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EQT is said to explore $8bn plus options for Reworld. (FS)?
Stericycle is exploring a $4.2bn sale.
Advent nears a $4bn deal for Prometheus Group. (FS)
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Hg , a private equity firm targeting technology buyouts, agreed to acquire AuditBoard , a connected risk platform transforming audit, risk, compliance and ESG management, for $3bn.
"AuditBoard's astonishing growth?is a result of?its commitment to its SaaS-native beginnings, focus on customer success and a differentiated, truly modern tech stack. We have?been tracking?the company's progress for the past five years and see a massive opportunity ahead.?We are excited to partner with Scott and the AuditBoard team,?to support the company?on?its next phase of rapid global growth and platform expansion," Nic Humphries, Hg Senior Partner and Head of the Saturn funds.
AuditBoard is advised by 高盛 and Cooley LLP .?Hg?is advised by 博然思维集团 (led by Harry Mayfield ).
Coventry Building Society ,?a building society?based in Coventry, England, is set to acquire The Co-operative Bank plc , a provider of personal banking services, for $990m.
"By bringing together Coventry Building Society and The Co-operative?Bank?we will be able to deliver more value to more people in the coming years. I am excited about the opportunities that lie ahead, most importantly, our ability to sustain the great value and outstanding service that matters most to our members,"?Steve?Hughes, Coventry Building Society CEO.
The Co-operative Bank is advised by Fenchurch Advisory Partners (led by Kunal Gandhi and Tom Murphy ), PJT Partners (led by Basil Geoghegan ), 富而德律师事务所 , 普衡律师事务所 and H/Advisors Maitland (led by Neil Bennett ). Coventry Building Society is advised by J.P. 摩根 (led by Claire Brooksby ), KPMG (led by Matthew Watkins ) and Addleshaw Goddard .
EQT is said to explore $8bn plus options for Reworld. (FS)
EQT Group is exploring strategic options?including?a minority stake sale for Reworld Waste that could value the waste management company at more than $8bn?including?debt.
The Stockholm-based firm owns Reworld - known as Covanta until last month - through its infrastructure arm. EQT is working with advisers and is in the early stages of soliciting interest from potential suitors.?No final decisions have been reached?and?EQT could decide against pursuing a transaction, Bloomberg reported.
Stericycle is exploring a $4.2bn sale.
Stericycle , a medical waste disposal company, is considering a potential sale after receiving takeover interest.
Stericycle is working with a financial adviser?as it weighs?options.?Stericycle's stock has risen 3.8% in New York over the last 12 months, giving it a market value of $4.2bn.?The company?could attract other medical waste management providers,?as well as?infrastructure funds, Bloomberg reported.
Advent nears a $4bn deal for Prometheus Group. (FS)
Advent is nearing a deal to acquire a stake in Prometheus Group in a transaction that could value the industrial software company at more than $4bn, including debt.
A deal could be announced within days, assuming there are no last-minute snags, Bloomberg reported.
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