Silver Lake-backed HR platform provider First Advantage files for a $100 million IPO
First Advantage, which provides technology solutions for human capital management, filed on Friday with the SEC to raise up to $100 million in an initial public offering. First Advantage is a leading global provider of technology solutions for screening, verifications, safety, and compliance related to human capital. Its comprehensive product suite includes Criminal Background Checks, Drug/Health […]
Events group Hyve in talks with Carlyle about £250m PIPE dream
One of the London stock market’s largest exhibition groups is in talks about a big capital injection that would further underline an ongoing frenzy of private equity interest in UK plc. Sky News has learnt that Hyve Group is in preliminary discussions with Carlyle about a so-called private investment in public equity – or PIPE […]
Raymond James Financial to acquire private equity advisor Cebile Capital
Raymond James Financial, Inc. announced today that it has reached an agreement to acquire Cebile Capital, a leading private fund placement agent and secondary market advisor to private equity (PE) firms. The transaction is subject to certain regulatory and other closing conditions. The addition of Cebile Capital to the firm’s Investment Banking division deepens relationships […]
Riello Investimenti Partners expands into Venture Capital
Riello Investimenti Partners Sgr expands into Venture Capital. The launch of this new asset class – which joins Private Equity and Private Debt – takes place through the promotion of Linfa Ventures, the first venture capital fund in Italy focused on investments in innovation in the agro-food chain. This is the most important sector of […]
MSA Safety acquires Alle-Kiski Valley-based Bacharach in $337M deal
Global safety equipment maker MSA Safety is expanding its gas detection business with the $337 million acquisition of Alle-Kiski Valley-based Bacharach, the companies announced. MSA, headquartered in Cranberry, plans to complete the acquisition of Bacharach and its affiliated companies from FFL Partners, a San Francisco-based private equity firm, in early July. When asked how the acquisition might affect […]
GAW COMPLETES $430M FINAL CLOSING OF ASIA-FOCUSED PROPTECH FUND
Gaw Capital Partners on Friday announced the final closing of its proptech-oriented Gaw Growth Equity Fund I, bringing total equity raised for the fund (including co-investments) to $430 million. Launched in late 2020, the investment vehicle backs high-growth, Asia-focused companies operating in proptech and operational businesses related to real estate. Minus the co-investment deals, the […]
Rockbridge Growth Equity closes RB Equity Fund II
Rockbridge Growth Equity Management (Rockbridge Growth Equity) has held a final closing on RB Equity Fund II, and RB Equity Fund II-A (collectively Fund II), a new USD345 million private equity fund. Fund II will focus on digital media & e-commerce, tech-enabled products & services, financial services and consumer services, sectors in which Rockbridge Growth […]
Senior rebuffs £700m takeover offer from Lone Star
Senior, the aerospace and defence company, has become the latest British company to attract the attentions of a private equity buyer. Shares in the FTSE 250 group soared on Friday after US-based Lone Star Global Acquisitions revealed that the company had rejected an all-cash takeover proposal valuing Senior at £738m. Lone Star’s investment vehicle, LSF […]
Kier completes £110m sale of housing arm to private equity buyer
Kier has completed the sale of its housing business paving the way for its £241m equity raise to be formally rubber-stamped next month. Earlier this month, the firm said it had finalized the equity raise less than nine hours after announcing it with the raise dependent on Kier formally completing the £110m deal to sell […]
KKR-Domain’s $3.1b offer upends PEXA process
KKR and its junior consortium partner Domain Holdings are trying to force a quick decision by the owners of electronic conveyancing group PEXA as it heads into the final stages of a dual-track strategic review, weighing up whether to offload the business in a trade sale, or float the entity onto the ASX. Link Group, the largest […]
