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Affinity Equity Partners is considering divesting its minority stake in the global airport hospitality group Plaza Premium, potentially valuing the company at around $1 billion. The Asia-focused private equity firm is seeking interest from potential buyers, including other financial sponsors, as it engages in early-stage discussions about the sale.
Stone Point Capital is initiating a $1 billion evergreen fund aimed at expanding its footprint in the retail wealth market. The fund, which is being seeded with capital from the firm's Trident flagship private equity funds, is expected to attract additional investment from wealthy individual investors.
Private equity firm Warburg Pincus has agreed to sell TRC Companies, a US-based engineering group, to Canadian firm WSP Global in a cash transaction valued at $3.3 billion. This acquisition enhances WSP's position as a leading engineering firm in North America and aligns with its strategic growth objectives.
Nomura Holdings is actively pursuing acquisitions in the private debt asset management sector to enhance its alternatives business. The move follows its recent $1.8 billion acquisition of Macquarie's US and European public asset management businesses and aims to capitalize on rising demand in Japan's direct lending market.
Investindustrial has appointed Alberto Bettoli as the new co-head of operational improvement, effective April 2026. This strategic move aims to enhance the firm's advisory capabilities, particularly in the rapidly growing markets of the Middle East and Asia.
Mutares SE & Co KGaA has divested its portfolio company Fuentes Quality Logistics SL to a consortium led by Ontime franchise and the founding family for approximately €200 million. This strategic sale aims to bolster Ontime's position in the temperature-controlled logistics sector within the Iberian and European markets.
TPG has significantly reduced its stake in cosmetics company Anastasia Beverly Hills from approximately 38% to around 6% as part of a debt restructuring that largely erases its $600 million investment. The founder, Anastasia Soare, is exploring a potential $225 million capital injection to stabilize the struggling business.
Thoma Bravo is negotiating a merger between shipping software provider Auctane and logistics firm WWEX, aiming to create a new entity valued at $12 billion. The proposed transaction includes a $500 million equity injection and significant financing efforts to support the merger.
Portage Point Partners has appointed Lance Carr as managing director and head of valuations, bolstering its advisory and financial services capabilities. Carr, with nearly two decades of experience in valuations and M&A advisory, is set to enhance the firm's offerings across various industries.
Sackville Capital, the wealth management firm founded by former Goldman Sachs executive Nasir Alsharif, announces the departure of Benson Li, its head of investments, who played a key role in the firm's shift towards private markets. As Sackville continues to focus on private equity and alternative investments, this leadership change signals a growing commitment to repositioning its investment strategy.
The private equity owners of the UK’s leading roadside recovery businesses, the AA and RAC, are strategizing exits next year, targeting valuations of approximately £5 billion each. With both companies exploring various options, including potential IPOs and sales, the market is set for a significant shift in the roadside assistance sector.
MML Capital has successfully raised over €630 million for its new continuation fund, MML Dorchester SCSp, aimed at acquiring interests in two European business services companies. This initiative allows existing investors to either realize returns or maintain their investment as MML seeks to capitalize on growth opportunities in these firms.
SK Capital, a US-based private investment firm, is set to acquire a majority stake in Swixx Biopharma from HBM Healthcare Investments AG and Mérieux Equity Partners in a deal valuing the pharmaceutical services group at more than €1.5 billion. This acquisition aims to bolster Swixx's growth trajectory in the biopharmaceutical sector, with significant expansion into new markets projected.
Coca-Cola is in critical discussions with private equity firm TDR Capital to finalize the sale of Costa Coffee, with negotiations focusing on a revised valuation of the deal. The beverage giant aims to secure around £2 billion, significantly lower than its original acquisition price of £3.9 billion in 2018 as it seeks to address ongoing financial challenges faced by Costa.
Ares Management CEO Michael Arougheti has expressed skepticism about the growing trend of partnerships between alternative asset managers and traditional investment firms, particularly in the 401(k) sector. While acknowledging the potential for growth in this area, Ares is taking a cautious approach to entering retail partnerships despite competitors like Apollo and Blackstone making significant moves.
Private investment firm Apex has initiated a fund aimed at acquiring minority stakes in European sports teams and leagues, targeting valuations between €50 million and €500 million. This strategic move comes amid rising valuations in the sports sector, reflecting a growing trend among investors to seek opportunities in alternative sports assets.
In a significant move for Japan's mergers and acquisitions sector, a consortium led by Sumitomo, SMBC Aviation Capital, Apollo, and Brookfield has acquired Air Lease Corporation for $7.4 billion. This transaction highlights the evolving landscape of financing structures in Japan's M&A market, which is poised for continued growth through 2026.
Jean-Marie Laurent Josi, CEO of Cobepa, highlights potential downturns in the private equity sector while emphasizing the resilience provided by the secondaries market. Cobepa, a Brussels-based firm managing €5.1 billion in assets, continues to grow its portfolio through strategic investments in the U.S., including stakes in Sax and Eagle Fire.
Carnelian Energy Capital is seeking to sell six significant North American oil and gas investments, which could account for 40% of its overall portfolio. The firm is reportedly in advanced discussions to sell Hawthorne Energy and Veritas Permian III, with total asset values ranging from a few hundred million dollars to over $1 billion.
Lumexa Imaging, a diagnostic imaging services provider, has successfully completed its initial public offering, raising $462.5 million and achieving a valuation of $1.75 billion. The company plans to utilize this capital to enhance its operations and expand its footprint across the U.S., following a series of strategic acquisitions since its formation in 2018.