LeapFrog Investments said Feb. 27 that it has sold its stake in Petra Trust to African Capital Alliance. Financial terms weren’t announced. Petra Trust is Ghana’s largest independent pensions trustee.… read more →
L Squared Capital Partners said Feb. 27 that it invested in United Scope, resulting in a majority recap of the company. Financial terms weren’t announced. Company founders also invested. United… read more →
HGGC has agreed to recapitalize Eden Prairie, Minnesota-based HelpSystems, a provider of IT operations management, security, and analytics solutions. No financial terms were disclosed for the transaction that was done in… read more →
KPS Capital Partners LP has agreed to sell North Carolina-based American & Efird, a maker of industrial and consumer sewing thread, embroidery threat and technical textiles, to Platinum Equity Capital… read more →
Meredith Corp has agreed to sell Time Inc UK to Espiris. No financial terms were disclosed. Barou Advisers and Herbert Smith Freehills LLP are advising Meredith on the transaction that… read more →
Platinum Equity is buying American & Efrid (A&E) from KPS Capital Partners. Financial terms weren’t announced. A&E, of Mt. Holly, North Carolina, is the second largest maker and distributor of… read more →
(Reuters) – Private equity firm HGGC LLC has agreed to acquire a controlling stake in HelpSystems, valuing the U.S. information technology management software company at more than $1.2 billion, including… read more →
The Blackstone Group has asked outside fund managers to detail their ownership in companies that make or sell guns, the Wall Street Journal reported. Blackstone gave the managers about a… read more →
By Justin Abelow, Houlihan Lokey For years I have been telling my clients that in the M&A markets, family offices are like great books: more talked about than experienced. Everyone… read more →
A sole non-binding expression of interest for Telecom Italia’s (TLIT.MI) majority-owned broadcasting unit Persidera unit came from U.S.-based infrastructure fund I Squared Capital, two sources familiar with the matter told… read more →