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Deals

PE majors eye Grant Thornton stake

Private equity heavyweights CVC Capital Partners and KKR are reportedly showing interest in acquiring a stake in the UK arm of Grant Thornton, the sixth-largest accounting firm in Britain, according to a report by the Financial Times.

EQT to acquire majority stake in software firm AMCS

EQT Private Equity is to acquire a majority stake in AMCS, a provider of cloud-based and AI-enabled planning, performance, safety and sustainability-focused software for waste management, recycling and other resource-intensive industries.

Francisco Partners sells QGenda to Hearst

Francisco Partners, a San Francisco-based investment firm that focuses on technology and healthcare businesses, is to sell portfolio company QGenda to Hearst. Terms of the transaction have not been disclosed.

Innova Capital acquires majority stake in Tutore group

Innova Capital has acquired a majority stake in Tutore group, Poland’s largest private education platform operating under the eTutor, ProfiLingua and Tutore brands. The deal also included the acquisition of the International Language Institute and ESL Brains.

Chinese property co Logan Group secures $1bn private credit loan

A consortium of private credit and private equity firms including Davidson Kempner Capital Management and RRJ Capital have provided a $1bn private loan to Logan Group Co to allow the distressed Chinese property developer to refinance an existing credit facility, according to a report by Bloomberg.

KKR eyes $500m private debt package to fund FGS deal

Global private investment major KKR is negotiating a $500m private debt facility with lenders to support its proposed acquisition of a 50% stake in communications firm FGS from British advertising agency WPP for $775m, according to a report by Bloomberg.

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