PE Tech Report

Deals & Transactions

Ardian to acquire European waste management platform Attero

Ardian, a $150 billion private equity, real assets and credit manager, has signed an agreement to acquire 100% of European waste management and circular economy platform Attero. Headquartered in Wilp, the Netherlands, Attero is a Dutch operator of energy-from-waste, plastics recycling, biomethane production, and inert mineral depository facilities, processing 3.6mt

Maven realises successful exit from Blacktrace Group

UK private equity firm Maven Capital Partners has realised its investment in the scientific instrument developer Blacktrace Group with a strategic sale to US life science tools corporate Unchained Labs. The sale represents Maven’s third profitable exit in 2023, having earlier in the year sold Hedgehog Lab, a mobile app

IMM invests in South Korean electrical battery maker

South Korean private equity firm IMM Credit & Solutions is investing in Choil Aluminium, a South Korean maker of electric vehicle battery components, according to a report by Evertiq. IMM, which is wholly owned by Korea’s private capital manager IMM Holdings Inc, will invest around $23.4 million in Choil, aimed

Bain Capital buys 90% of Adani Capital and Adani Housing

Bain Capital is acquiring 90% of Adani Capital and Adani Housing, in a deal which will buy out 100% of the Adani family’s private investments in the company. Gaurav Gupta, CEO and managing director, will retain his stake and will continue to lead the company. Bain has also committed $120

Inflexion Private Equity agrees DWF Group acquisition

Inflexion Private Equity Partners is buying UK-listed global law firm DWF Group in a recommended all-cash offer for £342 million, according to a report by Marketwatch. DWF shares rose 13% following the announcement on Friday. Its price had earlier risen after the legal and business services provider DWF and London-based

KKR closes in on specialist chemical maker Chase

KKR is nearing a deal to acquire chemical maker Chase for approximately $1.3 billion including debt, according to a report by the Wall Street Journal. The specialist chemical manufacturer – which has a market capitalization of $1.18 billon – gained 3% this week on the back of reports of a

Glow Capital Partners buys stake in uniform maker Cargo Crew

Glow Capital Partners has taken a 51% stake in Australian hospitality uniform brand Cargo Crew, in the first deal for the Sydney-based private equity firm’s Glow Growth Fund I. Glow Capital was established in 2021 by former Quadrant Private Equity managing partner Justin Ryan, and Quadrant portfolio company Adore Beauty’s

Andera Partners leads funding for medical device firm BioVentrix

Paris-based private equity firm Andera Partners is leading a $48.5 million financing round for medical device company BioVentrix in an investor syndicate that includes Cormorant Asset Management, Taglich Brothers Inc., Squarepoint Capital, and Richmond Brothers. BioVentrix is developing minimally invasive therapies to directly treat the dilated left ventricle and reverse

CVC and Francisco Partners table bid for Network International

A private equity consortium including CVC Capital Partners and Francisco Partners has made a “preliminary and conditional” bid for emerging markets-focused payments company Network International, according to a report by Private Equity News. Shares in Network International closed up 23.1%, or 56½p, at 300p, valuing the company at £1.6 billion,

Sweden’s EQT in talks with Dechra over cash bid

Swedish private equity firm EQT is in talks with Dechra Pharmaceuticals over a possible £4.6 billion cash bid, in a deal backed by the Abu Dhabi Investment Authority, according to a report by The Times. A takeover of Dechra, the FTSE 250 veterinary drugs company, would cap a rollercoaster period for

Events

14 November, 2024 – 5:00 pm

Directory Listings