Blackstone (NYSE: BX), the world’s largest alternative asset manager, announced its definitive agreement to acquire Civica, a prominent figure in public sector software solutions. This acquisition, undertaken by private equity funds managed by Blackstone affiliates, involves the purchase from Partners Group, a global private markets firm. Financial details of the transaction were not disclosed. Civica: […]
SirionLabs, a Seattle-based artificial intelligence (AI)-powered contract lifecycle management (CLM) platform, has raised its Series D funding to $110 million with a $25 million investment from Brookfield Growth. The fresh funding from Brookfield Growth follows the previously announced $85 million Series D round, which was led by Partners Group with participation from present investors Avatar […]
Switzerland-based global private equity firm Partners Group has agreed to acquire a majority stake in Sunsure Energy, an Indian renewable energy and decarbonization solutions platform, for $400 million (approximately INR 3,290 crores). The proceeds from the transaction are expected to transform Sunsure Energy into a next-generation independent power producer. Post-closing, the Gurgaon-headquartered Sunsure Energy will […]
Squadron Energy, part of the Tattarang group of companies, has clinched a deal with Partners Group to acquire energy developer CWP Renewables for more than A$4bn ($2.7bn) to take its renewable energy operating portfolio to 2.4GW. The combined entity is set to become Australia’s largest renewable energy investor, operator, and developer. The acquisition is expected […]
Partners Group, a Swiss-based global private equity firm, has acquired EdgeCore Digital Infrastructure, a US-based hyperscale data centers builder, operator, and owner, for $1.2 billion. EdgeCore Digital Infrastructure is an infrastructure platform that chooses, constructs, and commercializes data centers for major technology, cloud, and internet firms. The transaction entails EdgeCore Digital Infrastructure’s existing and under […]
Swiss private equity firm Partners Group has agreed on behalf of its clients to acquire a majority stake in Pharmathen, a Netherlands-based pharma company, from BC Partners, at an enterprise value of nearly €1.6 billion. Funds advised by BC Partners had acquired Pharmathen in 2015 for €475m. Established in 1969, Pharmathen operates as a contract […]
Healogics, a US-based chain of wound care centers, has secured a new equity investment of $240 million. Clayton Dubilier & Rice, Northwestern Mutual, and Partners Group, on behalf of its clients, have led a group of new and existing investors for investing $75 million of common equity. On the other hand, Marathon Asset Management has […]
Kohlberg & Company and Mubadala Investment have agreed to acquire a majority stake in drug development solutions provider PCI Pharma Services, a portfolio company of Partners Group, for an undisclosed price. While Kohlberg is a New York-based private equity firm, Mubadala Investment is an Abu Dhabi-based sovereign investor. Partners Group, which is a global private […]
The first wind turbine of Blauwwind Consortium’s 731.5MW Borssele III/IV offshore wind farm has been installed by MHI Vestas in the North Sea at a site 55 km off the coast of the Netherlands. The first of the 77 V164-9.5 MW wind turbines of the Dutch offshore wind farm was installed by MHI Vestas’s project […]
Taiwanese tea brand Gong cha Group has closed an undisclosed investment from global growth private equity firm TA Associates. Established in 2006, Gong cha offers tea, products, and services by procuring ingredients from selected suppliers and giving customers freshly brewed tea. The company’s main product is the Taiwanese-style bubble tea, which is sweet milk tea […]