EQT nears Baring deal finish line in PE’s biggest buyout
EQT AB has completed the acquisition of Hong Kong-based Baring Private Equity Asia, as the Swedish investment firm looks to capture the region’s bright prospects. The deal combines the two firms’ Asia private equity teams to create BPEA EQT, while Baring’s real estate business will be integrated into EQT’s, according to a statement confirming a […]
One Equity Partners to acquire Amey plc
One Equity Partners (OEP), a middle market private equity firm, is to acquire UK‐headquartered engineering consultancy and infrastructure services provider Amey plc from Ferrovial, SA. Amey’s core markets are transport infrastructure and government buildings, and its competencies cover engineering and systems design, data science, analytics and digitalisation and a broad range of technical and more […]
Insight Partners to acquire stake in software firm Aptean
New York-based private equity and investment firm Insight Partners will acquire a minority stake in Aptean. Financial details on the deal were not disclosed but the minority stake would value the company at about $3.55 billion, according to a source familiar with the matter. Charlesbank Capital Partners, a private investment firm that joined TA Associates […]
Clearlake Capital acquires Ticket Evolution through VictoryLive platform
Clearlake Capital Group and Clearlake operating advisor Sam Soni have acquired Ticket Evolution Inc (Ticket Evolution), an end-to-end software provider for the event ticketing industry. The acquisition was completed through Victory Live, an event management and ticketing technology platform backed by Clearlake and Soni, who is a specialist in the multi-billion-dollar premium ticket and sports […]
Advent International and Wilbur-Ellis merge of Caldic and Connell
Global private equity investor Advent International (Advent), and Wilbur-Ellis, one of the largest family-owned companies in the world, are to merge their life sciences and specialty chemicals solutions businesses, Caldic BV (Caldic) and Connell. Caldic, a global provider of specialty ingredients and chemicals for the life sciences and industrial formulation markets with a major presence […]
Goldman Sachs to snap up British assets on the cheap as panicky UK pension funds flee
In a near-unprecedented rush by British pension funds to raise their cash holdings, Goldman Sachs and a range of other investment giants are planning to snap up UK assets at discounts of up to 30%. “We’re seeing discounts of 20 to 30 per cent for a high quality portfolio [of stakes in private equity funds],” […]
PE consortium completes $16B Nielsen acquisition
A group of private equity investors led by Evergreen Coast Capital Corp, an affiliate of Elliott Investment Management, and Brookfield Business Partners has completed the acquisition of US-based information, data and market measurement firm Nielsen Holdings in a $16 billion all-cash deal. Nielsen shareholders will receive $28 per Nielsen share in cash in accordance with […]
Private equity firm EIG acquires Australian LNG projects for $2.2B
MidOcean Energy, a portfolio company of private equity investor EIF, has acquired interests in four liquid natural gas (LNG) projects in Australia from Tokyo Gas Co Ltd for a combined $2.2 billion, according to a report by MarketWatch. The deal, which marks the launch MidOcean’s strategy to construct a diversified, global pure-play, integrated LNG company, […]
Brookfield and CAA at acquire Primary Wave stake in $2B deal
Brookfield Asset Management is to acquire a significant minority interest in independent publisher Primary Wave Music in a deal valued in excess of $2 billion, according to a report by PE Insights. Brookfield will provide an additional capital funding commitment of $1.7 billion to invest in music copyrights. An initial acquisition of over $700 million […]
KKR acquires 30% stake in Telenor at £3bn valuation
New York-based investment company KKR & Co Inc (KKR) has acquired 30% of the shares of Norwegian telecommunications company Telenor. The agreed sales price represents an enterprise value for the Norwegian fibre business of NOK36.1 billion (GBP3 billion). KKR, which was advised on the deal by a team from London-based Gibson, Dunn & Crutcher, is […]
