The firm’s first energy mezzanine fund collected nearly double its $750m target and has already made six investments in both power generation and oil and gas assets.
2 min read · 17 January 2013
In addition to continued uncertainty in Europe, a resolution to the US fiscal cliff will have a significant impact on M&A activity in 2013.
3 min read · 17 January 2013
The energy-focused firm has made seven investments from the fund, which has raised roughly $1.3bn toward a $1.6bn target.
2 min read · 17 January 2013
The firm has sealed its third and largest investment of 2012 by investing $700m in insurance broker USI.
2 min read · 17 January 2013
The partnership between Silver Lake and billionaire George Soros will expand German recycled plastics company friedola Tech by opening a new manufacturing facility in the US.
2 min read · 17 January 2013
Following the acquisition of German automotive company The Bosch Group’s brakes business in January, KPS has purchased Australian automotive business Autocast and Forge.
2 min read · 17 January 2013
US buyout volume, exit volume and fundraising levels all fell during the third quarter of 2012, though mid-market activity remains on par with 2011 through mid-November.
2 min read · 17 January 2013
The consumer-focused firm, which has remained active both on the acquisition and exit front this year, is targeting $250m for its fifth fund.
2 min read · 17 January 2013
LP contributions to US private equity funds shrank during the second quarter of 2012 while GP distributions rose dramatically, marking the first quarter in 20 years that distributions outpaced capital calls by more than 2.5x.
2 min read · 17 January 2013
The firm will partially exit its investment in broadcasting company YES Network, which Providence created alongside a group of co-investors including Goldman Sachs in 2001.
2 min read · 17 January 2013
