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Peloton shares surge as news of PE buyout interest breaks

Private Equity Insights

Shares in Peloton soared by as much as 18% on Tuesday after CNBC reported that several private equity firms are cons idering a buyout of the connected fitness company, which is looking to refinance its debt and return to growth after 13 consecutive quarters of losses.

Buyout 147
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Bain Capital invests $250 m in business services firm Sikich

Private Equity Insights

Bain Capital is picking up a minority stake worth $250 million in business services firm Sikich, which is planning to deploy the investment to finance its expansion plans, the companies said on Thursday. The private equity firm is the first outside investor at Chicago-based Sikich, which was founded in 1982.

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The 25 Most Active Private Equity Firms on Axial

Axial

Today we are featuring the 25 Most Active Private Equity Firms on the Axial platform. ” Industries: Technology, Manufacturing, Business Services, Distribution, Healthcare Visit Baymark’s Profile “Pfingsten is an operationally-driven private equity firm focused on long-term value creation.

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Bain Capital nears $2.27bn deal to buy French IT services firm Inetum

Private Equity Insights

buyout fund Bain Capital is in final talks to buy French IT services firm Inetum in a deal worth about $2.27 The move comes as Bain Capital is looking to build scale in Europe’s fragmented IT services industry where the private equity firm bought Italy’s Engineering Group in 2020.

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Alto Partners and Arca Fondi acquire pharma manufacturer Eurosirel

Private Equity Insights

Milan-based private equity firm Alto Partners and Italian fund management company Arca Fondi have agreed to the buyout of Eurosirel, a manufacturer and distributor of medical devices and cosmetics. Read more: Private Equity Wire Can’t stop reading? The transaction is expected to close by June.

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Platinum Equity Advisors targets Marston’s pub group takeover

Private Equity Insights

Pub giant Marston’s has been approached by a US private equity firm over a potential takeover. Shares in the Wolverhampton-based company surged by more than a fifth immediately after it confirmed the proposal regarding a potential cash offer by Platinum Equity Advisors. Read more: Yahoo Movies Can’t stop reading?

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Japan’s Toshiba considers $20bn take-private deal

Private Equity Insights

Toshiba Corp is considering a $20 billion offer from private equity firm CVC Capital Partners to take it private, a person familiar with the matter said, as the Japanese industrial conglomerate faces pressure from activist shareholders to improve governance. Other deals by the private equity firm include the $1.5