Petrobras signs contract to sell RLAM refinery to Mubadala Capital
Petroleo Brasileiro SA said on Wednesday it had signed the contract to sell its RLAM refinery to Abu Dhabi’s Mubadala Capital for $1.65 billion, in a victory for outgoing CEO Roberto Castello Branco. Earlier on Wednesday, Petrobras said its board had authorized the sale to Mubadala Capital, under the aegies of its MC Brazil Downstream […]
Hitachi narrows metals unit buyers to 2 groups, including KKR
Hitachi Ltd has narrowed down potential buyers of Hitachi Metals Ltd to two groups, one of which is led by private equity firm KKR & Co. If realised, the deal is expected to be worth more than 700 billion yen ($6.42 billion), one of this year’s biggest M&As. Carlyle Group, Bain Capital and KKR were […]
BC Partners invests in Davies to support global expansion and digital transformation
Funds advised by BC Partners, an international investment firm, are to to acquire a majority stake in Davies, a specialist professional services and technology business serving the global insurance market. This new partnership will diversify and strengthen Davies’ shareholder base, as it seeks to drive further global expansion, increase investment in technology and digital transformation, […]
Omnio launches EUR30m funding round led by GrayBella Capital
Omnio, a specialist in Banking-as-a-Service, has launched a EUR30 million funding round led by pan-European venture fund GrayBella Capital Omnio is a fast-growth pre-IPO banking infrastructure leader based in London, England. Omnio builds on its pioneering Banking-as-a-Service offering, with the growth of Sercle, its credit union platform that serves 135 small financial institutions and over […]
GCP invests in Bridewell Consulting
Growth Capital Partners (GCP) has taken a minority stake in Bridewell Consulting, the first investment from GCP Fund V. Bridewell Consulting is a cyber security services company providing global, 24×7 managed detection and response (MDR) services as part of its Security Operations Centre (SOC) and specialist cyber security consultancy. With extensive experience of delivering large-scale […]
Orangewood Partners Raises More Than $300 Million in Equity
Continues Orangewood’s Successful Strategy of Investing in North American Businesses Across Non-Discretionary Healthcare, Consumer and Multi-Unit Sectors Orangewood Partners (Orangewood), a long-term focused private investment firm, today announced the successful close of Orangewood Fund II, L.P. (together with its parallel vehicles, the “Fund”) with more than $200 million in equity commitments as well as approximately […]
Japan’s Kintetsu to sell hotels to Blackstone as private equity activity grows
Japan’s Kintetsu Group Holdings will sell eight hotels to U.S. buyout firm Blackstone Group for an undisclosed amount, the railway operator said on Thursday, in the latest private equity deal. Blackstone is part of a wave of foreign investors hunting for deals in Japan while banking on a rebound from the COVID-19 pandemic as companies […]
Utilis secures USD6m from Beringea
Utilis, a pioneer of satellite-based infrastructure intelligence, has raised USD6 million from Beringea, a transatlantic venture capital firm, which will be used to accelerate the growth of its data-driven analytics enabling the detection of water leaks and infrastructure asset management Utilis was founded in 2013 by Lauren Guy, a scientist focused on atmospheric physics and […]
Social impact fund Valloop delivers compound annual growth of 16.1 per cent over five years
Social impact fund Valloop, which was created to help employees and management buy the companies they work for, has delivered compound annual growth of 16.1 per cent over a five-year period between September 2015 and September 2020 Valloop’s model has dramatically lowered the cost of entry for investing in private markets funds with a minimum […]
DunPort launches EUR50m fund to support Covid-19 impacted SMEs
DunPort Capital Management (DunPort) has launched a EUR50 million fund to provide tailored and flexible capital solutions to Irish small and medium sized enterprises whose businesses have been directly impacted by the Covid-19 pandemic The fund, backed by a EUR50 million commitment from the Ireland Strategic Investment Fund (ISIF), will seek to support well-established, historically […]
