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Focus Group founders dial up £800m sale to private equity firm Hg

Private Equity Insights

The founders of a business telecoms and IT services provider are on the brink of toasting a nine-figure windfall after entering advanced talks to sell it to one of Britain’s leading private equity firms. It was unclear on Wednesday whether Bowmark would roll over its stake as part of the deal.

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Private equity firm Glow Capital Partners takes controlling stake in Cargo Crew

Private Equity Insights

Private equity firm Glow Capital Partners is set to acquire a 51 per cent stake in an Australian hospitality uniform brand Cargo Crew. Glow Capital was established by Adore Beauty’s co-founder Kate Morris and former Quadrant Private Equity managing partner Justin Ryan in 2021.

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NiSource to sell minority stake in NIPSCO to private equity firm Blackstone for $2.15bn

Private Equity Insights

stake in its subsidiary Northern Indiana Public Service Co., for $2.15bn to an affiliate of private equity firm Blackstone Infrastructure Partners. read more Actis sells BTE Renewables to Engie and Meridiam for $1bn London-based private equity firm Actis is to sell its 100% stake in the African green energy.

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Private Equity firms adapting to challenging market environment

Private Equity Insights

Following a challenging year marked by rising interest rates and slower growth, successful private equity firms are adapting to the changing environment, according to Dechert’s 6th annual Global Private Equity Outlook report.

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Private equity firm L Catterton, which is backed by LVMH, has sold leading Italian bicycle brand Pinarello valued around $273m

Private Equity Insights

Elite Italian bicycle maker Pinarello changes hands Fausto Pinarello, the son of the founder of the bicycle group, would maintain a stake in the company and his role as chairman, L Catterton said in a statement. The company traces its roots back to a cycle shop set up by former professional cyclist Giovanni Pinarello in 1952.

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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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DBS to sell majority stake in AXS to private equity firm Tower Capital Asia

Private Equity Insights

per cent stake in electronic payment services provider AXS to Tower Capital Asia, a private equity firm based in Singapore. The bank will retain a minority stake of 9.9 It did not disclose the stake’s sale price. per cent stake in electronic payment services provider AXS to. per cent, at $31.01