Tag: Kaizen Private Equity

Legal & General and NatWest Pension Trustee Limited (NWPTL) to establish a 15-year joint venture partnership.  

Real Estate private equity firm Pennybacker Capital Management has made three promotions in recognition of their contribution.

Software focused Gresham House Ventures has made a £3.3m investment in e-commerce business automation software Patchworks to capitalise on the “continued growth of e-commerce”.

Global buyout major Apollo has agreed to back part of the incumbent local exchange carrier business of Lumen Technologies for $7.5bn, including debt assumption of approximately $1.4bn. The deal valued the company at around 5.5x of its 2020 estimated adjusted EBITDA.

The Massachusetts Pension Reserves Investment Management Board (MassPRIM) has broken its record for the highest fiscal year return. 

Strategic Value Partners has hit a final close on $5bn for Strategic Value Special Situations Fund V, well above its initial target of $4bn. The investment vehicle almost doubled the size of its predecessor Fund IV.

Global buyout giant Thoma Bravo has partnered with JMI Equity to buy into workspace booking software Condeco.

San Francisco-based venture capital firm Root Ventures is looking to raise $150m for its third fund, AltAssets has learned. If reaching the target, the fund will double the size of its predecessor Fund II.

French private equity house PAI Partners has agreed to buy juice brands including Tropicana and Naked across North America from PepsiCo for $3.3bn.  The deal also includes an irrevocable option to sell buy certain juice businesses in Europe.

Consumer-focused buyout house L Catterton has sold its stake in woman sportswear brand Sweaty Betty to Wolverine World Wide.