TA and Clearlake Capital-backed Kofax completes acquisition of Ephesoft
Acquisition Extends Kofax’s Position in the Intelligent Automation Software Market and Enhances its Intelligent Document Processing Capabilities Kofax®, a leading supplier of Intelligent Automation software for digital workflow transformation, backed by TA Associates and Clearlake Capital Group, L.P., today announced it has acquired Ephesoft Inc.. The acquisition will add to Kofax’s intelligent document processing (IDP) […]
Apollo leads private equity interest in Manchester United stake
Manchester United FC’s owners are considering opening up the iconic English football club to a new investor — with private equity firms likely to be crowding the field alongside high-net worth individuals. Buyout firm Apollo Global Management Inc. has already expressed interest, according to a person familiar the matter, asking not to be identified discussing […]
Blackstone announces Adam White, former President and COO of Bakkt, as Senior Advisor
Blackstone today announced the appointment of Adam White, former Bakkt and Coinbase executive, as a Senior Advisor. White brings a breadth of experience as a senior leader and entrepreneur in the crypto and blockchain technology space and will advise across Blackstone’s businesses, with an emphasis on Blackstone Growth (BXG), the firm’s growth equity investing platform. […]
Saudi Arabia’s PIF, Cain invest $900m in hotelier Aman Group
Saud Arabia’s Public Investment Fund (PIF) and London-based real estate investment firm Cain International said on Monday they had invested $900m in luxury hotel group Aman, which Cain said valued Aman at $3bn. The PIF and Cain said, in separate announcements, the investment would support Aman Group’s “global expansion of ultra-luxury hotels and branded residences.” […]
Denham Capital to sell Nexif Energy’s portfolio to RATCH Group in deal worth $1B
Denham Capital and Nexif have signed a share sale agreement with Thailand’s RATCH Group PLC for Nexif Energy’s portfolio of Australian and Southeast Asian energy assets at an enterprise value in excess of $1 billion (transaction equity value of $605 million). Capitalizing on the expertise, brand, and capital backing of its sponsors, Nexif Energy has […]
Thompson Street Capital Partners closes sixth PE fund at over $1.5B in commitments
Thompson Street Capital Partners (TSCP) has closed its sixth committed capital investment fund, Thompson Street Capital Partners VI LP (TSCP VI) with total commitments in excess of the fund’s $1.5 billion target. Commitments to TSCP VI came from a well-respected and diverse group of new and existing global limited partners, including leading public, corporate and […]
KKR acquires Barracuda from Thoma Bravo
KKR has completed the acquisition of Barracuda, a provider of cloud-first security solutions, from software investment firm Thoma Bravo. Financial terms of the transaction have not been disclosed. Barracuda is a cloud-first provider of cybersecurity solutions for small and medium sized enterprises (SMEs). More than 200,000 customers worldwide count on Barracuda to protect their email, […]
Nearmap shares surge as Thoma Bravo offers over $750m for Australian aerial mapping company
A $754m bid from buyout giant Thoma Bravo for Australian aerial imaging specialist Nearmap has sent the company’s shares soaring following three years of steady decline. Thoma Bravo’s A$2.10 per share offer is an 83% premium to Nearmap’s closing price of A$1.15 on July 5 this year, the day prior to the initial receipt of […]
Advent to sell Bioduro stake, eyes valuation over $1B
Buyout firm Advent International plans to sell a majority stake in U.S.-based Bioduro-Sundia in a deal that could value the drug development and manufacturing outsourcing provider at over $1bn, said three people with knowledge of the matter. Advent is looking to sell its stake in Bioduro-Sundia at a company valuation of more than 20 times […]
Arsenal Capital raises $5.4B for two new funds
Arsenal Capital Partners, a leading private equity firm that specializes in investments in industrial growth and healthcare companies, announced today that it has completed fundraising for two new funds, totaling $5.4bn in capital commitments. Arsenal Capital Partners VI closed with $4.3bn in capital commitments, well exceeding its $3bn target of limited partner commitments and well […]
