Warburg Pincus applies to set up China brokerage venture
U.S. private equity giant Warburg Pincus has applied to set up a securities joint venture in China, regulatory filings showed on Friday Warburg Pincus submitted an application for a brokerage joint venture on Friday, the China Securities Regulatory Commission (CSRC) said on its website. No information was given on an intended Chinese partner or shareholder […]
Private equity’s taste for tech sparks spending spree
Private equity firms are setting records as they place bets on technological revolutions in sectors ranging from finance to health care Firms have spent $80 billion acquiring companies in the global technology sector this year, according to data compiled by Bloomberg. That’s an all-time high for a quarter and already up 141 percent on this […]
BGF invests GBP10.25m in Jola
BGF has taken a 25 per cent stake in mobile data specialist and eSIM Mobile Virtual Network Operator (MNVO), Jola Cloud Solutions Ltd for GBP10.25 million. Co-founder and CEO Andrew Dickinson says: “BGF has a fantastic track record of investment overall and it was their references and reputation in the ICT space that made them […]
Euh may join former Goldman Sachs execs running private equity firms
Euh Ho-sun, an executive director at Goldman Sachs’ Seoul office, handed in his resignation recently to establish his own private equity firm (PEF), according to industry sources and media reports.Better known as the son of former KB Financial Group Chairman Euh Yoon-dae, he has advised on large-scale acquisition deals and various capital markets transactions, including […]
Options Technology Announces Acquisition of Fixnetix from DXC Technology
Options Technology, a leading provider of IT infrastructure to global Capital Markets firms backed by Abry Partners, today announced it had closed on its acquisition of Fixnetix, a DXC Technology Company. Financial terms of the agreement were not disclosed Fixnetix provides outsourced front-office trading services to investment banks, hedge funds, proprietary trading firms and exchanges […]
Sentinel Capital Partners recapitalises TranSystems
Sentinel Capital Partners (Sentinel), a private equity firm that invests in promising lower midmarket companies, has recapitalised TranSystems, a leading provider of engineering, architectural, and design consulting solutions for US transportation end markets. Terms of the deal have not been disclosed TranSystems plans, inspects, designs, and provides related services to some of the most complex […]
Vision Ridge Partners closes third Sustainable Asset Fund at USD1.25bn hard cap
Vision Ridge Partners, an alternative asset manager focused on sustainable real assets, has closed its USD1.25 billion Sustainable Asset Fund III (Fund III). The Fund held its final close just four-and-a-half months after commencing fundraising. Fund III initially targeted USD1 billion of commitments and drew interest beyond the USD1.25 billion hard cap “The speed, size […]
Sogelink and Geodesial Group join forces with the support of Keensight Capital
Sogelink and Geodesial Group, two leading providers of software solutions for infrastructure, construction and property management professionals, are to merge with the support of their common shareholder, private equity manager Keensight Capital. The resulting Group will become a leading company for Construction Tech in Europe and is well positioned to join the top 10 French […]
Everwood Capital sells first operating PV plant in Fund IV to Falck renewables
Everwood Capital agreed today the sale of its 50MW photovoltaic plant Desafío Solar, located in the municipality of Escatrón in the Aragon region, to Falck Renewables SpA, an Italian listed company and a global player in the field of renewable energies. The terms of the sale represent for Fund IV a capital gain (net of […]
Eurazeo Brands to acquire majority stake in French pet food brand Ultra Premium Direct
Eurazeo Brands, the division of Eurazeo focused on high growth, differentiated consumer brands, has signed an exclusivity agreement under which it will invest EUR68 million in Ultra Premium Direct as a majority shareholder. Eurazeo is investing alongside co-founders Sophie Wincker and Matthieu Wincker and Eutopia, existing minority shareholder via Otium Consumer, which would reinvest in the […]
