Sunday, April 5, 2020

welsh - Knowledge Bank Results

WCAS snaps up majority stake in cloud-based compliance business Avetta

Welsh, Carson, Anderson & Stowe (WCAS) has acquired a majority stake in Avetta, a cloud-based supply chain risk management business.

PE records biggest dealmaking value total for a decade in 2017 despite continued volume...

Overall private equity dealmaking value rebounded to a ten-year high across 2017 despite volume sliding for the second consecutive year, new research reveals.

Welsh Carson brings on board experienced FFL fundraising, IR head Lau

US buyout major Welsh Carson Anderson & Stowe has boosted its investor relations team by bringing in FFL Partners head of fundraising and IR Gregory Lau.

Welsh Carson to finally exit 2004 investment Aptuit through $300m Evotec sale

Welsh Carson Anderson and Stowe has finally agreed to exit its 13-year investment in drug development services business Aptuit through a $300m sale to trade buyer Evotec.

Hooper returns to Welsh Carson to boost firm’s Bay Area push

Christopher Hooper has rejoined tech and healthcare-targeting private equity firm Welsh Carson Anderson & Stowe as a general partner after six years at Golden Gate Capital.

Clearlight exits drunk driver ignition lock business CST to Welsh Carson

US private equity firm Welsh Carson Anderson & Stowe has backed in-car breathalyser ignition lock business Consumer Safety Technology.

Welsh, Carson, Anderson & Stowe gains majority stake in Revel Systems

Tech and healthcare-focused Welsh, Carson, Anderson & Stowe has become the majority stakeholder in Revel Systems.

KKR holds $711m final close for TMT-focused growth fund

Global private equity firm KKR has closed its Next Generation Technology Growth Fund at $711m after a little more than a year on the road.

Former HIG director-led New State Capital closes maiden fund on $131m

New State Capital Partners, a lower mid-market private equity firm founded by ex-HIG managing director David Blechman, has held a final close for its debut fund on $131m.

Global private equity players compete for Moneris US acquisition

A number of international private equity firms are reportedly flocking to bid for the US arm of Canadian payments processing group Moneris Solutions Corp.

Popular Articles

CVC powers to $4.5bn hard cap in fifth Asia-Pacific private equity fundraise

CVC Capital Partners has hit the $4.5bn hard cap for the final close of its fifth private equity fund targeting the Asia-Pacific region. The buyout...

Morgan Stanley Capital Partners sells Pathway Vet Alliance stake to TSG

Morgan Stanley Capital Partners has sold a majority stake in Pathway Vet Alliance to TSG Consumer Partners.

PSP Investment Board invests in Stone Point-backed SitusAMC

The Public Sector Pension Investment Board has made a strategic investment in SitusAMC, which provides advisory, strategic outsourcing, talent and tech solutions to the commercial and residential real estate finance industry.

BVCA names Silverfleet veteran MacDougall as chair amid ‘unprecedented challenge’ of coronavirus

UK private equity trade body the BVCA has named Silverfleet Capital's Neil MacDougall as its chairman for the next financial year as its members aim to adjust to the "unprecedented challenge" of coronavirus.

Embattled Dave & Buster’s restaurant, arcade chain turns to private equity amid coronavirus woes

Private equity firms are reportedly in talks with embattled restaurant and video game arcade chain Dave & Buster's in the wake of the business shuttering its outlets amid the coronavirus crisis.

Debt-heavy Neiman Marcus ups bankruptcy preparations following coronavirus closure

Private equity-backed Neiman Marcus Group has reportedly stepped up preparation for bankruptcy as the US luxury retail chain continues to reel from debts racked up through its $6bn leveraged buyout.

Rubicon crosses $1.2bn for Fund III to destroy initial fundraising goal

A stellar fundraise from Rubicon Technology Partners has seen it smash its target for its third software-focused fund by pulling in more than $1.2bn for the vehicle.

KKR agrees to back insurance finance specialist Kilter with up to $500m

KKR has agreed to invest up to $500m in Kilter Finance, which specialises in financing life, annuity and health insurers.

Japanese cosmetic brand ETVOS eyes Asian expansion with L Catterton investment

Japanese cosmetics brand ETVOS has picked up a "significant" investment from the Asia fund of consumer-focused private equity house L Catterton.

Ancala Partners taps new €735m fund to back UK care home business Holmleigh

Ancala Partners has picked up a majority stake in UK care home business Holmleigh through its recently-closed €735m second European infrastructure fund.

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