Tagged: private equity

August 11, 2024 @ 4:22 pm By Michael Wong  |  

EQT AB has unveiled plans to acquire a majority stake in Acronis, a cybersecurity and data protection platform, as part of its strategic initiative to bolster the company’s growth and enhance its market footprint. The transaction, facilitated through the EQT X fund, will see EQT… Read More

August 8, 2024 @ 5:14 pm By Omar Faridi  |  

Two large private equity buyouts propelled the total value of investments in Canadian fintechs to a new high in the first six months of the year amidst a broader persistent slump in Canadian and global investment, according to KPMG International‘s H1’24 Pulse of Fintech report…. Read More

July 19, 2024 @ 6:16 am By Omar Faridi  |  

Mid-market private equity investment activity in the UK declined by 11% in the first half of 2024, as challenging macroeconomic conditions persisted, according to KPMG UK’s latest mid-market Private Equity analysis. The firm’s most recent M&A research study revealed “that 321 mid-market transactions were completed… Read More

June 15, 2024 @ 10:19 pm By Michael Wong  |  

The Securities Commission Malaysia (SC) has released the first edition of the ‘Practical Guide on Venture Capital and Private Equity in Malaysia’ early this week, aiming to clarify the Malaysian policy landscape for fund managers, service providers, and investors in these sectors. The guide provides… Read More

June 11, 2024 @ 1:05 pm By JD Alois  |  

S&P Global Market Intelligence has issued a report indicating that venture capital (VC) and private equity (PE) investments may be rebounding. The past couple of years have been challenging for the private securities markets, with many sectors, like Fintech, retrenching. According to S&P’s data, global… Read More

June 9, 2024 @ 5:44 pm By Michael Wong  |  

Asialink Finance Corp, a provider of financial solutions to small and medium enterprises (SMEs) in the Philippines, has announced secured P4 billion (about $71 million) from Malaysian private equity firm Creador. This strategic infusion of funds will see Creador acquiring an 18% stake in Asialink,… Read More

April 16, 2024 @ 6:23 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a further £12.2m loan to returning customer and SME housebuilder, honey, to part fund the acquisition and development of two of its latest major residential schemes. Founded in October 2022 by former Avant Homes CEO,… Read More

March 30, 2024 @ 7:17 pm By Omar Faridi  |  

Q4 macroeconomic data points in France’s markets are marginally better than in Q3, according to an update from Pitchbook. Q4 GDP growth was reported as flat by Pitchbook, while inflation has been “coming down from the elevated levels seen earlier in the year.” Meanwhile, the… Read More

March 14, 2024 @ 2:18 pm By Omar Faridi  |  

Private equity fundraising declined by around 1.2% globally to $554 billion last year, according to data shared by PitchBook. And the number of funds declined by around 46% to 647 from 1,192. Funds of $5 billion or more reportedly accounted for almost 50% of 2023’s… Read More

February 13, 2024 @ 9:04 am By Omar Faridi  |  

Private equity investor LDC has invested in the Insurtech business Uinsure. Founded in 2007, Uinsure is a cloud-based tech platform “that connects financial intermediaries and lenders with a panel of the UK’s insurers, enabling its customers to arrange cover through a frictionless platform that has… Read More

February 7, 2024 @ 11:00 am By JD Alois  |  

Germany-based Moonfare says it will soon provide access to retail investors to “top tier” private equity managers following the introduction of new EU regulations last month. Additionally, limited secondary trading is available on the platform. The new rules came into effect on January 10, 2024…. Read More

January 29, 2024 @ 8:15 am By Omar Faridi  |  

Mid-market private equity investment activity in the UK declined by 10% in 2023, as challenging macroeconomic conditions presented few glimmers of hope for recovery, according to KPMG UK’s Mid-Market Private Equity report. The firm’s most recent M&A study “has revealed that 675 mid-market transactions were… Read More

January 19, 2024 @ 2:14 pm By Omar Faridi  |  

EquiLend, a global data and analytics company for securities, has announced that private equity firm Welsh, Carson, Anderson & Stowe (WCAS) has agreed to acquire a majority stake in the company. The acquisition is set to close in Q2 2024, “subject to regulatory approvals.” In… Read More

January 18, 2024 @ 4:16 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has acquired Impendi, a sourcing and procurement services provider with a focus on private equity clients, expanding a critical capability to Accenture’s growing offerings for this industry. Impendi helps private equity companies “make sourcing and procurement decisions that increase their profitability and… Read More

January 16, 2024 @ 10:15 am By JD Alois  |  

  CI has reported on the moribund activity for venture capital and private equity for some time now. Again and again, we receive reports that VC and PE cratered in 2023. Today, once again, S&P Global Market Intelligence has shared another gloomy report stating that… Read More

December 13, 2023 @ 1:20 pm By JD Alois  |  

Rising interest rates, banking trauma, government spending, and geopolitical strife have caused private money to hit the pause button when it comes to investing. CI has reported repeatedly that private equity and venture capital have cratered in the last year. And it makes sense. Why… Read More

December 11, 2023 @ 1:54 pm By JD Alois  |  

A choppy venture capital and private equity market continues during November, according to S&P Global Market Intelligence. The number of deals globally numbered 848 in November, down from October when 992 deals were reported.  Last year’s November saw 1,192 deals completed. In a slightly positive… Read More

December 10, 2023 @ 6:28 pm By Omar Faridi  |  

Sagard, a global multi-strategy alternative asset management firm with over US$15B in assets under management, signed a definitive agreement to acquire a strategic stake in Performance Equity Management (PEM), a private equity firm “with over $8.9B in assets under management and two decades of demonstrated… Read More

December 8, 2023 @ 8:34 am By Omar Faridi  |  

Preqin, the global firm empowering the alternatives community with essential data and insight, published its Fundraising for first-time managers: A guide to raising capital report. There are 3,421 private capital first-time funds in the market globally “as of the end of Q3 2023, representing almost… Read More

October 15, 2023 @ 2:11 pm By Omar Faridi  |  

A total of 40,374 deals (comprising mergers & acquisitions (M&A), private equity, and venture financing deals) were announced globally during the first three quarters (Q1-Q3) of 2023. This represents a year-on-year (YoY) “decline of 24.3% in volume over 53,369 deals announced during the same period… Read More