Events group Hyve in talks with Carlyle about £250m PIPE dream
One of the London stock market’s largest exhibition groups is in talks about a big capital injection that would further underline an ongoing frenzy of private equity interest in UK plc. Sky News has learnt that Hyve Group is in preliminary discussions with Carlyle about a so-called private investment in public equity – or PIPE […]
MSA Safety acquires Alle-Kiski Valley-based Bacharach in $337M deal
Global safety equipment maker MSA Safety is expanding its gas detection business with the $337 million acquisition of Alle-Kiski Valley-based Bacharach, the companies announced. MSA, headquartered in Cranberry, plans to complete the acquisition of Bacharach and its affiliated companies from FFL Partners, a San Francisco-based private equity firm, in early July. When asked how the acquisition might affect […]
Senior rebuffs £700m takeover offer from Lone Star
Senior, the aerospace and defence company, has become the latest British company to attract the attentions of a private equity buyer. Shares in the FTSE 250 group soared on Friday after US-based Lone Star Global Acquisitions revealed that the company had rejected an all-cash takeover proposal valuing Senior at £738m. Lone Star’s investment vehicle, LSF […]
CPPIB Is Close to Deal for Wireless-Network Firm Mobilitie
Canada Pension Plan Investment Board is nearing a deal to buy U.S. wireless-solutions provider Mobilitie, bolstering its digital-infrastructure investing efforts, according to people with knowledge with the matter. The pension fund has so far outbid other suitors, including private equity firms, for Mobilitie, which bills itself as the largest closely held telecommunications-infrastructure company in the U.S., the […]
Nordic Capital sells remaining Nordnet shares
Nordic Capital has sold its remaining shares in Nordnet, a pan-Nordic digital savings and investments platform. Under Nordic Capital’s ownership, and in close partnership with the founding Öhman Group, Nordnet underwent significant transformative change and now offers a best-in-class customer experience in the digital savings industry with sustainable growth potential. In November 2020, Nordnet was […]
KKR Makes $55 Million Investment in eSSENTIAL Accessibility
KKR today announced a $55 million investment in eSSENTIAL Accessibility (“eA” or the “Company”), the pioneering provider of Accessibility-as-a-Service. As the digital divide for people with disabilities expands and the number of companies facing Americans with Disabilities Act (ADA)-related litigation continues to skyrocket, eA’s digital accessibility platform addresses the growing demand for a comprehensive, sustainable solution. “As our […]
Temasek-backed Flywire valued at $3.4 bln in U.S. market debut
Temasek Holdings-backed payments firm Flywire Corp (FLYW.O) was valued at $3.39 billion in its Nasdaq debut on Wednesday, 239% higher from its valuation after a funding round in February last year, according to data from Pitchbook. The company’s shares opened at $34 each, up from the initial public offering price of $24 apiece. Flywire, founded […]
Thoma Bravo acquires Greenphire
Thoma Bravo, has reached an agreement to acquire Greenphire, the global leader in financial lifecycle management software for clinical trials, from The Riverside Company. The deal, which is subject to customary regulatory approvals, is expected to close in the second quarter of this year. Jim Murphy, CEO of Greenphire, will continue to lead the company […]
Warburg Pincus invests in NetDocuments
NetDocuments, a secure cloud-based content services and productivity platform for law firms, corporate legal teams, and compliance departments, has secured a significant investment from Warburg Pincus, along with existing investor Cove Hill Partners. Warburg Pincus’ investment alongside Cove Hill will support the Company’s continued rapid growth and innovation. Terms of the transaction were not disclosed. […]
NBA Africa Valued at $1 Billion With Watsa, Mutombo Backing
The National Basketball Association Inc. is expanding in Africa through a deal that values its operations on the continent at $1 billion. Private equity firm Helios Fairfax Partners Corp. invested in the new African entity alongside Tunde Folawiyo, chairman of Yinka Folawiyo Group, the NBA said in a statement on Monday. Former NBA players Dikembe Mutombo, Junior […]
