Private equity buys into Italian fintech TAS Group, launches bid

Italian fintech company TAS Group said on Thursday a vehicle controlled by European private equity firm Gilde would launch a takeover bid for its shares at 2.2 euros each after taking control of its top shareholder. Gilde Buy Out Partners aims to delist TAS Group from the Milan Stock Exchange. It agreed to acquire OWL, […]

EQT Private Equity and Vitruvian Partners announce significant investment in CFC

EQT Private Equity has agreed to make a significant investment together with Vitruvian Partners in CFC, a leading technology-driven global insurance busines. CFC is a specialist insurance provider, pioneer in emerging risk and market leader in cyber, serving more than 100,000 businesses in over 90 countries. EQT Private Equity and Vitruvian Partners will support CFC’s […]

PwC is Selling Its Mobility Tax Consultancy for $2.2 Billion

One firm’s regulatory crunch is a private equity firm’s lunch. PwC agreed Tuesday to sell its mobility consulting division to US PE firm PwC agreed Tuesday to sell its mobility consulting division to US PE firm Clayton, Dubilier & Rice (CD&R) for $2.2 billion. It’s the latest disposal by one of the major consultancies, which […]

Private Equity Firms Circle GlaxoSmithKline’s $54 Billion Consumer Arm

GlaxoSmithKline Plc’s consumer unit is drawing interest from private equity firms in what could lead to the biggest buyout of all time, people with knowledge of the matter said. The drugmaker’s advisers are informally fielding interest in the operations alongside preparations for a listing, the people said, asking not to be identified because the information […]

Private Equity Funds, Sensing Profit in Tumult, Are Propping Up Oil

These secretive investment companies have pumped billions of dollars into fossil fuel projects, buying up offshore platforms, building new pipelines and extending lifelines to coal power plants. As the oil and gas industry faces upheaval amid global price gyrations and catastrophic climate change, private equity firms — a class of investors with a hyper focus […]

Warburg Pincus invests in Tiptree’s Fortegra

Tiptree has secured a $200 million strategic investment in its insurance subsidiary, The Fortegra Group (Fortegra) from Warburg Pincus. The investment will give Warburg Pincus an approximate 24 per cent ownership in Fortegra on a fully diluted basis and is expected to close in the first quarter 2022. This transaction highlights the underlying intrinsic value […]

Warburg Pincus makes $170m investment in Bond Vet

Bond Vet, a design-forward, tech-enabled brand of veterinary care clinics in New York, has secured a $170 million investment from growth investor Warburg Pincus. The funding will be used to expand Bond Vet’s footprint and invest in equipment, training, culture and technology to further improve the clinical experience for veterinarians, pets and pet parents alike. […]

TA Associates to acquire a significant stake in Partners Group-owned Foncia

Partners Group, global private markets firm, is expanding the shareholder base of Foncia, a provider of residential property management services in Europe. Incoming shareholder TA Associates has agreed to acquire a 25 per cent stake in the business, while Partners Group will continue to hold a majority stake in the Company on behalf of its […]

Edmond de Rothschild’s Bridge V exceeds €1.2bn

Edmond de Rothschild Asset Management has already reached its target to match the successful previous fund raising for its infrastructure debt platform, the fifth vintage having raised to date more than €1.2 billion. Launched in 2014 with €400 million, BRIDGE is now nearing €4 billion of capital raised. BRIDGE V is still fundraising and is […]