US Leadership Summit


KKR to acquire 37% of Global Atlantic for $2.7bn

TOP STORY: KKR and Global Atlantic Financial Group LLC have announced a definitive agreement under which KKR will acquire the remaining 37% stake of leading insurance company Global Atlantic, increasing KKR’s ownership to 100%. The total cash purchase price is currently estimated to be approximately $2.7 bn.

New State Capital Partners acquires Agility Recovery Services

New State Capital Partners, a middle-market private equity firm that partners with entrepreneurially minded management teams, has acquired Agility Recovery Services. Terms of the transaction were not disclosed. New State initially invested in AFIMAC in August 2022.

Rainier Partners adds United Carpet to portfolio

Rainier Partners and its portfolio company, SCI Flooring have added  United Carpet to the firm’s flooring platform. United Carpet is a full-service floor covering provider serving customers in the multi-family, commercial, and residential markets.

Ardian, Saudi PIF to acquire 25% stake in Heathrow

Ardian has entered into an agreement to acquire a 15% stake in FGP TopCo, the holding company of Heathrow Airport Holdings Ltd, from Ferrovial S.A. Under the terms of the agreement, infrastructure funds managed and advised by Ardian will acquire 15% while Saudi Arabia’s Public Investment Fund will acquire 10%

Blackstone to acquire Rover in $2.3bn deal

Blackstone is set to acquire Rover Group, Inc, the world’s largest online marketplace for pet care, in an all-cash transaction valued at approximately $2.3bn. 

Pictet acquires controlling interest in Pareto

Pictet Alternative Advisors, the alternative investment business of Pictet Group, has announced its first investment through its new direct private equity team, acquiring a controlling interest in facilities manager Pareto FM.

ECI Partners invests in SaaS business

ECI Partners, a growth-focused mid-market private equity firm, has invested in, a SaaS Information Security Management System. The deal provides a full realisation for Cow Corner, an investor focussed on UK services and software businesses, following a successful four-year investment partnership.

NVM exit delivers 4.2x return

NVM Private Equity has sold its stake in Reading-based Pareto FM, an ESG-driven provider of technical and facilities services to the built environment, in a deal that achieved a 4.2x return for its investors.

777 still short on funds to buy Everton FC

777 Partners, the US based investment firm, is still raising funds to close the deal it signed to months ago to acquire Everton FC, according to a report by Forbes. 


28 February, 2024 – 8:30 am

Directory Listings

Talk to Us

What would you like to talk with us about? *