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Private Equity Firm Francisco Partners Buys IBM Weather Business at a Value of Around $1BN

Private Equity Insights

International Business Machines has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services giant said on Tuesday.

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Top 25 Private Equity firms in 2023 ranked by number of platform acquisitions

Private Equity Info

Private equity firms collectively acquire thousands of companies every year. PE firms often acquire platform companies to gain a foothold in an industry and then use that platform to acquire other smaller companies in the same industry.

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Private Equity Firm STG to buy Avid Technology for $1.4bn

Private Equity Insights

Private equity firm Symphony Technology Group on Wednesday agreed to buy media editing software maker Avid Technology Inc for about $1.4bn, including debt. Palo Alto, California-based STG is a mid-market private equity firm focused on technology investments. billion deal. Goldman Sachs Group Inc (GS.N)

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German Private Equity Firm SHS Capital Acquires Majority Share in Essert

Private Equity Insights

German private equity firm SHS Capital has acquired a majority share in Essert, a life sciences robotics company based in Baden-Württemberg. This acquisition is the fourth transaction from SHS Capital’s SHS VI fund, following its recent acquisition of a majority stake in Dutch firm CAM Bioceramics.

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Texas Private Equity Firm Merit Energy Co Reserves $1bn For Oil & Gas Investments

Private Equity Insights

Dallas-based private equity firm Merit Energy Co has set aside $1bn, including $485m in a just-closed fund, in dry powder through a strategy that targets mature oil-and-gas fields, the Wall Street Journal reports in an exclusive article. Indeed, the company currently has no assets in some of the most popular U.S.

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Private Equity Firms Show Increasing Interest in $400bn Indian IT Services Industry

Private Equity Insights

Institutional shareholding in listed IT services companies has also increased, with large-cap firms increasing by 9% and mid-cap and small-cap firms increasing by 16-18% in the last year. This trend is being fueled by a succession of acquisitions spearheaded by private equity firms such as ChrysCapital and Carlyle.

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Private equity firm Endless acquires ASCO Group Ltd

Private Equity Insights

Private equity firm Endless acquired ASCO on 11 August 2023. read more Singapore’s Neon to Consider $200m Funding Round, Following $115m investment last year by 65 Equity Partners Neon is considering raising about $200m in fresh capital as the immersive entertainment group.