Pathstone Announces the Addition of Cornerstone Capital Group
Pathstone, an independently operated, partner-owned advisory firm offering families, family offices, and select nonprofit institutions comprehensive family office services and customized investment advice, and Cornerstone Capital Group, today jointly announced that Cornerstone joined Pathstone. “The depth and laser focus of Cornerstone, together with the scale and strength of Pathstone, now creates the preeminent Impact Investment […]
Kirkland advises L Catterton on deal to acquire majority stake in BIRKENSTOCK Group
Kirkland & Ellis has advised L Catterton on an agreement together with its affiliates, as well as a group of investors including Financière Agache, the family holding company of Bernard Arnault, the CEO of LVMH, to acquire a majority stake in BIRKENSTOCK Group. BIRKENSTOCK is a global lifestyle brand with a heritage in iconic footwear. […]
Riverside invests in Rethink as an add-on to Buildout
The Riverside Company, a global private equity firm focused on the smaller end of the middle market, has invested in Think Tech Labs (Rethink), a SaaS-based CRM software serving Commercial Real Estate (CRE) brokerages and brokers. “Rethink’s software aligns perfectly with Buildout’s current offering and will provide brokers with an integrated marketing and CRM platform,” […]
State and private equity-backed Irish SME fund closes out at €135m
MML’s latest fund includes backing from Isif, AIB and Cigna A private equity company that invests in Irish SMEs has closed out its latest fund at €135 million, after receiving backing from State and private investors. MML Growth Capital Partners, led by its partners Rory Quirke and Neil McGowan, attracted investment for its Fund 2 […]
Kirkland advises L Catterton on deal to acquire majority stake in BIRKENSTOCK Group
Kirkland & Ellis has advised L Catterton on an agreement together with its affiliates, as well as a group of investors including Financière Agache, the family holding company of Bernard Arnault, the CEO of LVMH, to acquire a majority stake in BIRKENSTOCK Group BIRKENSTOCK is a global lifestyle brand with a heritage in iconic footwear. […]
KKR-Backed PropertyGuru Weighs U.S. Listing Via SPAC
PropertyGuru Ltd., the Singaporean online real estate firm backed by private-equity firms KKR & Co. and TPG Capital, is considering a U.S. listing through a merger with a special purpose acquisition company, according to people familiar with the matter The company is working with a financial adviser on the potential deal, the people said, asking […]
EDP Brasil to acquire solar energy assets of AES unit
Brazilian power company EDP Energias do Brasil SA said on Thursday that its EDP Smart division has signed a deal to acquire solar energy assets from the local unit of AES Inc for 177 million reais ($32 million). The transaction involves AES Inova, an investment platform for distributed generation that uses smaller technology systems, such […]
Crypto firm Kraken seeks about $10 billion valuation: Bloomberg News
Cryptocurrency exchange Kraken is in talks to raise new funding in a move that would more than double the firm’s valuation to about $10 billion, Bloomberg News reported on Thursday, citing people with knowledge of the matter. The company is in discussions with firms including Fidelity, Tribe Capital and General Atlantic; terms, including lead investors, […]
Listed software company K3 Business Technology completes near £15m deal with private equity-backed firm
K3 said the transaction has generated more than £10m in profits A Manchester software firm has sold its managed services unit to a private equity-backed company for almost £15m. K3 Business Technology, which provides business software, cloud solutions and managed services, has completed the deal for Starcom Technologies with Node4, an infrastructure and services company […]
JMI Equity Seeks $1.7 Billion Amid Management Transition
The latest fund would be the firm’s largest yet and 42% larger than its predecessors Software-focused private equity firm JMI Equity has upped its fundraising goal for its tenth flagship fund to $1.7bn. AltAssets revealed at the start of the year that JMI was out raising Fund X, and had set a goal of $1.3bn […]
