PE Tech Report

Intel

Willkie opens Dallas office and adds three new Partners

Law firm Willkie Farr & Gallagher has opened a new office in Dallas, which will be supported by a team of seven Partners, three of whom have just joined the business – Tom Tippetts, Brandon McCoy and Chase Proctor.

Vistra secures license to deliver fund admin services from Ireland

Vistra has secured authorisation from the Central Bank of Ireland to provide fund administration services from Ireland. To support the expansion, Vistra Funds Services (Ireland) has appointed Aimee Gill, CEO and Head of Fund Accounting; Paul McDonald, Head of Investor Services; and Jacqueline Evbodaghe, Head of Risk and Compliance.

PE firm Cap10 appoints new Partner

Cap10, a specialist pan-European private equity firm based in London, has appointed Luca Bonanomi as Partner. Bonanomi has spent the last decade at Blackstone, most recently as a Managing Director in the firm’s private equity group.

Paramount in talks with Sony and Apollo over acquisition

Paramount, the owner of MTV, Nickelodeon and Paramount Pictures will open negotiations with a bidding group led by Sony Pictures Entertainment and private equity giant Apollo Global after its exclusivity period with Hollywood studio Skydance ended on Friday, according to a report by The New York Times.

Peloton shares surge as news of PE buyout interest breaks

TOP STORY: Shares in Peloton soared by as much as 18% on Tuesday after CNBC reported that several private equity firms are considering a buyout of the connected fitness company, which is looking to refinance its debt and return to growth after 13 consecutive quarters of losses.

Ironbridge exits Advance Engineered Products

Ironbridge Equity Partners has sold Advance Engineered Products, a manufacturer of tank trucks, trailers and vacuum truck equipment, to an entity controlled by TerraVest Industries.

Vision Ridge Partners appoints Head of Europe

Global sustainable real assets investor Vision Ridge Partners has appointed Ramzi Moubarak, a former Managing Director on Macquarie Capital’s infrastructure and energy capital team in Europe, as a Managing Director and Head of Europe, effective immediately.

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