U.S. private equity firm Warburg Pincus completed its acquisition of Israeli Bank Leumi’s credit card business on Monday and said it was bringing in three strategic partners. Leumi, which owned… read more →
Warburg Pincus has agreed to acquire a majority stake in Austin, Texas-based Kestra Financial, a financial adviser. No financial terms were disclosed. Stone Point Capital, Kestra Financial’s current majority owner,… read more →
First Reserve has agreed to acquire Weir Flow Control, a maker of engineered valves and pumps used in energy and broader industrial applications, from The Weir Group PLC. No financial… read more →
Quad-C Management Inc said Feb. 25 that it agreed to sell its stake in Compassion-First Pet Hospitals to JAB for $1.214 billion. Compassion-First Pet operates a network of emergency and… read more →
Colony Industrial said Feb. 25 that it sold a light industrial portfolio to Nuveen Real Estate, a division of TIAA, for $136 million. The warehouse portfolio totals 2.3 million square… read more →
BlackRock and KKR are investing $4 billion in Abu Dhabi’s oil pipelines. BlackRock and KKR are buying 40 percent in an entity called ADNOC Oil Pipelines, which will lease ADNOC’s… read more →
Project Management Academy, which is backed by Leeds Equity Partners, has acquired Minneapolis-based Watermark Learning, a provider of business analysis, project management and process improvement training. No financial terms were… read more →
First Reserve has agreed to acquire South Carolina-based Refuel Inc, a retail fuel distribution and convenience store chain. Also, the private equity firm has agreed to acquire another South Carolina-based… read more →
Cairngorm Capital has acquired UK-based Sentry Doors, a maker of timber fire and security doors. No financial terms were disclosed. PRESS RELEASE London, 22 February 2019 Cairngorm Capital Partners LLP… read more →
Hamilton Robinson Capital Partners has recapitalized Union Grove, Wisconsin-based American Roller Company, a provider of engineered services and industrial rollers. No financial terms were disclosed. PRESS RELEASE Stamford, CT –… read more →