Nordic Capital partners with Qred
Nordic Capital Evolution has signed an agreement to invest in the fintech company Qred. The investment will be made in partnership with Qred’s management and founders, with the goal of continuing to significantly expand the business across Europe together. Since its inception in 2015, Qred has been a provider of financing and payment services to […]
Apax Funds and Warburg Pincus to acquire T-Mobile Netherlands in EUR5.1bn deal
Funds advised by private equity firm Apax Partners (Apax) and global growth investor Warburg Pincus, have agreed to acquire T-Mobile Netherlands Holding from Deutsche Telekom AG and Tele2 AB. The transaction values the company at an Enterprise Value of EUR5.1bn. T-Mobile operates four brands – T-Mobile, Tele2, Ben, and Simpel. Under the current management team, […]
KKR announces USD40m investment in Jet Edge International
KKR, has agreed to invest USD40 million in preferred equity in Jet Edge International (Jet Edge), an Ohio-based specialist in full-service private aviation responsible for operating the largest fleet of Challenger and Gulfstream aircraft available for charter in the United States. KKR is making the investment in Jet Edge through its credit funds and accounts […]
Biggest Abu Dhabi Wealth Fund Expands Foray Into Private Markets
The Abu Dhabi Investment Authority is giving itself more room to invest in private markets after a record year of dealmaking for its buyout division during the pandemic. The emirate’s biggest sovereign wealth fund, which oversees assets estimated at $686 billion, has raised its target allocation range for private equity and infrastructure, according to its 2020 annual review released […]
KKR Weighs Counterbid for Online Pet Store Zooplus
KKR & Co. is considering a counteroffer for Zooplus AG, in another potential challenge to Hellman & Friedman’s 2.8 billion-euro ($3.3 billion) bid for the German online pet supply retailer, people with knowledge of the matter said. The New York-based buyout firm has held talks with Zooplus about a potential deal, the people said, asking not to be […]
Cinven to snap up £2bn wealth management platform True Potential
Cinven, the private equity firm, is close to wrapping up a takeover of True Potential, a wealth management platform which works with a fifth of Britain’s army of financial advisers.Sky News has learnt that Cinven was on Tuesday night on the verge of signing a deal to take a controlling stake in True Potential following […]
Silver Lake continues shopping spree with stake in UK’s RAC
US private equity company Silver Lake will take a stake in RAC, one of the UK’s biggest breakdown assistance providers, in a deal that values the company at £3.7bn. The California-based company, which specialises in technology investments, will buy part of the stakes held by the current owners, private equity firm CVC and the Singapore […]
Neuberger Berman Appoints Sarah Peasey as London-Based Director of European ESG Investing
Neuberger Berman, announced today the appointment of Sarah Peasey in the newly created position of Director of European ESG Investing.Based in London, Ms. Peasey will report to Jonathan Bailey, Head of ESG Investing at Neuberger Berman. Ms. Peasey will work directly with the firm’s investment teams to further incorporate ESG principles across asset classes and […]
PSP Investments and Amber to acquire additional stake in Angel Trains
On behalf of investors in its infrastructure equity strategy, AMP Capital has agreed to sell a 51 per cent stake in Angel Trains to a consortium comprising the Public Sector Pension Investment Board (PSP Investments) and funds advised and managed by Amber Infrastructure Group. The consortium members, which have held their stakes alongside AMP Capital […]
FDH Aero Acquires Madison Aerospace
FDH Aero (“FDH”), an aerospace and defense products distributor serving aircraft production and aftermarket supply chains, has acquired Madison Aerospace (“Madison”). The acquisition broadens FDH’s reach with additional product offerings in the OEM segment, serving a diversified customer base. Madison Aerospace was founded in 2000 by Brian Hutchins and is based in Haltom City, Texas. […]
