Private Equity
Apollo Global Management has made a roughly $5 billion offer for Tech Data Corp, Reuters reported. Tech Data, a U.S. information technology equipment distributor, has lower operating margins than some of its peers, the story said.
1 min read · 16 October 2019
Marlin Equity Partners said Oct. 15 that it acquired a majority stake in Whitlock. Financial terms weren’t announced. Whitlock, of Richmond, Virginia, is a systems integrator and technology management firm that specializes in audiovisual and video collaboration solutions.
2 min read · 16 October 2019
TMP Worldwide, which is backed by Gemspring Capital, has acquired London-based Carve, a social media firm. No financial terms were disclosed.
2 min read · 15 October 2019
The process attracted the interest of both strategics and at least one PE firm but none of the bidders could match KKR’s price expectation, sources say.
1 min read · 15 October 2019
Canada Pension Plan Investment Board alongside KKR will acquire a stake in Axel Springer, a German publishing firm. CPPIB's financial commitment will be at least 500 million euros.
2 min read · 15 October 2019
Castle Harlan Inc has spun out Colyar Technology Solutions from portfolio company Gold Star Foods. No financial terms were disclosed. Based in Phoenix, Colyar is a provider of software facilitating the management of the U.S. Department of Agriculture Child Nutrition and Food Distribution Programs.
3 min read · 15 October 2019
The Carlyle Group has closed its investment in HireVue, a provider of AI-driven talent assessment and video interviewing solutions. No financial terms were disclosed. TCV, Granite Ventures and Sequoia will remain minority investors.
2 min read · 15 October 2019
EQT is in talks to buy EdgeConneX in a deal valued at a minimum of $2.5 billion, Bloomberg reported Oct. 11. Providence Equity Partners is selling the infrastructure services provider EdgeConneX, Buyouts reported in September.
1 min read · 14 October 2019
Thoma Bravo has offered to buy Sophos for $7.40 a share or about $3.9 billion. Sophos is a UK cybersecurity company.
2 min read · 14 October 2019
KKR said Oct. 14 that acquired a majority stake in Hyperoptic Ltd. Newlight Partners LP and Mubadala Investment Co were the sellers. Financial terms weren’t announced. Hyperoptic is a UK residential gigabit broadband provider.
5 min read · 14 October 2019
