General Atlantic related stories
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General Atlantic expands West Coast operationsThe Greenwich, Connecticut-based firm is sending eight-year GA veteran Marc McMorris to its Silicon Valley office.
- Injaz Mena makes bumper return on electronic payments firm
Injaz Mena, an investment company based in the United Arab Emirates, made a 63 percent return in 14 months from its investment in Frankfurt-listed electronic payments company Smarttrac, demonstrating why there has been so much private equity interest in the sector.
- General Atlantic, Francisco Partners sue over break-up fee
The two private equity firms have filed a lawsuit against Aeroflex, which last month terminated its $1 billion buyout agreement with the pair in favour of a higher offer from Veritas.
- Coller launches intellectual property platform
The private equity secondaries specialist has partially revealed its plans to begin acquiring patents and other forms of intellectual property.
- Apollo’s EGL battle ends
The dramatic bidding war for logistics company EGL has seemingly come to a close: Apollo’s $2 billion bid – nearly 32 percent higher than the first bid made for the firm – has been board-approved, while the competing, Centerbridge-backed group was paid a $30 million break-up fee.
- TH Lee, FNF to pay $5.3bn for Ceridian
TH Lee and Fidelity have teamed up again to buy a business services provider, inking a $5.3 billion deal for Ceridian, a company in the trendy payment processing space.
- Blackstone to buy Alliance Data for $7.8bn
Activity in the electronic payment space continues with the Blackstone Group’s agreement to buy Dallas, Texas-based Alliance Data, a provider of transaction, credit, and marketing services, in a deal valued at $7.8 billion.
- Greek group eyes €5bn for SE Europe
Greek investment group Marfin wants to raise over €5 billion via a rights issue for investments in South East Europe – and then put the entire sum to work within just 12 months.
- General Atlantic joins electronic trading trend(2)
General Atlantic has bought a minority stake in the Global Electronic Trading Company, in the latest example of private equity interest in the burgeoning electronic payments sector.
- Centerbridge unveils first deal(2)
In its first ever deal, the Blackstone and Angelo Gordon spin-out has agreed to take part in a $1.2bn buyout from which General Atlantic recently withdrew.