Deals

Apollo’s take-private transaction with the cloud computing company shows a discounted price, but for a company in the midst of a strategic transition that remains unproven.

A survey by mid-market firm ECI finds high-growth UK businesses are less likely to choose private equity as a funding option than last year.

Slowdowns in China and Brazil have taken a marked toll on private capital fundraising and investment, new data show.

DOB Equity, backed exclusively by the de Rijcke family, has acquired a minority stake in Twiga Foods, its ninth investment.

Cinven has acquired clinical trials services provider Bioclinica from US private equity firms Water Street Healthcare Partners and JLL Partners.

Goldman’s Petershill Fund II purchased less than 10% in Littlejohn, the first investment out of that fund.

The sale comes as Kainos continues to amass capital for its second fund, targeting $750m.

The C$287.3bn pension fund also reached a new high for its overall asset value.

EQT Equity, part of Swedish private equity firm EQT, has traditionally focused on northern and central Europe; it has agreed to buy Indiana-based Press Ganey for about $2.35bn.

The Mercury Fund will generate a gross IRR of 40 percent and a money multiple of 2.2x from the sale of Relay Software.