CC Capital group eying USD5bn deal for Information Resources

A CC Capital Partners-led investor group is looking to acquire market-research firm Information Resources Inc (IRI), according to a report by Bloomberg. The investment firm run by former Blackstone Inc dealmaker Chinh Chu, is said to be in talks over a deal that would value IRI at over USD5 billion, including debt. Currently IRI is […]

Blackstone selects global head of ESG for private equity

Amisha Parekh was named managing director and global head of ESG for private equity at alternative manager Blackstone. It is a new position, Blackstone spokeswoman Emilie Stanton said in an email Thursday. Ms. Parekh, who joined the firm’s portfolio operations group Monday, leads private equity-related ESG due diligence, policy development and strategy and reports to […]

HIG Capital completes acquisition of Jackson Paper Manufacturing and Sustainable Corrugated

An affiliate of HIG Capital (HIG) has completed the acquisition of Jackson Paper Manufacturing and Sustainable Corrugated (JPM). Founded in 1995, JPM is a leading vertically integrated manufacturer of 100% recycled corrugated packaging. Headquartered in Sylva, North Carolina, JPM specializes in the manufacturing of 100% recycled medium, corrugated sheets, and digitally printed corrugated packaging. JPM’s […]

AGIC Capital holds final closing of $1.2bn fund for investments in smart industries

European-Asian private equity firm AGIC Capital has held the final closing of its second fund, AGIC Fund II, which will be focused on advanced industrial and medical technology investments. AGIC Fund II raised $1.2 billion, reflecting a strong investor appetite for funds with distinctive investment strategies and innovative, differentiated approaches to post-investment value creation. It […]

Everstone snaps up Calibre Chemicals for about $100 mn

Singapore-headquartered private equity major Everstone Capital on Tuesday announced the acquisition of a controlling stake in Calibre Chemicals, which is a specialty ingredients player focused on the pharmaceutical, nutritional and personal care segments, for a reported $100 million. The city-based, privately-held Calibre was established in 1984 and manufactures a range of specialty chemicals falling into […]

CVC and TA to partner with Mediaocean and fuel growth of global omnichannel advertising platform

Mediaocean, the leading global omnichannel advertising platform, today announced an investment from funds advised by CVC Capital Partners, along with TA Associates, who are acquiring the stake in the company held by Vista Equity Partners. As a leader in global advertising technology, Mediaocean helps the world’s top agencies and marketers manage $200 billion in annualized media spend. […]

Thoma Bravo Completes Acquisition of Proofpoint

Thoma Bravo, a leading software investment firm, and Proofpoint, Inc. (“Proofpoint), a leading cybersecurity and compliance company, today announced the completion of Thoma Bravo’s acquisition of Proofpoint for approximately $12.3 billion in cash. The acquisition was previously announced on April 26, 2021, and Proofpoint’s stockholders approved the transaction at the Special Meeting of Shareholders held […]

KBC Bank Ireland sells €1.1bn loans portfolio to private equity giant CarVal

  KBC Bank Ireland has sold a €1.1 billion portfolio of non-performing mortgage loans to funds managed by US private equity giant CarVal. Upon completion of the transaction, the loans will be managed by Pepper Finance Corporation. KBC said consumers will continue to have the same legal and regulatory protections as they currently do following […]

EQT Private Equity to sell Zemax

EQT is pleased to announce that EQT Private Equity, through the EQT Mid Market US fund, has agreed to sell Zemax (“the Company”) to Ansys (NASDAQ: ANSS). With the support of EQT, Zemax expanded its management team and focused on broadening the Company’s product portfolio through substantial R&D investment focused on the fastest-growing segments in […]

Chinese Regulator Vows to Crack Down on Private Equity Funds

China’s securities regulator said it plans to rein in the country’s private equity and venture capital funds, stop public offerings disguised as private placements and fight embezzlement of assets. The China Securities Regulatory Commission will work to root out “fake” private equity funds that are actually sold to the general public instead of targeted investors, Chairman Yi […]