The transaction, funded through Carlyle Europe Partners V'a '6.4bn vehicle targeting European mid-market opportunities'forms the basis of a strategic partnership aimed at accelerating SNP's long-term international growth. Brookfield Infrastructure Partners and its institutional affiliates have agreed to acquire Colonial Enterprises, the operator of the largest fuel pipeline in the US, in a $9bn transaction that underscores growing private equity interest in strategic energy infrastructure. The acquisition will see Brookfield take full control of Colonial from a consortium of five shareholders, including KKR (23.4%), CDPQ (16.5%), IFM Investors (15.8%), Koch Inc. (28.1%), and Shell's Midstream Operating unit (16.125%), which is exiting its stake for $1.45bn. Brookfield has resumed takeover discussions with Spanish pharmaceutical group Grifols, according to Spanish news outlet El Confidencial, sparking an 11% surge in the company's share price during early Wednesday trading. The Canadian investment firm is reportedly considering a bid that would value Grifols at '7bn ($7.55bn), with Morgan Stanley acting as adviser. This follows a previously withdrawn non-binding '6.7bn offer made last November, which was rejected by Grifols management for undervaluing the company....
Private equity contributed $564.6m in earnings, a 13% increase, buoyed by $6.5bn in asset sales during the quarter. Blackstone's credit and insurance arm also saw continued momentum, attracting half of the $61.6bn in total quarterly inflows. The firm's assets under management rose 10% to $1.17tn. 'Our scale and flexibility continue to position us well in a volatile environment,' said Blackstone CEO Stephen Schwarzman. Despite policy uncertainty and trade tensions, the firm remains active across dealmaking verticals, especially in credit where demand for flexible financing has led borrowers to seek alternatives to traditional banks. While real estate was a drag on results due to elevated interest rates, Blackstone's core private equity and credit strategies delivered resilient growth. The firm's ability to selectively execute exits and capture capital flows highlights its role as a market leader in alternative asset management. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....
Founded as a budget-friendly fitness club catering to middle-income consumers, EoS offers memberships starting at $9.99 per month and operates more than 175 company-owned locations across Arizona, Florida, Georgia, Nevada, Southern California, Texas, and Utah. BRS & Co, a New York-based middle-market investment firm, acquired EoS in 2015 alongside another investor, when the business had just 16 locations. Since then, the chain has undergone significant expansion under private equity ownership. With predictable recurring revenues from membership subscriptions and robust consumer demand for health and wellness services, fitness businesses continue to attract strong attention from financial sponsors. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....
Founded and chaired by Federico Giudiceandrea, MiCROTEC is headquartered in Brixen, Italy and generates approximately '100m in annual revenue, with 95% derived from exports. Giudiceandrea will retain a stake and continue to lead research and development efforts alongside CEO Frank Jost and CSO Arianna Giudiceandrea. MiCROTEC's proprietary solutions include advanced scanning and computerised tomography technologies used to improve yield and efficiency in industrial processing. The company gained international recognition for its role in the restoration of Notre Dame's spire, where its technology helped select ideal oak trees without waste. Clessidra will support the company's existing organic growth trajectory and pursue strategic acquisitions to reinforce its presence in core markets. MiCROTEC currently operates across Italy, North America, Sweden, Finland, and Germany with a global workforce of 450. 'We are thrilled to partner with MiCROTEC, which has established itself as a trusted supplier to world-leading players,' said Andrea Ottaviano, CEO at Clessidra Private Equity SGR. 'Our investment will help scale the business further while staying true to its legacy of innovation.'...
