Not exact matches
In addition to catapulting EverFi into the ed tech big leagues, the fundraising round marks the debut
deal for lead investor Rise, a newly established social impact investing fund managed
by TPG Growth, a
private equity firm that has also backed Internet hotshots like Uber and Airbnb.
What's more, any big
deal that
private equity did, particularly any done
by his old
firm Bain Capital, would likely be subject to more media attention then ever.
(Staples recently said it would be acquired
by private equity firm Sycamore Partners for $ 6 billion in a
deal set to close in the coming weeks.)
(Last night, office supplies retailer Staples (spls) said it was being bought
by private equity firm Sycamore Partners, a year after its own mega
deal to buy smaller rival Office Depot failed to win over regulators.)
CNBC's Kate Rogers reports on Verifone to be acquired
by a group led
by private equity firm Francisco Partners for $ 3.4 billion in an all - cash
deal.
San Antonio - based Rackspace was itself acquired
by private equity firm Apollo Global in a $ 4.3 billion
deal just over a year ago.
Last year,
private equity firm Centerbridge Partners LP entered the sector
by acquiring business software providers Syncsort Inc and Vision Solutions Inc from buyout
firm Clearlake Capital Group LP in a $ 1.26 billion
deal.
This week, Toms inked a
deal to sell half of itself to Bain Capital, the
private -
equity firm co-founded
by Mitt Romney that inspired a thousand attacks on the strategy of the leveraged buyout.
... Even
by the standards of Apollo, one of the world's largest
private equity firms, the previously unreported transaction with the Kushners was a big
deal: It was triple the size of the average property loan made
by Apollo's real estate lending arm... An even larger loan came from Citigroup, which lent the
firm and one of its partners $ 325 million to help finance a group of office buildings in Brooklyn.
Dell said on Feb. 5 it agreed to be acquired
by founder Michael Dell and
private equity firm Silver Lake in a
deal that values the computer maker at $ 24.4 billion.
The
firm has also been awarded «
Deal of the Year» twice
by the Canadian Venture Capital and
Private Equity Association (CVCA).
One of the biggest and costliest
deals so far this year was the acquisition of a stake in the Interactive Data Corporation, a financial market data company,
by two
private equity firms, Silver Lake and Warburg Pincus, according to Capital IQ, which tracks the industry.
Private equity firms may never get over the barbarians at the gate label brought on them
by the legendary RJR Nabisco
deal of 1988, but they are a critical part of the business ecosystem.
Accolade, which is 80 per cent owned
by private equity firm CHAMP, has installed a new general manager into the Grant Burge Wines business in Jeff Bond, who had been chief executive of Peter Lehmann Wines for five years until it was taken over
by Casella Wines in late 2014 in a $ 57 million buyout
deal.
Other
deals included the acquisition of luxury yacht maker Privilege Marine
by German
private equity firm Aurelius; Italian men's tailor brand Boglioli
by Spanish
private equity firm PH Asset Management; Douglas strengthened its foothold in Italy through the purchase of two perfume chains (Limoni and La Gardenia); US
private investors Rob Gough acquired streetwear brand DOPE and Charles Cohen acquired shoe brand Harrys of London, whilst US
private equity firm KPS Capital acquired Taylor Made Golf Company.
One of the issues that the article brings to light that I hadn't really thought about is that more and more
deals are being led
by company insiders and
private equity firms working together.
The
firm advised one of Asia's most prominent
private equity firms on a dispute relating to a former employee's termination of employment and their alleged entitlement to carried interest; EFG International's proposed acquisition of BSI Bank Singapore's
private banking business — a $ 1.3 bn (# 1bn)
deal that would form one of the largest
private banks in Switzerland; and a multi-million claim
by a former c - suite executive against Noble Group for unpaid dividends, bonuses, stock options and shares.
The consortium — led
by Chinese
private equity firms Hopu Investment Management and Hillhouse Capital Group, property developer China Vanke, Bank of China Group Investment and GLP chief executive Ming Mei — is set to privatise Singapore Exchange - listed GLP in what will represent one of the largest buyout
deals in Asia.
The January issue of the Legal IT Insider newsletter is out now, top stories include... Dealroom & extranet specialist HighQ receives $ 50 million in
private equity funding — Goldman Sachs and Morgan Stanley among the investors + Intapp acquires Rekoop and now has 70 % of UK law
firm time capture market + New Heads of IT at Macfarlanes — Andrew Powell headhunted from Nabarro as Maurice Millen retires + Edie Dillion promoted to global CIO at Norton Rose Fulbright + Ediscovery — the race is on to consolidate as
deals spur «feeding frenzy» among Silicon Valley investors & scrabble
by vendors not to be left behind + Zoopla GC Ned Staple Talks Tech: law
firms need better time & billing software — real - time billing portals would be helpful
Alex is co-head of the
firm's global financial sponsors sector and regularly advises
private equity houses and other financial sponsor clients on all types of
private equity transactions, including
private acquisitions, take -
privates, carve - outs, co-investments, consortium
deals and distressed acquisitions through to exit
by way of disposals, restructurings and IPOs.
Rackspace, which was taken
private in a $ 4.3 billion
deal in August 2016
by private equity firm Apollo Global Management, is reportedly in consideration for an IPO
by the
firm, according to a report b
Rackspace, which was taken
private in a $ 4.3 billion
deal in August 2016
by private equity firm Apollo Global Management, is reportedly in consideration for an IPO
by the
firm, according to a report
by Bloomberg.
The buyout was part of a vast wave of debt - enabled takeovers
by private equity firms from 2005 to 2007 that saw
deal prices soar to tens of billions of dollars.
The $ 26 billion leveraged buyout of Hilton Worldwide Holdings (HLT.N), carried out jointly
by Blackstone's real estate and
private equity funds in 2007, ended up being the most profitable
deal in the
firm's history.