Permira hoping to acquire Reorg in $1.3B deal
Buyout firm Permira is hoping to agree a £1.3 billion deal to acquire Reorg Research Inc, a financial data vendor specialising in debt restructuring, according to a report by Reuters. The report cites unnamed sources as revealing that the deal would see private equity firm Warburg Pincus, which valued Reorg at around $400 million when […]
Silversmith Capital Partners raises $1.25B for fourth growth equity fund
Silversmith Capital Partners (Silversmith) has held the first and final close of its fourth fund, Silversmith Capital Partners IV (Fund IV), which was significantly oversubscribed, at its hard cap of $1.25 billion. In addition to the $1.25 billion from limited partners, the Silversmith team will contribute $90 million to Fund IV. Fund IV is the […]
Blackstone makes strategic investment in Esdec Solar Group
Blackstone Energy Partners and Blackstone private equity (Blackstone) are to make a significant strategic investment in Esdec Solar Group BV (Esdec), a global specialist in rooftop solar mounting systems. Esdec was acquired by Rivean Capital (Rivean) and its management team in 2018 who have since transformed the business from a small innovative Benelux operation with […]
Tikehau Capital raises €3.3B for fifth gen of direct lending strategy
Tikehau Capital has raised a record €3.3 billion for the fifth generation of its direct lending strategy, up 57% compared to the previous vintage. Within this strategy, Tikehau Capital’s flagship fund received €2.1bn in capital commitments, a significant upsizing from the previous generation. The capital raise received strong support from high-quality institutional investors globally including […]
Ardian to acquire majority stake in GreenYellow at €1.4B valuation
Ardian has entered into an agreement with Groupe Casino, Bpifrance and Tikehau Capital to acquire a majority stake in GreenYellow, a French specialist in decentralised energy. The transaction values the company at €1.4 billion. As part of the transaction, the Casino Group, incubator and reference shareholder of GreenYellow since 2007, will retain a minority stake […]
Clearlake Capital completes acquisition of BBB Industries
An affiliate of Clearlake Capital Group has acquired BBB Industries (BBB), a sustainable manufacturer of non-discretionary automotive, industrial, energy storage, and solar parts, from Genstar Capital (Genstar). More recently, the Company has embraced the EV market, starting with electric power steering and continuing with upcycling and increasing the lifespan of EV batteries. Beginning in 2021, […]
Triton marks first realization from Triton V with Ewellix exit
Triton Fund V advised by Triton Partners, has signed an agreement to sell Ewellix, a global innovator and manufacturer of linear motion and actuation solutions, to Schaeffler, the leading global supplier to the automotive and industrial sectors. Triton acquired Ewellix, formerly known as SKF Motion Technologies, via a carve-out transaction from Sweden’s SKF Group in […]
Abu Dhabi’s wealth fund buys stake in CVC-owned TMF Group
Abu Dhabi Investment Authority has agreed to invest in TMF Group, the corporate-trust services provider owned by CVC Capital Partners that had been exploring an initial public offering. TMF provides services including bookkeeping, payroll, fund administration and compliance to multinational corporations and financial institutions. CVC agreed to buy the company in 2017 for a total […]
Carlyle extends UK money manager deal spree with Metis purchase
Carlyle Group’s fast-growing wealth management platform in the UK has struck its fourth deal in less than two months as it seeks a consolidation play in the country’s fragmented market for financial planning. The private equity firm’s Hurst Point Group will buy Metis Wealth and Metis Asset Management to take its total funds under administration […]
Silver Lake-backed Cegid to combine with Grupo Primavera in €6.8B deal
France-based software program group Cegid is buying Spanish rival Grupo Primavera in a €6.8bn deal that mixes two private-equity backed corporations which have every been fashioned by acquisition sprees. Cegid, which is backed by Silver Lake, KKR and AltaOne Capital, has grown by snapping up rivals since its traders took the enterprise non-public in 2017. […]
