Ares Buying 36 Industrial Properties From EQT For $650M
Ares Management is purchasing 36 industrial warehouses from EQT Real Estate for more than $650 million, marking its second major acquisition from the seller in four months. The transaction includes 7.3 million square feet of space, financed with a $500 million two‑year floating‑rate loan and over $168 million of Ares equity. The portfolio is 95% occupied with average rents of $5.78 per square foot, and features two large fully‑leased facilities valued near $48 million each. The deal comes as Ares limits redemptions on its Strategic Income Fund amid $1.2 billion of investor requests and as industrial absorption rebounds while vacancy modestly rises to 6.7%.
The Six Types of Due Diligence You Need Before Merging
The article outlines six essential due‑diligence categories that CPA firms should evaluate before merging, stressing that the scope must be tailored to each transaction. It recommends pairing a Letter of Intent with reviews of financial, tax, legal, operational, cultural, and...
Subprime Lender Goeasy Secures Debt Relief After Share Slide
Goeasy Ltd. secured debt‑relief concessions after a Q4 charge‑off surge of C$331 million ($241 million) forced its auto‑lending unit LendCare out of compliance, sending shares down over 60 % and its 6.875 % note to 79.25 cents. Lenders waived covenants, raised spreads by 100 basis...
Behaviour Acquires The Fun Pimps, Creators of 7 Days to Die
Behaviour Interactive, Canada’s largest game studio, announced the acquisition of The Fun Pimps, the developers behind the survival‑horror hit 7 Days to Die. The title has sold more than 20 million copies since its 2013 early‑access launch and maintains a vibrant...
KKR Approaches First Close of Around $5bn for Third APAC Infra Fund – Exclusive
KKR is nearing the first close of its third Asia‑Pacific infrastructure fund, targeting roughly $5 billion in commitments. The firm is on pace to exceed the $6.4 billion raised for its second APAC fund, which already set a regional fundraising record. The...
Advent to Acquire Body Care Brand Salt & Stone
Advent announced the acquisition of Salt & Stone, the fast‑growing body‑care brand known for its natural, cruelty‑free products. The transaction includes the exit of Humble Growth, which made a minority investment in Salt & Stone in 2024. Financial terms were...
Main Post Invests in Pretzel Brand Stellar Snacks
Main Post, a venture capital firm focused on consumer brands, has announced an investment in Stellar Snacks, a pretzel maker. Stellar Snacks already enjoys broad retail distribution, with its products available at major chains including Costco, Target, Sprouts, Kroger, Albertsons,...
US Tech Entrepreneur Kal Somani Buys Rajasthan Royals for $1.63bn
Bundesliga International has signed a three‑year partnership with Thailand’s leading telecom provider AIS, beginning in the 2026‑27 season. The deal will stream all nine Bundesliga matches per matchday, plus marquee events, on AIS PLAY, integrating the league into the platform’s premium...
Turnspire Said to Collect Bids for USG Water Solutions; Blue Fire Equity’s Farrah Holder on Marketing and PE
Turnspire Capital Partners is set to solicit first‑round bids in mid‑April for USG Water Solutions, the municipal water‑service firm it added to its 2023 portfolio. The bid process signals a potential sale or strategic partnership for the utility provider. In...
Cerebral Acquires Cognitive Behavioral Therapy App Inflow to Expand ADHD Treatment
Cerebral, a large integrated mental‑health provider, has acquired Inflow, a CBT‑based digital therapeutic app for adult ADHD, though financial terms were not disclosed. Inflow delivers short, science‑backed daily modules and is supported by an eight‑week randomized controlled trial showing significant...
Exclusive: Bettani Farms CEO on Its Acquisitions & Plans to Stretch the Vegan Cheese Category
Bettani Farms, the former Climax Foods, raised $6.5 million and acquired Hungry Planet, Numu and Stockeld Dreamery to create a unified vegan cheese platform. Leveraging its AI‑powered Caseed ingredient, the company unveiled a high‑stretch mozzarella that mimics dairy performance, achieving a...
PSERS to Commit up to $275m Across Warwick Partners, LS Power Funds
The Pennsylvania Public School Employees’ Retirement System (PSERS) announced commitments of up to $275 million to two private‑market funds managed by Warwick Partners and LS Power. The allocations are earmarked for infrastructure and renewable‑energy projects and will be drawn down over...
