PGIM acquires €2.7bn private equities secondaries manager Montana Capital Partners
PGIM has signed a definitive agreement to acquire Montana Capital Partners (MCP), a European private equity secondaries fund manager with €2.7bn in assets under management (AUM). The transaction, which is expected to close in Q3 2021 and remains subject to receipt of all regulatory approvals, will see MCP join PGIM’s multi-manager structure under the oversight […]
KKR steps up pursuit of UK companies amid private equity buyout frenzy
KKR is expanding its operations to target more takeovers in the UK, as the record-breaking pursuit of British companies by private equity groups reignites a debate over the role of the buyout industry in the economy. KKR will set up a new team of five dealmakers to focus on buying British companies, the heads of […]
Henley sells West London Tesco for £70m
Henley Investments, a global private equity real estate firm, has sold a Tesco supermarket in Hayes, West London for £70 million. The 100,000 sq ft property has performed well since it was acquired by Henley in December 2019 for £52 million. Ian Rickwood, CEO of Henley, says: “This has been another successful investment within our […]
MIDOCEAN PARTNERS SELLS MAJORITY STAKE IN THE PLANET GROUP
Private equity firm MidOcean Partners sold its majority investment in The Planet Group, which will now merge with ProPharma Group, a portfolio company of Odyssey Investment Partners. The transaction closed May 26; financial terms and ownership shares were not disclosed. The Planet Group brand will remain and all executives will stay with their existing titles. […]
Mattioli Woods Just Acquires Maven Capital Partners
The deal will allow Maven to leverage the Mattioli Woods partnership to access further capital to help boost growth and will also enhance Maven’s services and capability through access to Mattioli Woods’ advisor and client base as well as expertise in a broader range of products. Separately Mattioli Woods is also acquiring Ludlow Wealth Management, […]
