PE Tech Report

Private Equity

Guy Hands

Guy Hands steps down as head of Terra Firma

Guy Hands is stepping down as chief investment officer and chair at Terra Firma Capital Partners, with the firm now set to be led by Paul Hatter as COO and Hands’ son Richard Hands as Managing Director responsible for residential investments and new deals, according to a report by the

Inflexion Private Equity agrees DWF Group acquisition

Inflexion Private Equity Partners is buying UK-listed global law firm DWF Group in a recommended all-cash offer for £342 million, according to a report by Marketwatch. DWF shares rose 13% following the announcement on Friday. Its price had earlier risen after the legal and business services provider DWF and London-based

Blackstone reaches $1 trillion despite Q2 earnings slide

Blackstone has been confirmed as the first alternative investment manager to reach $1 trillion in assets, three years ahead of schedule, according to a report by Reuters. The milestone was achieved despite the firm seeing its Q2 distributable earnings slide by 39% – from $2 billion the previous year to

KKR closes in on specialist chemical maker Chase

KKR is nearing a deal to acquire chemical maker Chase for approximately $1.3 billion including debt, according to a report by the Wall Street Journal. The specialist chemical manufacturer – which has a market capitalization of $1.18 billon – gained 3% this week on the back of reports of a

CVC

CVC closes biggest buyout fund in history

CVC has closed its CVC Capital Partners IX Fund at €26 billion, making it the largest-ever buyout fund, attracting strong demand from new and returning institutional investors.

KKR’s new leaders plan to double earnings over five years

US private equity giant KKR’s co-CEOs are aiming to double earnings over the next five years, as founders Henry Kravis and George Roberts prepare to hand over control of the firm, according to a report by the Wall Street Journal. Under CEOs Joseph Bae and Scott Nuttall, who took the reins from

Polaris takes majority stake in Nordic automated packaging supplier

Copenhagen-based mid-market private equity investor Polaris has acquired a majority shareholding in Sealing System, a Scandinavian supplier of intralogistics and full-scope automated packaging and palletizing lines. Established in 1998 in Grindsted, Denmark, Sealing System offers complete, automated end-of-line and intralogistics solutions, which optimise processes and production while ensuring efficient track

Oil rig

Apollo nearing takeover talks with John Wood Group

US private equity group Apollo is said to be close to opening talks with oil and gas engineering company John Wood Group regarding a £1.66 billion takeover, according to a report by The Times. YOU NEED TO LOGIN TO SEE THE CONTENT​ Username or Email Address Password Remember Me Log

Carlyle Group emerges as potential Man Utd bidder

The Carlyle Group has emerged as a potential new bidder for Manchester United, as the ongoing sale of the English Premier League club goes to a third round, with rival bids from former Qatar prime minister Sheikh Jassim bin Hamad al-Thani and Ineos owner Sir Jim Ratcliffe, and interest from US

Tech-focused VC Runa Capital opens Paris office

Luxembourg-based global venture capital firm Runa Capita has opened a Paris office. Max Corbani, who recently joined Runa Capital as a Senior Associate, will lead the growth of its investment focus in the French startup ecosystem. 

Events

05 June, 2024 – 8:30 am

Directory Listings