Hybrid Advisors, Faithstone Capital Eye $3bn Fund of Funds Platform Through New Joint Venture
Hybrid Advisors and Faithstone Capital Partners have formed a master joint venture, Hybrid Faithstone, to expand the Hybrid Advisors platform into a $3 billion fund‑of‑funds vehicle. The partners aim to raise and deploy the capital over the next 18 months, creating...
Early Mover AI Investor Air Street Capital Continues Rapid Fund Size Growth with $232m Fund III Close
Air Street Capital has closed its third venture fund at $232 million, almost twice the size of its second fund. The new capital will be deployed into early‑stage artificial‑intelligence startups, building on the firm’s track record of backing market‑defining technologies. The...
Inside the €1bn Huel Sale to Danone
Danone has agreed to buy UK nutrition brand Huel for €1 billion, expanding its portfolio into plant‑based, ready‑meal offerings. Huel, founded in 2014, grew through a digital‑first direct‑to‑consumer model, leveraging social media and creator partnerships to reach a global, younger audience....
Side Letter: Disrupting Secondaries
AI-related risk assessments are reshaping private‑equity secondary market processes, prompting firms to embed stricter side‑letter provisions. In Japan, limited partners are rapidly rotating commitments, creating a “musical chairs” dynamic among dealmakers. Meanwhile, a recent poll shows half of general partners...
IFM Investors to Increase Exposure to Growth Sectors
IFM Investors announced plans to increase its exposure to high‑growth infrastructure sectors by adding value‑add assets to its portfolio. Vivien Cheung, the firm’s vice‑president of infrastructure, said the strategy will complement IFM’s existing core holdings and aim to capture upside...
Summit and Aimpoint Technology Merge to Expand End-to-End Salesforce Services
Summit, a multi‑cloud Salesforce consulting partner, has merged with Aimpoint Technology, a specialist in public‑sector advisory and implementation, to form a unified company under the Summit brand. The deal combines Summit’s scalable delivery and AI‑driven analytics practice with Aimpoint’s deep...
Prism’s Motel 6 Bet: Ritesh Agarwal’s IPO Setup and the Budget Hotel Comeback
Prism, the rebranded OYO, has acquired Motel 6 to spearhead a technology‑driven overhaul of budget hotels. The company is concentrating on economy and extended‑stay segments in both India and the United States, launching the Studio 6 brand for U.S. properties. CEO Ritesh Agarwal is...
‘Solid Exit Activity’ Still Insufficient to Clear APAC’s Overhang – Bain & Co
Bain & Co’s Asia‑Pacific Private Equity Report 2026 shows that companies held beyond five years increased 18% in 2025, indicating a growing portfolio overhang. Despite a modest uptick in exit activity across the region, the pace of disposals remains insufficient...
Dunes Point Aims High with Fourth Fund
Dunes Point Capital, a mid‑market private‑equity firm, is launching its fourth flagship fund with a target raise of $1.3 billion, a substantial increase from the $800 million raised for Fund III. The larger capital base reflects the firm’s ambition to scale its investment...
The M&A Risk of Confusing Market Velocity with Marketing Capability
Rob Robinson warns that technology M&A teams often mistake rapid market momentum for durable marketing capability. When a product arrives at the right moment, its novelty can generate brand‑like awareness without a solid marketing org, inflating acquisition premiums. As the...
Komerz Acquires Pathformance to Build the Commercial Growth Operating System for Global Brands
Komerz Ltd., a global commercial growth firm, announced the acquisition of Pathformance, a marketing measurement and attribution specialist, in a deal that values Komerz at $330 million post‑transaction. The merger combines Komerz’s end‑to‑end commerce platform with Pathformance’s unified measurement capabilities, creating...
The Entrepreneur’s Strategic Guide to Buying a Business
Acquiring an existing company can accelerate growth far faster than building from scratch, offering instant market entry, proven teams, and valuable IP. Success hinges on a clear strategic purpose—whether speed, synergies, or capability gaps drive the deal. Entrepreneurs must decide...
