GIC
Hellman & Friedman kicks off talks for TeamSystem stake sale
Sponsors and sovereign wealth funds have been selected for discussions with the Italian cloud software group
Ardian exits Unither to GIC, IK-led consortium
Existing investors Keensight and Parquest to remain in share capital alongside company's management
Inspired Education stake sale attracts Blackstone, EQT, H&F, KKR
Information memorandums for the GIC- and TA Associates-backed national schooling company should be circulated next week
TDR et al. in EUR 4.9bn LeasePlan sale
LeasePlan will be combined with Societe Generale's car-leasing subsidiary ALD, forming NewALD
CD&R forms USD 4bn special-purpose vehicle for Belron stake
CD&R is also selling part of its stake to existing backers, including Hellman & Friedman
Aeternum et al. invest in Hg's Visma at EUR 16bn EV
Deal sees Aeternum Capital, Government Pension Fund Norway (Folketrygdfondet), Vind and GIC invest
Wm Morrison board accepts GBP 7bn CD&R offer
Deal would be the largest PE-backed take-private in the UK since Boots' GBP 11.1bn delisting in 2007
H&F, BlackRock, GIC invest in Belron at EUR 21bn EV
Hellman & Friedman (H&F), BlackRock and GIC are to acquire a 13% stake in vehicle glass repair and replacement firm Belron in a deal that gives the company an enterprise value of EUR 21bn and an equity value of EUR 17.2bn.
EQT launches longer-hold strategy, reinvests in Anticimex
GP exits Anticimex via its EQT VI fund, and reinvests in the company via the new strategy
PE-backed Allfunds to list within weeks
Company's backers could raise around €2bn through the IPO, according to Mergermarket
Ion, GIC launch €1.86bn takeover for Cerved
Cerved will be de-listed from the Italian stock exchange if the offer is successful
Onex, GIC lead investment in $1bn Convex
GIC has made several investments in 2020, including in Klarna and Thyssenkrupp Elevator
Klarna valued at $10.6bn after $650m round led by Silverlake
Valuation makes it the highest-valued private European and the fourth-highest in the world
Thyssenkrupp Elevator consortium seeks additional equity investors – report
Advent, Cinven and RAG Stiftung agreed to buy the company in February in a deal valued at €17.2bn
EQT sells minority stake in Anticimex to GIC
Singaporean sovereign wealth fund invests in a deal that values the company at around €3.6bn
H&F-backed Allfunds bolts on Credit Suisse InvestLab
Credit Suisse will become a minority shareholder of up to 18% in the combined business
BC and GIC close to Acuris sale to Ion
Deal reportedly values Unquote's parent company, which generated £75m in EBITDA in 2018, at £1-1.2bn
Insight and DST lead $230m series-A for Checkout.com
GIC, Blossom, Endeavour Catalyst and others also took part in the round for the e-payments firm
Oaktree Capital exits Railpool
Oaktree wholly acquired the company in 2014 and partially exited the company in 2016 to GIC
GIC backs CitizenM in €2bn deal
Sovereign wealth fund and previous backers KRC and APG invest €750m in the Dutch hotel operator
BC- and GIC-backed Acuris bolts on Blackpeak
Acquisition of the investigative research business comes amid a reported sale process for Acuris
GIC invests in EQT-backed NAC
Bringing in a new investor will enable NAC to continue its consolidation strategy