Swedish private equity firm EQT has agreed to acquire the Spanish business of Norwegian classified advertising giant Adevinta in a deal valuing the assets at approximately €2bn ($2.3bn), as Adevinta moves to streamline its European portfolio, according to a report by Reuters.
Private equity giant Blackstone has withdrawn from a consortium led by Susquehanna International Group and General Atlantic aiming to acquire TikTok’s US operations from parent company ByteDance, according to a report by Reuters.
Advent International has agreed to acquire a majority stake in Reckitt’s Essential Home division in a deal valued at $4.8bn, including debt, marking one of the largest private equity transactions in the consumer sector this year, according to a report by Reuters.
Swedish private equity giant EQT AB delivered a strong first-half performance for 2025, with adjusted EBITDA rising 32% year-on-year to €806m, driven by a sharp rebound in exit activity and solid fund performance across the board, according to a report by Bloomberg.
Blackstone is set to invest $25bn in a large-scale infrastructure push across Pennsylvania, focused on developing co-located data centres and natural gas power plants, according to a report by Bloomberg citing President and COO Jon Gray.
Private equity giants Advent International and KKR are preparing for a major liquidity event as their portfolio company NIQ Global targets a valuation of up to $7.3bn in its upcoming US IPO, according to a report by Reuters.
Brookfield Asset Management, Stonepeak, and Air Liquide have been shortlisted by Macquarie Asset Management for the final bidding round in the sale of South Korean industrial gas producer DIG Airgas, according to a report by Reuters citing unnamed sources familiar with the matter.
Wall Street banks including JPMorgan Chase and UBS have begun pitching a $4.25bn debt financing package to investors to support private equity firm Sycamore Partners’ buyout of UK pharmacy chain Boots, according to a report by Bloomberg.
Entries are closing tomorrow (11 July) for the Private Equity Wire® US Awards 2025, which celebrate excellence across North America’s private equity industry, but there’s still time to submit your entry…
STORIES OF TRANSFORMATION: In our latest instalment, we are joined by Ambienta Partner Giancarlo Beraudo to discuss the recent sale of digital transaction management firm Namirial to Bain Capital and the value creation achieved during the investment period.