Financial Services Capital expands Investor Relations function

Financial services specialist private equity firm appoints Geraldine Kieren 17 October 2022 – Financial Services Capital LLP (“FSC”), the private equity investor dedicated to the European financial services sector, has appointed Geraldine Kieren as Vice President, Investor Relations. Geraldine joins from Aksia, where she was a Portfolio Advisor on Private Markets, supporting the firm’s efforts […]
Australia’s Westpac taps JP Morgan for Tyro Payments takeover

Australian lender Westpac Banking Corp has roped in investment bankers from U.S. banking giant JP Morgan to advise it on a bid to buy payment terminals firm Tyro Payments Ltd, the Australian Financial Review reported on Monday. Australia’s top two lenders, Commonwealth Bank of Australia and National Australia Bank, have also been understood to have […]
One Equity Partners to acquire Amey plc

One Equity Partners (OEP), a middle market private equity firm, is to acquire UK‐headquartered engineering consultancy and infrastructure services provider Amey plc from Ferrovial, SA. Amey’s core markets are transport infrastructure and government buildings, and its competencies cover engineering and systems design, data science, analytics and digitalisation and a broad range of technical and more […]
Insight Partners to acquire stake in software firm Aptean

New York-based private equity and investment firm Insight Partners will acquire a minority stake in Aptean. Financial details on the deal were not disclosed but the minority stake would value the company at about $3.55 billion, according to a source familiar with the matter. Charlesbank Capital Partners, a private investment firm that joined TA Associates […]
Airwallex maintains $5.5B valuation with $100m Series E extension

Airwallex, a global fintech platform, has closed its $100 million Series E extension (Series E2) with the same $5.5 billion valuation, securing additional funds from existing investors Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures and Tencent. HostPlus, an Australian industry superannuation fund, as well as a leading North […]
Clearlake Capital acquires Ticket Evolution through VictoryLive platform

Clearlake Capital Group and Clearlake operating advisor Sam Soni have acquired Ticket Evolution Inc (Ticket Evolution), an end-to-end software provider for the event ticketing industry. The acquisition was completed through Victory Live, an event management and ticketing technology platform backed by Clearlake and Soni, who is a specialist in the multi-billion-dollar premium ticket and sports […]
Advent International and Wilbur-Ellis merge of Caldic and Connell

Global private equity investor Advent International (Advent), and Wilbur-Ellis, one of the largest family-owned companies in the world, are to merge their life sciences and specialty chemicals solutions businesses, Caldic BV (Caldic) and Connell. Caldic, a global provider of specialty ingredients and chemicals for the life sciences and industrial formulation markets with a major presence […]
Carlyle weighs sale of Gabon oil and gas producer Assala

Private equity group launches review of business in latest sign dealmaking in sector may be on the rise Carlyle Group is weighing a sale or merger of its Gabon-focused oil and gas producer Assala Energy in the latest sign that high commodity prices may be ushering in a new period of dealmaking in the oil […]
Top Gun producer Skydance valued at $4B after KKR-led investment

Cash injection of $400mn for studio behind ‘Top Gun: Maverick’ defies gloom in public entertainment groups Skydance Media, the Hollywood production company behind the blockbuster Top Gun: Maverick, has received a cash injection of $400mn led by KKR. The investment, which also included existing shareholders the Ellison family, RedBird Capital Partners and Tencent, gives Skydance a […]
Sunstone Partners raises $925m for Fund III

Sunstone Partners, a growth-oriented private equity firm, has held the final institutional close of its oversubscribed $925 million third fund, Sunstone Partners III (Fund III), at its hard cap. Fund III, which more than doubles the total committed capital managed by Sunstone Partners, is the firm’s largest fund to date and brings total committed LP […]