Private Equity

US

Accenture buys Apis Group

Accenture said Dec. 1 that it has acquired Apis Group. Financial terms weren't announced. Apis, of Canberra, Australia, is a consultancy that provides strategic advisory, digital design and delivery services to government organisations.

6 min read · 02 December 2019

TZP Group invests in Christy Sports

TZP Group has invested in Christy Sports LLC. Financial terms weren't announced. Christy, of Lakewood, Colorado, is a winter sports specialty retailer.

3 min read · 02 December 2019

Silver Lake sets leadership

Mike Bingle is transitioning from managing partner to vice chairman and managing partner emeritus. Managing Partners Egon Durban and Greg Mondre will serve as co-CEOs, while Managing Partner Ken Hao will serve as Chairman. In addition, Joe Osnoss will be promoted to managing partner.

4 min read · 02 December 2019

Alden Global agrees to Tribune standstill

Alden has agreed to a standstill agreement that limits Alden's ability to increase its stake in Tribune through the second quarter of 2020.

4 min read · 02 December 2019

Carlyle-backed Acosta files for Chapter 11

Carlyle-backed Acosta said Dec. 1 that it filed for voluntary Chapter 11 bankruptcy protection in the District of Delaware.

1 min read · 02 December 2019

Bain to seek IPO of ChinData Group: Bloomberg

Bain Capital is planning to take ChinData Group public and is asking investment banks to pitch for the role, Bloomberg is reporting. The IPO could take place early next year, the story said.

1 min read · 02 December 2019

Berkshire fails in bid for Tech Data: Wall Street Journal

Apollo Global Management has outbid Berkshire Hathaway for Tech Data, the Wall Street Journal reported. Apollo agreed to buy Tech Data for slightly more than $5 billion on Wednesday, the story said, while Berkshire bid about $5 billion.

1 min read · 02 December 2019

GED Capital buys Grupo OM

GED Capital has acquired Grupo OM, a visual merchandising and communications company, from Nazca Capital.

3 min read · 02 December 2019

PE Hub First Read

First Read kicks off the week with news that four tech giants are investing in the housing crisis they helped create, Black Friday pulls in a record $7.4 billion in online sales, TK TK

1 min read · 02 December 2019

Ardenton Capital invests in Britain's Pebbles Care

Canadian private equity firm Ardenton Capital Corp has invested in Pebbles Care Ltd, a Leeds, U.K.-based provider of residential care homes and specialist school academies for young people.

3 min read · 28 November 2019

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