HIG Capital completes recapitalisation of Health Network One

HIG Capital (HIG) has completed the recapitalisation of Health Network One and its various affiliates and subsidiaries, a provider of specialty benefit management services for health insurers. Founded in 1999, Health Network One partners with health plans to optimise care across a number of specialties, including Physical, Occupational and Speech Therapy; Dermatology; Vision and Ophthalmology; […]

Kearney appoints new European lead for Private Equity and M&A Practice

Global consultancy Kearney has promoted Alberto Fumo to European lead for the firm’s Private Equity and M&A practice (PEMA). Based in London, Fumo has risen through the ranks in the firm over the last eight years developing the PEMA practice Fumo brings more than 20 years of advisory experience with private equity funds, venture capital, […]

PELive Deal Summit: PE investors find value in healthcare

With devastating lockdowns and the ever-present threat that Covid-19 continues to pose, the ability to cater to a population’s healthcare needs has become top priority for governments and companies alike, a trend that accelerated in 2020 and will reverberate for decades to come At a time when demand exceeds supply of this most life-sustaining commodity, […]

Dillon Eustace appoints Partner in Asset Management and Investment Funds team

Dillon Eustace has appointed Colman O’Loghlen as a Partner in the firm’s fourteen-partner strong Asset Management and Investment Funds team. Colman specialises in advising firms on regulatory and structural issues relating to the establishment, and management of all types of investment fund structures. Prior to re-joining Dillon Eustace in February 2021, Colman spent just under […]

UAE’s first independent digital banking platform launches

The first independent digital banking platform in the United Arab Emirates launched on Sunday, a neobank hoping to become a leader in the Middle East, Africa and South Asia Dubai-based YAP does not have a banking licence itself but has partnered with RAK Bank which provides international bank account numbers for YAP users and secures […]

Aon’s $30 billion bid for insurance broker Willis hits EU antitrust hurdle

Aon will face a list of objections by the EU’s antitrust watchdog which it must overcome with concessions to proceed with its $30 billion bid for Willis Towers Watson. The negotiations may derail Aon’s goal of closing the deal in the first half of the year unless it offers concessions in the coming weeks to […]

TC Energy, ex-Columbia Pipeline execs must face lawsuit over $10 billion deal

TC Energy Corp and two former Columbia Pipeline Group Inc executives must defend against a lawsuit claiming the companies’ $10 billion merger in 2016 shortchanged Columbia investors, a Delaware judge ruled on Monday Vice Chancellor Travis Laster of the Delaware Chancery Court refused to dismiss the lawsuit by former Columbia shareholders, led by the Public […]

Blackstone Announces Appointment of Iain Conn, former Centrica CEO, as Senior Advisor for Energy and Sustainability Investing

Blackstone today announced the appointment of former Centrica CEO, Iain Conn, as a Senior Advisor for energy and sustainability investing. Conn will bring his deep knowledge of the energy sector, climate and sustainability to advise across the firm’s infrastructure and energy businesses. Commenting on the appointment, Sean Klimczak, Global Head of Blackstone Infrastructure Partners said: […]

Rolls-Royce picks ex-Deloitte partner Kakoullis as finance chief

Panos Kakoullis’s appointment as the company’s finance chief will be announced early this week Rolls-Royce Holdings, the FTSE-100 engineering group, will this week name a former Deloitte partner as its next finance chief as it tries to navigate through the headwinds of the COVID-19 crisis. Last year, the company raised £5bn in debt and equity, […]