Alter Domus Tops $1 Trillion in Global Assets Under Administration with Acquisition of Strata Fund Solutions LLC
Transformational deal affirms Alter Domus’ commitment to the private equity and venture capital markets. Alter Domus leaps to top three largest private asset servicers for US alternative asset managers and the firm establishes footprint in Utah, adding over 200 private equity and venture capital accounting experts Alter Domus, a fully integrated provider of fund administration, […]
Volkswagen Finance turns majority stakeholder in KUWY Technology
Volkswagen Finance on Monday said it has increased its shareholding in Chennai-based automotive lending startup KUWY Technology to a majority stake, effective January 5. Financial terms of the deal were not disclosed in the statement. The Mumbai-based financial services arm of the German automaker had in September 2019 picked up a 25% stake in the […]
Albion Capital exits G.Network and generates a 3.8x return for investors
Albion Capital has completed the sale of its stake in full fibre broadband operator G.Network to the Universities Superannuation Scheme Limited (USS) and Cube Infrastructure Managers (Cube), generating a 3.8x return for its venture capital trust (VCT) investors. G.Network installs state-of-the-art full contiguous fibre broadband infrastructure in London. Albion invested in the company in May […]
Deutsche Telekom looking to sell Dutch unit
Deutsche Telekom is preparing a sale of its Dutch subsidiary T-Mobile Netherlands, Dutch financial daily Financieele Dagblad said on Monday. Citing sources close to the matter, the paper said Deutsche Telekom is looking to sell the mobile phone operator to private equity investors in a deal that could be worth 4 billion to 5 billion […]
NCR throws hat in the ring for Cardtronics with $1.73 billion offer
(Reuters) – NCR Corporation on Monday offered to buy Cardtronics Plc for about $1.73 billion in cash, threatening to derail the ATM operator’s acquisition by private equity firm Apollo Global and investment firm Hudson Executive Capital. Atlanta-based NCR, which makes ATMs and self-service kiosks for the retail and hospitality industries, proposed to buy all outstanding […]
OmniActive Health secures strategic investment from TA Associates
Private equity firm TA Associates has acquired a significant stake in OmniActive Health Technologies, a provider of scientifically-validated, natural nutraceutical ingredients. Founder and Executive Chairman Sanjaya Mariwala has further increased his personal holding. Financial terms of the transaction have not been disclosed. Established in 2005, OmniActive seeks to improve lives by enhancing nutrition and wellness through science […]
OEP portfolio company Spartronics acquires Primus Technologies
Spartronics, a provider of contract manufacturing and design services and a portfolio company of middle market private equity firm One Equity Partners (OEP), has completed the acquisition of Primus Technologies Corp. Financial terms of the private transaction have not been disclosed. Headquartered in Williamsport, Pennsylvania, andf ounded in 1959, Primus Technologies provides engineering, manufacturing and […]
Buyout giant Silver Lake closes in on stake in New Zealand All Blacks
New Zealand Rugby is in advanced discussions about the sale of a stake to buyout firm Silver Lake, Sky News understands. The American private equity investor which part-owns Manchester City Football Club is in advanced talks to buy a stake in the New Zealand All Blacks, one of the most iconic names in global sport. […]
Holland & Knight adds M&A Partner from Perry Ellis International
Jordan Schneider is joining Holland & Knight’s Miami office as a partner after serving as Vice President, Strategic Initiatives at Perry Ellis International, Inc. Prior to joining Perry Ellis in 2019, Schneider was an associate with Holland & Knight’s Corporate, M&A and Securities Practice Group. Schneider focuses his practice on representing both public and private […]
Deutsche Telekom in talks to sell T-Mobile Netherlands for €5billions
Sources have told Dutch paper Het Financieele Dagblad that Deutsche Telekom (DT) is looking to sell its Dutch subsidiary for €5–6 billion Sources have told Dutch paper Het Financieele Dagblad that Deutsche Telekom (DT) is looking to sell its Dutch subsidiary for €5–6 billion T-Mobile Netherlands could soon find itself up for sale again, sources […]
