Warburg Pincus related stories
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Varo Money raises more than $27 mlnVaro Money Inc said May 2 that it raised a more than $27 million round of investment led by Warburg Pincus. San Francisco-based Varo is a mobile-only banking start-up. Wachtell, Lipton, Rosen & Katz provided legal counsel to Warburg Pincus.
- PEI 300: Blackstone claims top spot
The New York firm ranks number one in this year’s list of the biggest private equity managers.
- Zenith Energy buys Amsterdam liquids storage and handling facility
Zenith Energy, a portfolio company of Warburg Pincus, has closed its buy of the liquids storage and handling facility located in the international port of Amsterdam. BP plc is the seller. Zenith said it plans to invest $100 million in the Amsterdam terminal, which is located on the North Sea Canal in the Amsterdam, Rotterdam and Antwerp region.
- AE Industrial hires Harris Williams aerospace banker
AE Industrial Partners hired Jon Nemo as a partner. Nemo joined the firm from Harris Williams & Co., where he led aerospace, defense and government services group.
- Warburg Pincus tries on Reiss for size
The firm has acquired a majority stake in the UK fashion retailer in a deal valuing the company at £230 million.
- Warburg Pincus to buy majority of Reiss Holdings
Warburg Pincus is buying a majority stake in Reiss Holdings. The deal values the Reiss business at 230 million pounds ($260 million). Reiss is a men's and women's fashion and accessories brand. David Reiss will retain a significant investment in the business and will remain as Chairman and CEO. Morgan Stanley advised Reiss Holdings while Squire Patton Boggs was their attorney. Financo acted as financial advisor to Warburg Pincus, while Freshfields Bruckhaus Deringer LLP acted as legal advisor.
- Warburg Pincus to grow Vietnam exposure
The firm, which has already invested in a shopping mall operator, sees the country as an “extension of its China strategy”, according to Jeffrey Perlman, responsible for the firm's investments in South-East Asia.
- Warburg-backed Sterigenics buys Nelson Laboratories
Sterigenics International LLC, a portfolio company of Warburg Pincus and GTCR, announced it has acquired Nelson Laboratories Inc. Terms of the transaction were not disclosed.
- Nadler named executive-in-residence at Warburg Pincus
Warburg Pincus has named Jay Nadler executive-in-residence in its Technology, Media and Telecommunications and Industrials and Business Services Groups. Nadler most recently served as Chief Operating Officer of Interactive Data Corp.
- Perale joins Creative Artists Agency
Matteo Perale has joined Creative Artists Agency to help execute CAA’s growth and diversification strategy. Perale was previously with Infront Sports & Media, where he served as the Director of Strategic Development. CAA is backed by TPG.