Blackstone has reported stronger-than-expected earnings for the fourth quarter of last year, fuelled by a resurgence in dealmaking and early signs of stabilisation in the troubled commercial real estate sector, according to a report by Reuters.
Private equity giant KKR has taken a 12% stake in Henry Schein and reached an agreement to add independent directors to the company’s board, the medical and dental supplies distributor announced Wednesday, according to a report by the Wall Street Journal.
Bain Capital Private Equity has submitted a proposal to acquire the remaining 61% of shares in Surgery Partners that it does not already own, at $25.75 per share, giving the surgical facility operator a value of $3.2bn, according to a report by Reuters.
Private equity giant KKR has emerged as a key player in the race to acquire Cubico Sustainable Investments, a UK-based renewable energy firm valued at approximately $6bn, including debt, according to a report by Reuters.
Private equity firm EIG Global Energy Partners is set to cash in on its stake in Maverick Natural Resources through a $1.28bn deal with US-based Diversified Energy Company, marking a significant move in the energy sector, according to a report by Reuters.
Swedish private equity giant EQT Partners has reported €11bn in exit proceeds for 2024, a 72% increase from the prior year, signalling a recovery in private equity activity after a period of subdued exits, according to a report by the Financial Times.
Shares of Insignia Financial surged to a three-year high on Thursday after US-based private investment giant Bain Capital matched a revised takeover offer of AUD3.07bn ($1.92bn) from rival buyout firm CC Capital Partners, according to a report by Reuters.
Thoma Bravo has closed its largest credit fund to date, Credit Fund III, securing $3.6bn in total available capital, including anticipated leverage. The fund will focus on senior secured debt investments in sponsor-backed software companies.
Mitsubishi Chemical Group has selected US investment firm Bain Capital as the preferred bidder for its pharmaceutical subsidiary, Tanabe Mitsubishi Pharma, in a potential deal worth in excess of $3bn, according to a report by Reuters.
Kantar Group has agreed the sale of its media measurement and analytics unit, Kantar Media, which operates in over 60 markets and employs more than 4,500 people globally, to private equity firm HIG Capital in a deal valued at approximately $1bn, according to a report by the Wall Street Journal.