Apax and Duke Street Capital portfolio company Focus DIY is believed to be on the brink of a rescue deal with Apollo Management. The DIY retailer has struggled with its debt load for the last two years following worsening conditions in the home improvement market and was put up for sale earlier this year. Apax and DSC appointed Rothschild to dispose of the business. Apollo is understood to be in advanced talks regarding a rescue package.
New €200m vehicle has closed in connection with a six-asset deal
Deal follows the merger between Stockholm-based media agency Chimney and US-based tech company OneVigor in September last year
Traffic safety and management company has announced eight add-ons since Triton's 2017 investment
Hg sold the compliance software company to KKR in August 2020 in a transaction valued at £500-600m