European private equity firm Astorg, is to acquire a 51% stake in Sofico, a provider of software solutions & services for the automotive leasing and mobility industry, with company founders Gémar Hompes and Piet Maes and investor Apheon, all significantly reinvesting in the business.
Prima Assicurazioni, an insurance start-up backed by some of the world’s largest private equity firms including Blackstone, is looking to sell minority stake to an investor to raise fresh cash for the business, according to a report by Reuters.
Global private equity firm OpenGate Capital is to acquire Canadian entertainment and media company Cineplex’s Player One Amusement Group division for a total transaction value of CAD155m, subject to certain closing adjustments, with the deal expected to close in early 2024.
LaLiga clubs have received a total of €1bn to invest in infrastructure projects as part of the league’s ‘Impulso’ investment deal with $155bn private equity firm CVC Capital Partners, according to a report by SportsProMedia.
Global investment firm Carlyle is to make a majority investment in GBTEC Software AG and affiliates, a provider of business process management and governance, risk and compliance software.
New Mountain Capital, a growth-oriented investment firm with over $45bn in assets under management, is to acquire Broadcast Music, Inc, the music licensing agency that represents hundreds of thousands of songwriters, including Taylor Swift, Dolly Parton, Kendrick Lamar and Lady Gaga,
A private equity-consortium led by Permira and Blackstone, has secured a record €4.5bn from private credit funds to help fund the acquisition of Adevinta in a deal that values the European classified ads company at around €14bn, according to a report by Bloomberg.
Waterland Private Equity is selling its majority stake in Netrics, a Swiss workplace and cloud service provider, to Bregal Unternehmerkapital. Financial terms of the deal, which is expected to close by year-end, have not been disclosed.
Middle market private equity firm One Equity Partners is to acquire TechnipFMC’s Measurement Solutions business, a provider of liquid meters, integrated load management metering systems and related digital solutions involved in materials transfer through infrastructure, from TechnipFMC.
28 February, 2024 – 8:00 am