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Intelligence

KSL Capital makes two senior hires

KSL Capital Partners, a private investment firm focused on travel and leisure businesses, has made two senior hires – Ana Goizueta has joined the firm as head of investor relations and marketing, and Nolen Taylor has joined as chief financial officer.

Qualtrics logo

Silver Lake bids $12.4bn for survey software firm

US private equity group Silver Lake, in partnership with the Canada Pension Plan Investment Board (CPPIB), Canada’s largest pension fund, has made a $12.4 billion offer to acquire experience management software company Qualtrics, according to a report by the Financial Times.

GA partners with Abu Dhabi wealth fund

General Atlantic has teamed up with with Abu Dhabi wealth fund ADQ and International Holding Co (IHC), the biggest listed company in the emirate, to form a new venture which, according to ADQ, will be the region’s largest multi-asset class alternative investment manager.

Carlyle sells aviation services firm

Funds managed by global investment firm Carlyle are to sell PrimeFlight Aviation Services (PrimeFlight), a provider of essential aircraft, passenger, and security-related services to commercial airline, airport, cargo, and general aviation customers, to Capitol Meridian Partners and The Sterling Group.  Financial terms of the transaction, which is expected to close

Permira measures up Italian clothing firm

Private equity firm Permira has been granted access to the books of Gruppo Florence, a hub of Italian clothing manufacturers that supply top luxury brands, as it considers making an offer to acquire the business, according to a report by Reuters. Unnamed Reuters sources have confirmed that Gruppo Florence is

TPG consortium acquires Malaysia medical school

A consortium jointly led by private equity firm TPG’s global impact platform The Rise Fund, and Malaysian conglomerate Hong Leong Group, has secured regulatory approval to acquire the International Medical University (IMU) in Kuala Lumpur for 1,345 million Malaysian ringgit ($306 million), according to a report by Deal Street Asia.

Dextra names ex-Blackstone VP as CFO

Dextra Partners, a multi-strategy private equity firm focused on the middle market, which launched earlier this year with $2.5 billion of investable capital, has appointed former Blackstone vice president Alisa Makhlis as chief financial officer.

Subway outlet

Goldman Sachs has Subway appetite

Goldman Sachs Group Inc’s asset management arm has joined a list of private equity suitors interested in acquiring US-based sandwich chain Subway, which has an estimated price tag of around $10 billion, according to a report by Sky News.

CDP and Macquarie bid for KKR target

Italian state investor CDP has teamed with Australian asset management group Macquarie to submit a joint bid to acquire Telecom Italia’s fixed-line network, rivalling an offer made last month by KKR, according to a report by Reuters.

KKR exits Malaysian helicopter co

KKR & Co has exited its investment in Malaysia’s Weststar Aviation through a sale of its 21% stake in the business to the helicopter service company’s parent Weststar Group. Weststar Group is now Weststar Aviation’s sole shareholder.

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