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Awards

The winners of the Private Equity Wire US Credit Awards 2024, which recognise fund performance and service provider excellence across credit funds, were announced at an exclusive ceremony and networking event today (12 September), at Covene, 101 Park Avenue, New York.

Intel

TOP STORY: North American private equity firm Atlas Partners is to make a $1bn investment in Sedgwick, a global provider of insurance claims management, loss adjusting and technology-enabled business solutions, in a deal that values the business at $13.2bn.

Intel

Intermediate Capital Group Plc (ICG), the €101bn London-headquartered private equity firm, has secured €15.2bn ($16.8bn) for its latest European direct-lending fund, making it the largest fund of its kind in the region, according to a report by Bloomberg.

Intel

Bain Capital and Parthenon Capital are in discussions to sell a minority stake in healthcare technology company Zelis in a deal that could value the firm at around $17bn, according to a report by Bloomberg.

Intel

Swedish private investment firm EQT has agreed to acquire a controlling stake in GeBBS, a global provider of healthcare outsourcing solutions, from ChrysCapital. While financial terms of the deal have not been disclosed, reports suggest a purchase price of over $850m.

Intel

The Aston Martin Formula One team is on the verge of a stake sale to two US-based private investment funds – venture capital firm Accel Partners and private credit manager HPS Investments Partners – in a deal that could value the team at between £1.5bn and £2bn, according to a report from Sky News.

Intel

HPS Investment Partners, the private credit manager spun out of JPMorgan Chase & Co in 2016, has opened discussions with potential investors about an initial public offering at a valuation of over $10bn, according to a report by Bloomberg.

Intel

Park Square Capital, a European private credit specialist, has successfully raised €3.4bn ($3.8bn) for its latest direct-lending fund, European Loan Partners II, which will lend to private equity-owned mid-market businesses across Europe, according to a report by Bloomberg.

Intel

Private equity firms HIG and CapVest have joined the competition to acquire AAH Pharmaceuticals, the UK’s largest pharmacy wholesaler, which has been put up for sale just three years after being acquired by German PE firm Aurelius, according to a report by the Financial Times.

Intel

Private equity firm Clearlake Capital, the co-owner of Chelsea Football Club, has finalised a deal to acquire a credit investment unit from Natixis, marking its entry into the booming $1.7tn private credit sector, according to a report by the Financial Times.

Events

12 September, 2024 – 8:30 am

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