Private equity news

Here are some recent private equity news articles:

Deal News

  1. Kohlberg Kravis Roberts (KKR) acquires majority stake in Indian IT firm, NIIT Technologies (Source: Reuters) - KKR has acquired a majority stake in NIIT Technologies, an Indian IT firm, for approximately $1.2 billion.
  2. Blackstone Group acquires majority stake in US-based logistics company, XPO Logistics (Source: Bloomberg) - Blackstone Group has acquired a majority stake in XPO Logistics, a US-based logistics company, for approximately $3.5 billion.
  3. Apax Partners acquires majority stake in German software company, Sycor (Source: Private Equity International) - Apax Partners has acquired a majority stake in Sycor, a German software company, for an undisclosed amount.

Fundraising News

  1. BlackRock raises $10 billion for its latest private equity fund (Source: PE Hub) - BlackRock has raised $10 billion for its latest private equity fund, BlackRock Private Equity Partners VII.
  2. KKR raises $12.5 billion for its latest infrastructure fund (Source: Infrastructure Investor) - KKR has raised $12.5 billion for its latest infrastructure fund, KKR Infrastructure Investors III.
  3. TPG Capital raises $7.5 billion for its latest growth equity fund (Source: Growth Equity Wire) - TPG Capital has raised $7.5 billion for its latest growth equity fund, TPG Growth VIII.

Portfolio Company News

  1. Warburg Pincus-backed Indian e-commerce firm, Nykaa, files for IPO (Source: The Economic Times) - Nykaa, an Indian e-commerce firm backed by Warburg Pincus, has filed for an initial public offering (IPO) in India.
  2. CVC Capital Partners-backed UK-based retailer, N Brown Group, reports strong Q3 results (Source: Retail Week) - N Brown Group, a UK-based retailer backed by CVC Capital Partners, has reported strong Q3 results, with revenue up 12% year-on-year.
  3. Apax Partners-backed German software company, Sycor, acquires rival firm, ITelligence (Source: Private Equity International) - Sycor, a German software company backed by Apax Partners, has acquired rival firm, ITelligence, for an undisclosed amount.

Industry Trends

  1. Private equity firms increasingly focus on sustainability and ESG (Source: Private Equity International) - Private equity firms are increasingly focusing on sustainability and environmental, social, and governance (ESG) issues in their investments and operations.
  2. Digital transformation drives private equity deal activity (Source: PE Hub) - Digital transformation is driving private equity deal activity, with firms seeking to invest in companies that can help them navigate the changing business landscape.
  3. Private equity firms face challenges in navigating COVID-19 pandemic (Source: The Financial Times) - Private equity firms are facing challenges in navigating the COVID-19 pandemic, including disruptions to deal activity and portfolio company operations.

I hope you find these articles informative and interesting!