A majority stake in specialist services provider Premier Technical Services Group (PTSG) is set to be acquired by private equity firm Warburg Pincus. The investor has entered an agreement with Macquarie Capital Principal Finance to jointly acquire a majority stake in the Castleford-headquartered company. PTSG is a provider of niche specialist services to the construction […]
Kenyan private equity firm Ascent raises $100 mln in second fund
Kenya-based private equity manager, Ascent Capital, has just raised more than $100 million in a second fund, it said on Tuesday, to invest in small and medium enterprises in East Africa. Ascent, which was among several new private equity firms established in the past decade to take advantage of growing popularity of the asset class […]
