TPG holds $5.4bn first close of TPG Rise Climate Fund
TPG Rise Climate, the climate investing strategy of TPG’s global impact investing platform TPG Rise, has held the first close of USD5.4 billion in subscriptions to its inaugural fund. With the fund’s first close, TPG Rise Climate is bringing together a unique blend of capital from some of the world’s largest institutional investors and over […]
ESG investor Galway Sustainable Capital closes new $265m funding from Oaktree
Galway Sustainable Capital (GSC) has entered into a new, broad-based funding partnership with funds managed by Oaktree Capital Management, (Oaktree). Under the terms of the deal, GSC secured a minority equity investment and closed a new, multi-year, multi-tranche credit facility with Oaktree. GSC is private equity backed by lead investor Cordillera Investment Partners. GSC was […]
St. Michael’s Development Secures Investment from KKR for City Centre Scheme
Relentless today announces a joint venture with KKR to deliver the St Michael’s development in central Manchester. Initial work on the site is expected towards the end of the year in the commercial phase of the project. The joint venture, KKR’s first real estate investment in Manchester, will combine Relentless’s local knowledge and operational expertise […]
Yondr Group, Everstone Group to invest $1B to develop, operate data centres in India
The Yondr-Everstone joint venture, with an initial capitalisation of $1 billion, will support hyperscale clients and service the rapidly growing Indian market, which is projected to exceed $4.5 billion by 2025. Data centre developer Yondr Group on Tuesday said it has formed a joint venture with private equity firm Everstone Group and will invest over $1 […]
TA Associates makes strategic growth investment in Elos Medtech
Private equity firm TA Associates has completed a majority growth investment in Elos Medtech AB (NASDAQ STOCKHOLM: ELOS B), an innovative full-service contract development and manufacturing organisation (CDMO) in the global medical device market. Elos Medtech is headquartered in Gothenburg, Sweden with operations being conducted at facilities in Sweden, Denmark, China and the US. As […]
SEDNA raises $34m in Series B funding
SEDNA, an intelligent communications system for high-performance teams at leading companies like Glencore, Norden, and Bunge, has secured $34 million in Series B funding. The funding will allow SEDNA to expand its investment in the global supply chain space while also increasing value in new verticals where overwhelming communication makes work harder. Customers fully implementing […]
Equistone acquires Vertbaudet from Alpha Private Equity
European mid-market private equity firm Equistone has acquired a majority stake in Vertbaudet, a European e-commerce platform dedicated to childhood. Following this transaction, Equistone now holds a majority stake in Vertbaudet, alongside the executive team. Through a robust omnichannel model – which has demonstrated resilience throughout the Covid-19 crisis – the Group expects to achieve […]
Morrisons’ rejection of £5.5bn offer may spark bidding war for grocer
An unsolicited £5.5bn private equity bid for Morrisons, swiftly rejected by the supermarket chain, could spark a bidding war for Britain’s fourth biggest grocer and has raised concerns that other supermarket groups could be sold off to private equity. On Saturday night Morrisons said it had rebuffed a preliminary takeover bid worth just over £5.5bn from the US […]
Apollo closes in on agreement with group of foreign bidders for Morrisons
US private equity giant Apollo is closing in on an agreement to join forces with a group of foreign bidders for Morrisons supermarkets, tightening the consortium’s grip on the grocery chain. Fortress, which is backed by Japanese investment giant Softbank, has teamed up with American businessman Charles Koch and the Canada Pension Plan Investment Board […]
PRIVATE EQUITY FIRM ACHIEVE PARTNERS ACQUIRES OPTIMUM HEALTHCARE IT
Private equity firm Achieve Partners acquired Optimum Healthcare IT, a provider of healthcare IT staffing and solutions focused on implementation and integration of headquartered in Jacksonville Beach, Florida. The acquisition is the first in Achieve Partners’ Putting America Back to Work Fund. Optimum Healthcare IT’s offerings include Optimum CareerPath, a paid apprenticeship program that helps […]
