The Carve-Out | Sequoia to split, Bain gets busy, KKR goes with the flow
Private Equity Wire
Private Equity Wire provides highly relevant and actionable information for GPs, service providers, and LPs.
This week in private equity
?? Geopolitical tensions between the US and China have been cited as one of the major factors in VC giant Sequoia's decision to split into three distinct businesses focused on the US and Europe, India and South-East Asia, and China... Read more ?
?? Flows seem healthy at KKR with the PE giant agreeing to acquire pump and valve system specialist CIRCOR in an all-cash deal worth $1.6bn... Read more ?
?? KKR CEO Joe Bae says the firm has also had success in appealing to individual as well as institutional investors with its new international PE fund for HNWI's pulling in $400m to date...?Read more ?
?? Bain Capital has been busy this week too, bidding almost $3bn to take Chinese data centre operator Chindata Group private... Read more ?
?? And Bain is also closing in on a deal to acquire Australia's Estia Health with its improved $553m offer securing the backing of the later-life care provider's board... Read more ?
?? Finally, any questions over the future of SurveyMonkey owner Momentive have been resolved this week with Symphony Technology Group completing a $1.5bn take-private deal...?Read more ?
The week in numbers??
?? 82% – The proportion of GPs, LPs and other private market professionals who think it is 'very important' for PE firms to have a strong brand...?Read more ??
领英推荐
?? ￡12.7bn – The value of inward UK M&A activity in Q1, up ￡6.9bn on Q4 2022, but ￡4.1bn lower than the first three months of last year...?Read more ?
?? 14% – The jump in Chindata's share price after news of Bain Capital's improved ￡3bn take-private offer broke... Read more ?
?? 45 –?the number of Kreos Capital staff set to join BlackRock's European Private Debt platform following the firm’s acquisition by the global investment giant...?Read more ?
Latest Private Equity Wire research?
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