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JPMorgan, BofA In Talks to Finance $13 Billion DocuSign Buyout

Private Equity Insights

are in talks to provide as much as $8 billion in financing for a buyout of DocuSign Inc. and Deutsche Bank AG are also among the lenders considering a role in funding what would be the largest leveraged buyout of the year so far, according to the people, who asked not to be identified discussing the transaction. KKR & Co.

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Private equity’s new power play: the twice-leveraged buyout

Financial Times M&A

Plus, the powerful government officials standing between Toshiba and Japan’s largest buyout, and Just Eat considers selling Grubhub less than two years after buying it

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Bain, Hellman & Friedman vying to acquire DocuSign -sources

Private Equity Insights

The two private equity firms are among the final bidders in the auction for DocuSign, which is set to be one of the biggest leveraged buyouts of 2024, the sources said. A spike in financing costs in the last two years made financing leveraged buyouts more expensive and big deals hard to clinch. billion. ($1

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Ares Raises $1.7 Billion for Australia Private Credit Fund

Private Equity Insights

billion) for a credit fund for Australia and New Zealand, as it seeks to capitalize on opportunities created by banks retreating from leveraged lending. The Ares Asia Direct Lending fund, the company’s first leveraged buyout vehicle for the region, has deployed over A$1.04 Ares Management Corp. has raised A$2.6 billion ($1.7

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Blackstone seeks ‘cheap’ $250m private debt loan as part of $2.3bn Rover buyout 

Private Equity Wire

Debt-fuelled buyouts typically leave a company with a debt pile of six times their earnings or more. The $250m loan sought by Blackstone is relatively small compared to other leveraged buyouts. Blackstone’s acquisition may leave Rover with a debt-to-earnings ratio of about four times.

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Taurus Private Markets Closes $211m Oversubscribed Private Equity Fund

Private Equity Insights

Taurus Private Markets invests in value-oriented, lower middle market leveraged buyout and private credit partnerships with target fund sizes less than $1.25bn. The firm invests in leveraged buyout, private credit, and venture capital opportunities based in North America. Source: Yahoo! Finance Can’t stop reading?

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Leveraged buyouts are back, baby

Financial Times M&A

Plus, Europe’s largest gaming group shoots for the M&A high score and Spac sponsors scramble to attract investors