Buyout giant Silver Lake closes in on stake in New Zealand All Blacks
New Zealand Rugby is in advanced discussions about the sale of a stake to buyout firm Silver Lake, Sky News understands. The American private equity investor which part-owns Manchester City Football Club is in advanced talks to buy a stake in the New Zealand All Blacks, one of the most iconic names in global sport. […]
Office Depot Parent Soars on Staples $2.1 Billion Takeover Offer
Staples says it will make a tender offer in March if ‘we cannot reach a negotiated agreement with ODP.’ Shares of Office Depot’s parent, ODP (ODP) – Get Report, soared Monday after rival Staples offered to buy the office-supplies retailer for $40 cash a share, or $2.1 billion. Shares of ODP, Boca Raton, Fla., at […]
Ares Management Corporation and Aviation Industry Veterans Announce Launch of Vmo Aircraft Leasing
Vmo Receives Initial Equity Capital Commitment of Approximately $500 Million Ares Management Corporation and aviation industry veterans, including Bob Brown, Sean Sullivan and Will Hudson, announced today the launch of Vmo Aircraft Leasing L.P. A newly-formed company to acquire and lease commercial aircraft. Funds managed by Ares’ Private Equity Group and Vmo management have committed […]
Holland & Knight adds M&A Partner from Perry Ellis International
Jordan Schneider is joining Holland & Knight’s Miami office as a partner after serving as Vice President, Strategic Initiatives at Perry Ellis International, Inc. Prior to joining Perry Ellis in 2019, Schneider was an associate with Holland & Knight’s Corporate, M&A and Securities Practice Group. Schneider focuses his practice on representing both public and private […]
Deutsche Telekom in talks to sell T-Mobile Netherlands for €5billions
Sources have told Dutch paper Het Financieele Dagblad that Deutsche Telekom (DT) is looking to sell its Dutch subsidiary for €5–6 billion Sources have told Dutch paper Het Financieele Dagblad that Deutsche Telekom (DT) is looking to sell its Dutch subsidiary for €5–6 billion T-Mobile Netherlands could soon find itself up for sale again, sources […]
YFM invests £2.5 million in Vypr
Vypr plans to strengthen its sales and marketing operations as it invests in its team and expands into new sectors and overseas markets following a GBP2.5 million growth capital investment backed by YFM Equity Partners (YFM) through its British Smaller Companies VCTs. Founded in 2013 by Ben Davies, Vypr has built a cloud-based data validation […]
Miss Group acquires Pickaweb
Fast-growth web hosting business, Miss Group, has acquired UK-headquartered Pickaweb as part of its ongoing buy and build strategy. The acquisition of Pickaweb is the twelfth acquisition for Miss Group over the last two years, and adds a further 7,000 SME customers across the UK and Spain. Pickaweb will be integrated into existing brands within […]
Blackstone Sees Three Asia MD Exits in a Month
Private equity giant Blackstone reportedly saw three senior managing directors in Asia leave since last month, amidst ongoing expansion in the region. Kishore Moorjani, Asia head of tactical opportunities, was the latest to resign after nine years with the firm. He will be replaced by senior partner Menes Chee, who will relocate from Blackstone’s headquarter […]
Matrix-backed gaming startup Zupee raises $10 mn in new funding round
Cashgrail Pvt Ltd, which operates skill-based mobile gaming platform Zupee, has raised $10 million (about Rs 73 crore) in a fresh funding round. The exercise has been led by existing backer WestCap Group, a United States-based growth equity firm that invests in asset-light and tech-enabled marketplace solutions. Focus areas for WestCap include financial, real estate, […]
Investment manager to pursue IPO next month
Infrastructure and private equity investment manager Foresight Group is set to float on the London Stock Exchange next month as the company pursues funding for its acquisition strategy. In an update to the market this morning (January 12) Foresight confirmed it would proceed with an initial public offering in February which would see 50 per […]
