FORWARD FEATURES CALENDAR

Deals

Nordic eyes Temenos deal as rival bidders withdraw

Swedish private equity firm Nordic Capital is one of the last potential purchasers of Temenos AG after rival buyout firms including EQT AB, Thoma Bravo, and Permira pulled out of the running to acquire the Swiss banking software firm, according to a report by Bloomberg.

Morgan Stanley poised to acquire Sacyr waste management unit

Morgan Stanley Infrastructure Partners is in pole position to acquire Sacyr’s Valoriza Servicios Medioambientales waste management unit in a deal that could value the unit at close to €600 million ($644.8m) including debt, according to a report by Reuters.

Kohlberg & Company to acquire Riveron

Riveron, a US business advisory firm focused on the office of the CFO, private equity, and other capital providers, is to be acquired by affiliates of Kohlberg & Company with existing investor HIG Capital set to retain a minority interest. 

Hahn & Co to acquire medtech Lutronic in $735.9m deal

South Korea’s largest private equity firm Hahn & Company has signed definitive agreements with Haelyung Hwang, founder and CEO of medical device maker Lutronic to acquire all remaining shares of the company for a total consideration of KRW957.0 billion ($735.9 million).

Telecom Italia

KKR and rival CDP consortium to up TIM bids

KKR and a rival consortium led by Italian sovereign wealth fund CDP and Australian investor Macquarie are planning to submit improved offers for Telecom Italia’s (TIM) network ahead of a 9 June deadline, according to a report by Reuters.

PAG makes $200m investment in RK Pharma

Hong Kong-based private equity firm PAG is to make an investment of up to $200 million in RK Pharma Inc, a vertically integrated pharmaceutical company based in the US with subsidiaries in India. Terms of the deal have not been disclosed.

Bain Capital to acquire chemical co Porus Labs

Bain Capital Private Equity has acquired Porus Labs, a manufacturer of agricultural and speciality chemicals. Financial terms of the private transaction, which is subject to approval from the relevant authorities, have not been disclosed.

GrowthCurve Capital acquires HR software specialist Netchex

GrowthCurve Capital, a private equity firm the firm focused on investments primarily across the financial and information services, healthcare, and technology sectors, has acquired Hunan resources and payroll software specialist Netchex.

Bain Capital logo

Bain Capital makes $3bn Chindata take-private offer

Bain Capital has made an offer to take Chinese data centre operator Chindata Group private in a deal valuing the business at $2.93 billion, with the company’s shares jumping by 14% as result, according to a report by Reuters. 

BlackRock acquires private debt manager Kreos Capital

BlackRock Inc has accelerated the growth of its credit platform with a deal to acquire full control of Kreos Capital, a provider of growth and venture debt financing to companies in the technology and healthcare industries.

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