The Carve-Out | EQT’s Avetta deal, secondaries thrive, Silver Lake takes Endeavor private
Private Equity Wire
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This week in private equity
?? EQT Group is to acquire Avetta – a specialist in supply chain risk management software solutions – from WCAS for an undisclosed sum. Read more?
?? US institutional investors are offloading their PE holdings on the secondary market at slashed prices, says the FT citing Jeffries. Read more?
?? Apex Group Ltd has become the first fund service provider to leverage blockchain to open up private markets funds to a wider investor pool. Read more?
?? Blue Owl Capital has finalised a deal for Kuvare Insurance Services for $750m – split into cash and Blue Owl Class A common stock. Read more?
??♂? Summit Partners is exploring the sale of LA-based men’s personal care brand Dr. Squatch for upwards of $2bn, according to Reuters. Read more?
?? Private credit returns in Europe have outperformed the broadly syndicated loan market over the past five years, per Lincoln International indices. Read more?
The week in numbers
?? $13bn – the equity value of Silver Lake’s take private deal for sports and entertainment company Endeavor Group Holdings – owner of TKO Holdings. Read more?
领英推荐
? $1bn – capital raised at final close for ICG’s debut LP-led secondaries fund specialised in buyout interests, hitting the fund’s hard cap. Read more?
?? €4.2bn – the value of Bridgepoint’s sale of Dorna Sports to Liberty Media – exclusive commercial rights holders for the F1 World Championship. Read more?
?? $4.1bn – funds raised at final close by Arctos for its latest Sports Partners Fund, including co-investment and affiliated vehicles. Read more?
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