Category Archives: Private Equity
Francisco Partners and KKR Agreed Minority Stakes in TeamSystem at Up to €10 Billion:
HedgeCo.Net — Francisco Partners and a buyer group that includes KKR have agreed to take minority stakes in Italian business-software provider TeamSystem from majority owner Hellma… Continue reading
Pinegrove Closed an Oversubscribed $1.5 Billion Strategic Investors Fund XII:
HedgeCo.Net — Pinegrove Venture Partners said on September 10 it held a final close of Strategic Investors Fund XII at $1.5 billion across Early and Scale strategies and described … Continue reading
L Catterton and Altas Agreed to Take a Majority Stake in Fullscript:
HedgeCo.Net — Fullscript announced on September 10 that L Catterton and Altas Partners agreed to acquire a majority stake from HGGC and Snapdragon Capital Partners. Terms were not … Continue reading
Apollo Closed a $9 Billion Minority Equity Investment in ONEOK:
HedgeCo.Net — ONEOK, Inc. (NYSE: OKE) announced on September 10 that it closed the previously announced $9 billion minority equity investment by funds and affiliates managed by Apo… Continue reading
Blackstone Agreed to Acquire Flow Control Holdings From Audax:
HedgeCo.Net — Blackstone Capital Partners and Blackstone Energy Transition Partners entered a definitive agreement on September 10 to acquire Flow Control Holdings (FCH) from Audax… Continue reading
Clay Raised $115 Million at a $7.1 Billion Valuation:
HedgeCo.Net — Clay, the New York–based AI go-to-market software company, said on September 9 it raised $115 million in a Series D at a $7.1 billion valuation, more than double the … Continue reading
MBK Partners Moved to Take Japan’s Sharingtechnology Private:
HedgeCo.Net — MBK Partners announced a plan to acquire Japanese online lifestyle and home-services platform Sharingtechnology Inc. (TSE Growth: 3989), with Nikkei Asia framing the … Continue reading
Peterson Partners Closed a $510 Million Kelso Continuation Vehicle:
HedgeCo.Net — Peterson Partners said on September 9 it closed a $510 million capital raise for Peterson Kelso Coinvest, LP, a single-asset continuation vehicle for Kelso Industries… Continue reading
Accel-KKR Agreed a Recommended 235 Pence Cash Offer for Eleco:
HedgeCo.Net — Eleco plc and Avocet Bidco Limited, a newly formed vehicle backed by Accel-KKR, announced a recommended all-cash offer of 235 pence per share on September 10, valuing… Continue reading
Thoma Bravo Made a Strategic Growth Investment in Tanda:
HedgeCo.Net — Thoma Bravo announced a strategic growth investment in Tanda, a Brisbane-based workforce management, payroll, and HR platform for shift-based employers that also oper… Continue reading
Renaissance Partners Agreed to Buy De Wave From Platinum Equity:
HedgeCo.Net — Italian private equity firm Renaissance Partners said it agreed to buy De Wave Group, a Genoa-based maker of interiors for yachts and cruise ships, from Platinum Equi… Continue reading
Cognition Raised Over $2 Billion at a $48 Billion Valuation:
HedgeCo.Net — Cognition said on September 8 it raised over $2 billion in a Series E at a $48 billion valuation. The company’s blog named new lead investors Andreessen Horowitz and … Continue reading