Investcorp acquires leading SaaS based e-commerce solutions provider, Unilog
Investcorp today announced that it has entered into an agreement to acquire Unilog, a leading Software as a Service (SaaS) based e-commerce solutions provider to small and medium businesses based in the United States. Investcorp’s capital backing is expected to support further platform innovation and customer acquisition. Terms of the transaction were not disclosed. Unilog […]
CVC Capital Partners Is Said to Mull Sale of Resins Group AOC
Buyout firm could seek at least $2 billion in sale of business. CVC has built resins business through string of acquisitions CVC Capital Partners is weighing the sale of its composite-resins business AOC, according to people familiar with the matter. The private equity firm is working with an adviser to explore options for AOC, said […]
Birkenstock in Talks for $5 Billion Sale to CVC Capital
(Bloomberg) — Birkenstock, the German company behind the iconic sandals worn by hippies and preppies alike, is in talks to be taken over by CVC Capital Partners, according to people familiar with the matter. The private equity firm is in advanced negotiations with the family owners of the nearly 250-year-old brand, according to the people, […]
Blackstone-backed waste company Beauparc in takeover talks
Blackstone looking to sell its stake in Beauparc, which owns Panda and Greens. The largest waste company in the Republic of Ireland, Beauparc Utilities, has attracted takeover approaches from dozens of private equity firms after its minority shareholder, Blackstone, set about putting its stake on the market late last year, according to sources. The approaches […]
Citrix Is in Talks to Buy Vista’s Wrike for $2 Billion-Plus
Deal for work-management platform could be reached this week. Vista invested in Wrike at an $800 million valuation in 2018. Citrix Systems Inc. is in advanced talks to buy the work-management platform company Wrike Inc. for more than $2 billion, according to people familiar with the matter. A deal for Wrike, owned by the technology-focused […]
CVC Growth Fund exits Kount in USD640 million deal
CVC Capital Partners’ (CVC) CVC Growth Fund is to sell Kount Inc (Kount), a provider of Artificial Intelligence (AI)- driven fraud prevention and digital identity solutions, to global data and analytics company Equifax in a deal valued at USD640 million. The transaction, which is expected to close in the first quarter of 2021, and is […]
Blackstone in talks to buy Butlin’s owner Bourne Leisure
Private equity group makes bets on UK groups in industries hit hard by pandemic. Blackstone is in talks to buy Bourne Leisure, which runs the Butlin’s and Haven holiday parks, in a deal that could value the business at about £3bn, two people familiar with the matter said. The deal would see the US private […]
LendingPoint Secures $125 Million Growth Investment From Global Private Equity Firm Warburg Pincus
LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Thursday it secured a $125 million growth investment from global private equity firm, Warburg Pincus. Founded in 2014, LendingPoint explained that it is committed to redefining who is able to access money at fair rates, and empowering consumers to build financial momentum. “[LendingPoint] uses […]
Golden Gate Weighs Sale of Mavis Tire Centers Business
Mavis Express Tire Services could fetch up to $6 billion. Auto-service chain generates Ebitda of about $360 million Golden Gate Capital is considering a sale of its Mavis Express Tire Services business that could value the company at as much as $6 billion, according to people familiar with the matter. The San Francisco-based investment firm […]
PACKAGING LEADER TRICORBRAUN GETS NEW PRIVATE EQUITY OWNER
TricorBraun has entered into a definitive stock purchase agreement with funds managed by Ares Management Corporation’s Private Equity Group and Ontario Teachers’ Pension Plan Board. Ares and Ontario Teachers’ will acquire a majority interest in the Company. TricorBraun’s management team, including Executive Chairman Keith Strope and President and CEO Court Carruthers, will continue to lead […]
