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vcaonline.com February 16, 2019

Opengate Capital Signs Agreement To Acquire Smac Waterproofing Business From Colas Group

LOS ANGELES, Calif. and PARIS, France, February 15, 2019-- OpenGate Capital, a global private equity firm, announced today that Colas Group (EPA: RE) has agreed to sell SMAC to an affiliate of OpenGate Capital. Financial terms of the agreement were not disclosed. The divestiture is expected to be complete in the next 60-90 days. SMAC is headquartered in Issy-les-Moulineaux, France, and is a global manufacturer of waterproofing and building envelope solutions with two divisions: SMAC Travaux and SMAC Industrie.
Read by 71% of LPs

pehub.com February 15, 2019

Apollo To Buy Cox Tv Stations In Broadcast Push: Reuters

Buyout firm Apollo Global Management LLC has agreed to acquire a majority stake in 14 television stations from privately held Cox Media Group, the company said on Friday, a move that sets up Apollo to become a [...]
Read by 37% of LPs

pehub.com February 15, 2019

Rockbridge Raises $355M After Selling Stakes In Four Portfolio Companies

Rockbridge Growth Equity has raised $355 million after selling stakes in four portfolio companies to a consortium of investors that included StepStone Group, Aberdeen Standard Investments, HSBC, Lexington [...]
Read by 64% of LPs

pehub.com February 15, 2019

Rockbridge Raises $355M After Selling Stakes In Four Portfolio Companies

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Read by 44% of LPs

reuters.com February 15, 2019

Apollo To Buy Cox Tv Stations In Broadcast Push

Buyout firm Apollo Global Management LLC has agreed to acquire a majority stake in 14 television stations from privately held Cox Media Group, the company said on Friday, a move that sets up Apollo to become a player in broadcasting, an industry it has sought deals in for some time.
Read by 54% of LPs

reuters.com February 15, 2019

Rpt-update 2-private Equity Firms Win Over Scout24 With Improved $6.4B Bid | Reuters

Hellman & Friedman and Blackstone have won over Scout24 after raising their offer for the online classifieds group to 5.7 billion euros ($6.4 billion) including debt, setting up the biggest takeover of a listed German company by private equity.
Read by 56% of LPs

reuters.com February 15, 2019

Private Equity Firms Win Over Scout24 With Improved $6.4B Bid

Hellman & Friedman and Blackstone have won over Scout24 after raising their offer for the online classifieds group to 5.7 billion euros ($6.4 billion) including debt, setting up the biggest takeover of a listed German company by private equity.
Read by 49% of LPs

pehub.com February 15, 2019

Apollo Completes Take-private Aspen Insurance Buyout

Apollo Global Management has closed its take-private acquisition of Aspen Insurance in an all-cash transaction valued at about $2.6 billion. As a result of the closing, Aspen stopped trading February 15, 2019 on [...]
Read by 49% of LPs

pehub.com February 15, 2019

Waud Capital Promotes Six

Waud Capital Partners has made six promotions. The middle-market private equity firm has promoted Justin DuPere, Christopher Graber, Timothy Lawler and Phillip Olson to partner while Kyle Lattner and Paul Sutphin [...]
Read by 51% of LPs

reuters.com February 15, 2019

Private Equity Firms Win Over Scout24 With Improved $6.4B Bid

* Minimum acceptance threshold of 50 percent plus one share (Adds analyst, context on media deals, private equity): FRANKFURT (Reuters) - Hellman & Friedman and Blackstone have won over Scout24 after raising their offer for the online classifieds group to 5.7 billion euros ($6.4 billion) including debt, setting up the biggest takeover of a listed German company by private equity. The investors said in a statement on Friday that Scout24's management and supervisory board supported the sweetened bid of 46 euros a share. Last month, the German company rejected an offer of 43.50 euros per share.
Read by 60% of LPs