Riata Capital Group Invests in Greenix
Riata Capital Group (RCG or Riata) has made a strategic investment in Greenix Pest Control (Greenix) in partnership with Bob Nilsen and the Company’s management team Greenix, estimated to be the thirteenth largest residential pest control company in the US based on subscribers, is a market-leading provider of subscription-based pest control services to residential customers […]
Asda: How to buy a £6.8bn supermarket for £780m
The Issa brothers have completed the deal to buy Britain’s third-largest supermarket chain. Asda was valued at £6.8bn, but the brothers and the PE-firm TDR Capital paid just £780m. The rest was borrowed. So how does this kind of deal work? And will it leave Asda with too much debt? TDR Capital, PE-firm specialised in […]
Quebec’s Novacap closes its biggest ever private equity fund on heels of $2-billion Nuvei gain
Joann Inc., the fabric and craft store, filed for an initial public offering a decade after being taken private by buyout firm Leonard Green & Partners. The Hudson, Ohio-based company in its filing Wednesday with the U.S. Securities and Exchange Commission listed the size of the offering as $100 million, a placeholder that will likely […]
Battle for UK’s G4S heading for $5-billion-plus auction
The $5 billion-plus bid battle for British security firm G4S will be settled by a rare head-to-head auction later this month if one of its two North American suitors hasn’t prevailed by then, Britain’s takeover regulator said on Friday. G4S, which employs more than 500,000 people around the world, in December backed a 3.8 billion […]
Personetics secures USD75m investment from Warburg Pincus
Personetics, a global provider of data-driven personalisation and customer engagement solutions for banks and financial services providers, has raised USD75 million in growth funding from Warburg Pincus, a global private equity firm focused on growth investing Personetics is backed by Viola Ventures, Lightspeed Ventures, Sequoia Capital and Nyca Partners. Terms of the transaction were not […]
Impulse Programme produces the UK’s ‘next generation’ entrepreneurs and world-class innovators attracting over GBP50million of investment
A Cambridge University programme has produced a raft of the UK’s ‘next generation’ entrepreneurs and world-class innovators – attracting over GBP50million (GBP53,561,000) of funding and investments over the last four years for the alumni’s life-changing projects Notable alumni completing the programme have included: Dr Steve Brierley, Founder/CEO of technology sensation, Riverlane – which is making […]
Horseware Ireland rides into Lonsdale Capital Partners’ paddock
Lonsdale Capital Partners, a UK private equity group, is in advanced talks to acquire a stake in Horseware Ireland, a highly successful equestrian products company It is understood that the investment will accelerate the growth of the company, which makes horse blankets, equipment and riding wear. Founded in 1985 by entrepreneur Tom McGuinness, Horseware posted […]
Tikehau Capital to sponsor SPAC focused on European financial services sector
Tikehau Capital is to sponsor a first Special Purpose Acquisition Company (SPAC), which will focus on the European financial services sector Since its inception in 2004, Tikehau Capital has built a strong track-record of backing high-quality companies through equity or debt financing. Investment vehicles like SPACs are a natural extension of Tikehau Capital’s existing investment […]
Sherpa Capital sells Macrolibros to Gráficas Ceyde
Sherpa Capital, a private equity fund manager focused on mid-market companies with EUR500 million under management, announces the sale of Macrolibros, a leading Spanish printing and binding company for children’s and educational books, to Gráficas Ceyde Founded more than 40 years ago and based in Valladolid, Macrolibros is a market leader in the educational and […]
Private equity firm Foresight sells online gardening business Hedges Direct Group to former AO World CEO
A Lancashire online gardening and landscaping business has been sold by private equity firm Foresight Group to a former chief executive of listed white goods and technology retailer AO World. Steve Caunce first joined Hedges Direct Group, which is based in Euxton, in 2019 and has now acquired the business after a competitive sales process. […]
