private equity

Motive Partners Invests $50 Million for Controlling Stake in Splitit

Motive Partners Invests $50 Million for Controlling Stake in Splitit
Motive Partners Invests $50 Million for Controlling Stake in Splitit
December 12, 2023  |  Investments

Private equity group Motive Partners has secured a controlling stake in installment payments company Splitit. Motive has committed to invest $50 million in Splitit, the companies announced Tuesday (Dec. 13)...

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Report: Worldline Could Be Private Equity Takeover Target
Report: Worldline Could Be Private Equity Takeover Target
November 26, 2023  |  Partnerships

Worldline’s stock climbed last week amid reports that it could be a takeover target. As Seeking Alpha noted Friday (Nov. 24), the French payments firm rose 5% on...

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Report: Advent Holds Off on CCC Intelligent Solutions Sale
Report: Advent Holds Off on CCC Intelligent Solutions Sale
October 24, 2023  |  Partnerships

The sale of car insurance industry software firm CCC Intelligent Solutions is reportedly in limbo. According to published reports Tuesday (Oct. 24), sources familiar with the matter say CCC...

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Brookfield Taps Ex-Worldpay Exec to Move Deeper into Payments Sector
Brookfield Taps Ex-Worldpay Exec to Move Deeper into Payments Sector
October 23, 2023  |  Personnel

Brookfield has hired Worldpay’s former CEO to oversee its push into the financial infrastructure space. Sir Ron Kalifa, who spent more than a decade leading...

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Report: Private Equity Firms Reconsider Potential Acquisition of Adevinta
Report: Private Equity Firms Reconsider Potential Acquisition of Adevinta
October 22, 2023  |  Partnerships

Private equity firms Blackstone and Permira are reportedly reconsidering their potential acquisition of Oslo-based online classifieds company Adevinta. The potential deal, which would have been one of the year’s biggest...

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Partners Group CEO: Private Equity Entering New Era of ‘Consolidation’
Partners Group CEO: Private Equity Entering New Era of ‘Consolidation’
September 17, 2023  |  Investments

The private market industry has maybe 11,000 players, Partners Group CEO David Layton says. Over the next decade, that number could fall to under 100. In an interview with the...

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Bain to Buy Steakhouse Chain Fogo de Chão for $1.1 Billion
Bain to Buy Steakhouse Chain Fogo de Chão for $1.1 Billion
August 16, 2023  |  Partnerships

Bain Capital is set to acquire Brazilian steakhouse chain Fogo de Chão.  Current owner Rhone Capital announced the sale in a news release Tuesday (Aug....

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KKR to Transfer Majority Stake in Unzer to Creditors
KKR to Transfer Majority Stake in Unzer to Creditors
August 04, 2023  |  Markets

Private equity firm KKR is reportedly set to transfer payments firm Unzer to a group of creditors. The debt providers Alcentra Asset Management, Goldman Sachs Asset Management and Partners Group have agreed in principle...

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