University of California Shops $3bn LP Portfolio in Major Sale
The University of California system is offering roughly $3 billion of limited‑partner stakes in private‑equity funds for sale on the secondary market. This move represents the latest effort by the public‑university consortium to unlock liquidity from its sprawling endowment portfolio. Proceeds...
Blackstone Considers Foraying Into Sports with Its First-Ever Investment in IPL Teams Like RCB, Rajasthan Royals
Blackstone Inc. is weighing a $200‑$300 million investment in an Indian Premier League franchise, targeting either Royal Challengers Bengaluru or Rajasthan Royals. The two teams are valued between $1.3 billion and $2 billion, with full payment expected up front. The move reflects a...
Vibe-Coding Startup Lovable Is on the Hunt for Acquisitions
Lovable, the AI‑powered app‑building platform once valued at $6.6 billion, announced it is actively seeking acquisitions to bring in founder‑type teams. CEO Anton Osika posted on X that the company wants “more great teams and startups to join Lovable,” aiming to boost...
Apollo, Bain Among Bidders for Continental Industrial Unit
Apollo Global Management and Bain Capital have entered the auction for Continental AG’s ContiTech industrial unit, joining a crowded field of private‑equity suitors. Advent and CVC Capital Partners are collaborating on a joint bid, while Platinum Equity, KPS Capital Partners...
CrossCountry, UWM Vie for Two Harbors in Bidding War
Two Harbors said CrossCountry’s unsolicited $10.70‑per‑share cash offer is superior, but a higher $10.75 cash bid from an unnamed party is also on the table. The REIT would receive a $25.4 million fee if the pending $1.3 billion all‑stock merger with United...
RCB Auction Heats Up Without Manchester United’s Glazer
The sale of Royal Challengers Bengaluru (RCB) has entered its final stage, with two main bidders: Swedish private‑equity firm EQT and a consortium of Manipal Hospitals’ Ranjan Pai, KKR and Temasek. The Glazer family and other high‑profile suitors have withdrawn, ending...
Mercer Acquisition Brings ‘Missing Link’ to AltamarCAM
Mercer has completed the acquisition of AltamarCAM, a specialist in private‑equity secondaries, to fill a strategic gap in its investment‑advisory platform. The deal was discussed by Mercer’s Michael Dempsey in a Q&A with AltamarCAM founder Jose Luis Molina, emphasizing the...
Bark Won’t Go Private, for Now
Bark announced it will not pursue two recent take‑private offers, opting to remain a public company. The board’s special committee concluded that the existing standalone strategy best maximizes long‑term shareholder value. The first proposal from Great Dane Ventures was withdrawn...
Side Letter: ‘Cardinal Sin’
The piece labels evergreen side‑letter structures a “cardinal sin” when they are mis‑sold or mis‑structured, warning that such arrangements can trap investors in perpetual commitments. It details a recent governance clash at one of Australia’s largest limited partners, prompting a...
Lead Edge Capital Scores Biggest Capital Raise yet with Oversubscribed $3.5bn Fund VII
Lead Edge Capital announced the close of its seventh private‑equity fund with $3.5 billion of commitments, making it the firm’s largest raise to date and an oversubscribed transaction. The new Fund VII will focus on investments in software, internet platforms and...
The Lesser-Known Part of PE Where Sponsors Seek 3x-Plus Returns
Headway Capital Partners’ research shows independent private‑equity sponsors are targeting three‑times‑plus returns, outpacing traditional fund benchmarks. The shift stems from heightened deal selectivity and a strategic focus on lower‑multiple acquisitions. Sponsors believe tighter sourcing and disciplined pricing can deliver superior...
Eurobites: Poste Italiane Proffers €10.8B Bid for Telecom Italia
Poste Italiane has submitted a €10.8 billion offer to acquire Telecom Italia, Italy’s largest fixed‑line operator. The postal group already controls 27.3% of TIM after buying shares from former major shareholder Vivendi. TIM’s fixed‑line network has already been sold to a...
Japan Secondaries Shop to Close Debut Fund Near Hard-Cap
Japan’s emerging secondaries boutique RGCM announced the imminent close of its debut vehicle, RGCM Fund I, with commitments approaching the fund’s hard‑cap. The fund will target both direct secondary transactions and primary financing rounds, offering investors diversified exposure to private‑market...
