Germany’s football body to hire Deutsche Bank for media rights sale
Germany’s football body has appointed Deutsche Bank AG to lead the possible sale of a package of media rights, Bloomberg News reported on Monday, citing people familiar with the matter. In June, Bloomberg News reported that the German Football League (DFL) was considering selling as much as 20% of a unit which houses its domestic […]
UK-based start-ups raised $18B VC funding Jan-Jul 2022, finds GlobalData
Apart from being the top European market, the UK is also among the top five markets for global venture capital (VC) funding activity, found GlobalData. According to the data and analytics company, a total of 1,083 VC funding deals were announced in the UK during January-July 2022 while the disclosed funding value of these deals […]
Olympus nearing deal to sell microscope unit for over $2B, Bain Capital, Carlyle, and KKR are among suitors
Japan’s Olympus Corp is close to selling its microscope unit to a private equity firm in a deal that could fetch more than $2.2bn, three people with direct knowledge of the matter told Reuters. Carlyle Group and KKR & Co also submitted binding bids this month for the unit which makes microscopes, industrial endoscopes and […]
CVC said to be selling GarudaFood stake, deal could value Indonesian company at up to $1.5B
Private equity major CVC is reportedly in talks to sell its stake in Indonesian snack food business GarudaFood Putri Putri Jaya in a deal which could value the company at up to $1.5bn. Talks are at an early stage according to a source cited by Reuters, while another source reportedly told the news outely that […]
Centerbridge and Bridgeport to acquire CSI for $1.6B
Centerbridge Partners, a global, multi-strategy private investment, and Bridgeport Partners, a private investment firm with a long-term, value-oriented approach, are to acquire Computer Services Inc (CSI), a provider of end-to-end fintech and regtech solutions, in an all-cash transaction valued at approximately $1.6 billion, or $58.00 per share. Under the terms of the agreement, CSI shareholders […]
KKR leads investment in Arevia Power
KKR has led a significant structured investment in Arevia Power (Arevia), a US renewable energy developer, with strategic participation by GCM Grosvenor, a global alternative asset management solutions provider. In tandem with the investment, Arevia has executed a Responsible Contractor Policy (RCP) for its entire clean energy portfolio throughout the United States. The RCP actively […]
RiverGlade Capital closes $453m Healthcare Fund II
RiverGlade Capital (RiverGlade), a healthcare-focused private equity firm, has closed its latest fund, RiverGlade Capital Fund II (Fund II), which was over-subscribed and exceeded both its target size and initial cap with $453 million of total capital commitments. RiverGlade’s founders have invested in healthcare services together for over 20 years and will continue to remain […]
iCIMS, Vista Equity Partners and TA Associates complete transaction
iCIMS, the talent cloud company, Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, and TA Associates (“TA”), a leading global growth private equity firm, today announced the close of TA’s investment in iCIMS. Vista and TA will partner together to further accelerate global growth and […]
Ampersand closes oversubscribed fund at $1.2 Billion hard cap
Ampersand Capital Partners is pleased to announce the closing of the firm’s latest fund, Ampersand 2022 (“AMP-22”) Limited Partnership, with $1.2 billion in limited partner commitments. This fund, which is Ampersand’s eleventh primary fund since 1992, was significantly oversubscribed and held a single close less than three months after launch. Ampersand secured commitments from a diversified and […]
Thoma Bravo closes in on $729m deal for Australia’s Nearmap
Aerial imagery company Nearmap said it agreed to an $729m takeover offer from Thoma Bravo, becoming the latest technology firm that the U.S. private equity firm has bet on in recent months. The A$2.10-per-share offer received last month represented a premium of nearly 39% to the stock’s closing price on Aug. 12, a day before […]
