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Ares Management exits iconic British wallpaper brand Farrow and Ball after ‘significant value creation’
Ares Management has agreed to sell 75-year-old British paint and wallpaper brand Farrow and Ball to Hempel Group in a trade deal after a seven-year-hold. The firm acquired the company in 2014 from European Capital, an affiliate of American Capital.
Oak Hill Capital has brought in Credit Suisse veteran Nicole Arnaboldi as its latest partner.
TPG's Jon Winkelried has been named sole CEO of the firm amid firm co-founder and co-CEO Jim Coulter stepping back into an executive chairman role.
Global private equity major Warburg Pincus has led a $110m Series C investment round for healthcare tech business Aetion, more than doubling its total outside funding to date.
EQT has tapped its $800m mid-market Asia fund to back Indonesia-based natural ingredients business Indesso.