RBC Blue Bay Asset Management: Raising $300M to Target Emerging-Market Private Lending Business
RBC BlueBay Asset Management is stepping up its investment in emerging markets with a new $300 million fundraising initiative aimed at private lending. This strategic move builds on their initial $170 million investment, which has already achieved an impressive 22% annual return in US dollar terms, according to a source familiar with the details who […]
Rothschild & Co: Advisory on Crédit Agricole’s Minority Stake Acquisition in Océinde Communications
Rothschild & Co has successfully advised Crédit Agricole Assurances (CAA) on its strategic acquisition of a minority stake in Océinde Communications (OC), a leading fiber-to-the-home (FTTH) operator on Réunion Island. This move is part of
Brookfield Asset Management: Acquisition of the Thermal Management Business of nVent for $1.7bn
Brookfield Asset Management has struck a deal to acquire nVent Electric plc’s Thermal Management business for $1.7 billion in cash. This significant transaction includes the well-known RAYCHEM and TRACER brands, signaling a strategic shift for nVent towards a more streamlined focus on electrical connection and protection solutions. The sale, expected to close
Barclays, RBC Capital Markets: Advisory on TowerBrook and CD&R’s Acquisition of R1 RCM for $8.9bn
Barclays and RBC Capital Markets have played pivotal roles as financial advisors in the acquisition of R1 RCM Inc. by TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R), valued at approximately $8.9 billion. This strategic move will see
Goldman Sachs Exclusive: Sale of $2 Billion Risk Transfer Bond
Goldman Sachs has launched a sale for a bond that shifts the risk associated with $2 billion in loans. This financial strategy, known as a synthetic risk transfer, involves bonds linked to private fund loans, exposing investors to potential losses if defaults occur. The bonds are expected to
Goldman Sachs, JP Morgan: Advisory on Sixth Street Partners $5.1bn Acquisition of Enstar
Sixth Street has agreed to acquire Enstar Group Limited in a deal valued at $5.1 billion. Under the terms of the agreement, Enstar shareholders will receive $338.00 per share in cash, marking an 8.5% premium over the 90-day volume-weighted average price prior to the announcement. The transaction is fully financed
PWC, Deloitte: Advisory on BMS Group’s £450m Acquisition of David Roberts & Partners
PwC, alongside Deloitte, advised on BMS Group’s strategic acquisition of David Roberts & Partners (DR&P), a leading UK broker, for £450 million. This move marks a significant expansion for BMS, enhancing its capabilities and market presence in the insurance sector. Established in 1977, DR&P has
Apollo Global Management: $6.3bn Acquisition of Everi and IGT’s Gaming & Digital Business
Apollo Global Management, Inc. (Apollo) has orchestrated a pivotal $6.3 billion all-cash acquisition, bringing International Game Technology’s (IGT) Gaming and Digital business and Everi Holdings Inc. under its umbrella. This strategic move consolidates both entities into a new holding company managed by Apollo’s funds. Under the agreement, Everi shareholders
KKR Exclusive: Joint Acquisition With Dragoneer Investment Group of Instructure for $4.8bn
KKR, in partnership with Dragoneer Investment Group, has agreed to acquire Instructure Holdings, Inc. for approximately $4.8 billion. Under the terms of the deal, Instructure shareholders will receive $23.60 per share in cash, a 16% premium over the stock’s price before acquisition rumors surfaced. This transaction will transform Instructure
Macquarie Group Exclusive: Advisory on Standard General and Bally’s Corporation $4.6bn Merger
Macquarie Group has advised on a transformative deal in the gaming sector, where Bally’s Corporation will merge with affiliates of Standard General L.P. in a transaction valued at approximately $4.6 billion. Under the definitive merger agreement,
