https://ift.tt/K7IpgZv
Morning Hubsters! This is Chris, for Wire Wednesday. We’ve been knee-deep in trying to understand how the macro economy is impacting private equity. So far what we’re hearing is deal activity is slowing, and this includes exit activity, which means distributions, which have run hot for many years, are expected to slow. Fundraising is slowing […]
Related Posts
Blackstone Abandons €2.5 Billion Pursuit of Ströer as Valuation Gaps Persist
TL;DR Blackstone has withdrawn from a potential €2.5 billion takeover of German media company Ströer SE & Co. KGaA, where it was part of an investor consortium with I Squared Capital....
Brookfield Bets on Global Air Cargo With $1.2 Billion WFC Acquisition
TL;DR Brookfield Asset Management has agreed to acquire World Freight Company (WFC) from private equity firms PAI Partners and EQT for an enterprise value of approximately $1.2 billion. WFC is the...
KKR Explores $3 Billion Sale of The Bay Club as Wellness Assets Command Premium Multiples
KKR & Co. is reportedly evaluating strategic options for The Bay Club, the high-end California-based "active lifestyle" company, including a potential sale that could value the hospitality brand at...
Thoma Bravo Explores $1.5 Billion Stake Sale in Command Alkon Amid Construction Tech Resurgence
TL;DR Private equity firm Thoma Bravo is exploring the sale of its 55% stake in construction software leader Command Alkon, targeting a valuation over $1.5 billion for the stake. The deal implies a...