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prnewswire.com June 28, 2022

The Sterling Group Ranked No. 6 Out Of 517 Firms On 2021 Hec-dow Jones Mid-market Buyout Private Equity Performance Ranking

HOUSTON, June 28, 2022 /PRNewswire/ -- The Sterling Group ("Sterling"), a Houston-based, operationally focused middle market private equity firm, has been named to a list of top performing middle market private equity firms by HEC - Dow Jones. The study evaluated 517 global middle market...
Read by 49% of LPs

marketwatch.com June 24, 2022

Zendesk Nears Deal To Sell To Private-equity Firms

Zendesk Inc. is close to a deal with a group of buyout firms, according to people familiar with the matter, resurrecting a failed attempt to sell itself in what would be one of the biggest private-equity takeovers of the year.
Read by 78% of LPs

channelnewsasia.com June 23, 2022

Zendesk Nears Buyout Deal With Group Of Private Equity Firms - Sources - Cna

:Software company Zendesk Inc, which has a market value of over $7 billion, is close to a deal with a group of buyout firms that includes Hellman & Friedman LLC and Permira, people familiar with the matter said on Thursday. A deal could be struck in the coming days, they said. Zendesk's shares rose 41.5 per cent to $81.98 after the bell. The San Francisco-based firm, which has been under pressure from activist investor Jana Partners, said earlier this month it would continue as an independent public company after completing a review of its business.
Read by 70% of LPs

channelnewsasia.com June 17, 2022

Private Equity Industry Faces 'perfect Storm' As Market Turmoil Bites - Cna

BERLIN : Private equity investors gathered in Berlin at their annual get-together are fretting a season of record buyouts is drawing to a close after a week of market turmoil and recession fears as central banks across Europe have hiked interest rates. Cash-rich buyout funds are set to face higher financing costs to get their deals to the finishing line. "Things will get worse before they get better," Marcus Brennecke, global co-head private equity at EQT, told Reuters at the SuperReturn International conference.
Read by 30% of LPs

business-standard.com June 09, 2022

Outsourcer Ienergizer Ltd In Discussions On Sale To Buyout Firm Bpea | Business Standard News

iEnergizer offers customer management and custom content development services, according to its website. : iEnergizer Ltd., the digital content and business process outsourcing company, said it's in preliminary talks about a potential sale to buyout firm Baring Private Equity Asia. The London-listed company is undertaking a review of strategic options "in order to maximize value for all existing shareholders," it said in a statement Thursday, confirming an earlier Bloomberg News report. Discussions with BPEA are ongoing, and there's no certainty they will lead to a deal, iEnergizer said.
Read by 59% of LPs

prnewswire.com May 31, 2022

Palladium Promotes Two Managing Directors To Broaden The Firm's Sustainability Framework

Deborah Gallegos and Carlos Reyes Promoted to Co-Heads of ESG & Sustainability NEW YORK, May 31, 2022 /PRNewswire/ -- Palladium Equity Partners, LLC (along with its affiliates, "Palladium"), the oldest minority-owned private equity buyout firm in the industry, announced today it has...
Read by 40% of LPs

swfinstitute.org May 28, 2022

Japan Investment Corporation Eyes Toshiba As Foreign Pe Firms See Opportunity

The Tokyo-listed conglomerate Toshiba Corporation is garnering a list of suitors. Toshiba has suffered a series of corporate governance failures since 2015. Foreign private equity firms such as Bain Capital, Blackstone Group, and KKR, have shown interest in buying Toshiba. State-owned Japan Investment Corporation is also planning a bid for the company. Japanese buyout firms...
Read by 65% of LPs

bloomberg.com May 20, 2022

CEO of $189B Ontario Fund Eyes Private Equity's Turf

The head of one of North America's biggest investors in private markets wants to cut its reliance on buyout firms and do more dealmaking on his own. Pension funds have been upping pressure on asset managers to apply more ESG awareness when investing their money.
Read by 30% of LPs

nypost.com May 04, 2022

Elon Musk Turns To Old Financial Backers For $44B Twitter Buyout: Sources

Sources close to the situation say Musk may be closing in on raising $10 billion in cash from equity co-investors -- mostly venture capital firms who have backed his other companies including Space X.
Read by 36% of LPs

nytimes.com April 30, 2022

Can Elon Musk Make Twitter's Numbers Work? - The New York Times

Financially speaking, the billionaire's buyout of the social media network breaks all the usual rules. : Financially speaking, the billionaire's buyout of the social media network breaks all the usual rules. At the peak of the buyout boom in 2007, private equity firms including Kohlberg Kravis Roberts bought the Texas energy giant TXU for $45 billion. It was -- and remains -- the largest deal of its kind in American history. Now, a single billionaire is inching toward that record.
Read by 43% of LPs