Confirmed: Primary Wave Music to Acquire Kobalt From Francisco Partners
Primary Wave Music has agreed to acquire Kobalt, a leading independent publishing and technology platform, in a deal valued at over $1.5 billion. Brookfield will co‑invest, reinforcing a partnership that began with a $2 billion funding arrangement in 2022. Kobalt will stay...
AEA Elevate Invests in Tech Company Trinamix
AEA Elevate has announced an investment in Trinamix, a technology firm that provides solutions to enterprise and mid‑market organizations. The funding is intended to bolster Trinamix’s product development and expand its market reach. While the exact amount was not disclosed,...
Somerset Indus Capital Partners Raises $288M in Fund III
Somerset Indus Capital Partners announced the closing of its third fund with $288 million in commitments, surpassing the $250 million target. The fund, backed by development finance institutions, global investors and family offices across Europe, the U.S. and Southeast Asia, will target...
West Kitikmeot Secures ATCO Backing
West Kitikmeot Resources Corp. secured a C$10 million (US$7.4 million) investment from Calgary‑based ATCO Ltd., granting the infrastructure firm a 40 % equity stake. The funding will support the staged development of the Grays Bay Road and Port Project, an all‑season 230‑km road...
Gryphon-Backed Rootstock Picks up ERP Software Provider Ascent Solutions
Rootstock, the cloud ERP specialist backed by Gryphon Investors, announced the acquisition of Ascent Solutions, a provider of Salesforce‑based ERP and operational applications. The deal adds Ascent’s suite of cloud solutions to Rootstock’s portfolio, strengthening its position on the Salesforce...
Olympus Partners to Sell EyeSouth’s Retina Business for $1.1b
Private equity firm Olympus Partners announced the sale of EyeSouth’s retina business for $1.1 billion. EyeSouth, a U.S.-based management services organization for eye‑care providers, will transfer its retina platform to an undisclosed buyer. The transaction underscores strong valuation multiples in specialty...
EA Touts $700 Million Buyout Cost Savings to Coax Debt Investors
Electronic Arts is courting investors for a $15 billion debt package that will fund its acquisition by a consortium of private‑equity firms. The financing proposal emphasizes roughly $700 million in annual cost‑saving synergies that the new owners expect to recognize as earnings....
Maha to Acquire Stake in Venezuela's PetroUrdaneta
Swedish investment firm Maha Capital AB announced it will acquire an indirect 24% stake in Venezuela’s PetroUrdaneta, a joint venture operating Maracaibo basin fields. The acquisition follows the U.S. Treasury’s issuance of General License 52, which relaxes sanctions on certain...
Persistent Appoints Hari S. Abhyankar as Executive Vice President and Global Head of Private Equity and Professional Services
Persistent Systems announced the appointment of Hari S. Abhyankar as Executive Vice President and Global Head of Private Equity and Professional Services. Abhyankar will steer the firm’s AI‑led transformation strategy for private‑equity investors and their portfolio companies, from diligence through...
Igneo: ‘I Don’t Want to Be on the Phone to Clients Explaining Why Our Valuations Dropped’
Niall Mills, global head of Igneo Infrastructure Partners, discussed on the Infrastructure Investor Podcast the firm’s recent exit from its inaugural Euro‑denominated fund. He explained why Igneo now performs quarterly valuations instead of annual updates, citing client expectations and market...
Vox Media Tried to Sell Its Podcasts, and Itself
Last year Vox Media's bankers floated options to sell its podcast network, New York Magazine, or the entire company. The most publicized plan was a spin‑off of the 30‑plus‑show podcast portfolio, but the company later withdrew the offer. Valuation has slipped...
The Making Of A $500Mn SaaS Powerhouse: Inside Wingify’s Merger With AB Tasty
Wingify, the maker of Visual Website Optimizer (VWO), merged with French competitor AB Tasty in January 2026, forming a $500 million SaaS powerhouse. The combined entity now reports roughly $120 million in annual revenue and serves about 4,000 customers across the US...
Bilt Buys Sion for $30M and It’s About the Data
Bilt Rewards acquired travel‑commission platform Sion for $30 million, its second major deal after buying receipt‑data firm Banyan. Sion serves over 8,000 travel advisors and processes more than $7 billion in booking revenue, giving Bilt unprecedented access to travel transaction data. While...