Private Equity 3d Briefing
×Major Deals & Takeovers
BlackRock's GIP pe-insights.com and EQT are in advanced discussions to acquire US power producer AES in a potential $12.4 billion deal. Meanwhile, Blackstone pe-insights.com, along with CVC and Brookfield, has submitted preliminary bids valuing Volkswagen's diesel engine unit Everllence at around €8 billion.
Advent International pe-insights.com is among potential bidders for Senior plc, which has disclosed receiving five takeover offers valuing the company at approximately $1.78 billion. The firm has also finalized its acquisition pe-insights.com of tbi bank after receiving regulatory clearance from the European Commission, expanding its presence in Southeast Europe's fast-growing banking sector.
Searchlight and Abry pehub.com will acquire all issued and outstanding shares of IoT company Kore common stock not already owned by them at $9.25 per share in a $726 million deal. In other acquisitions, Falfurrias-backed Woven Solutions pehub.com has acquired government consultancy Valence, while Multiples PE-backed Zenex pehub.com Animal Health has acquired Netherlands-based Vieve Pharm.
Bain Capital pehub.com is set to acquire Tingstad, a distributor of non-food consumables that serves a broad customer base across Ho Re Ca, culture, facilities management, grocery, and retail sectors.
Fundraising & Market Activity
Goldman Sachs Asset Management secondariesinvestor.com has been named Secondaries Buyer of the Year in the Americas, reflecting its strong position in the secondary market. Meanwhile, Ardian secondariesinvestor.com has taken the title of Secondaries Buyer of the Year in EMEA, while top secondaries deals, firms, law firms, and advisers of the year from the APAC region have also been recognized in Secondaries Awards 2025 secondariesinvestor.com.
KKR's $13bn FSK fund pe-insights.com is adapting to the shifting private credit landscape, with FS KKR Capital Corporation reporting an increase in troubled loans. In other market activity, Blackstone's private credit fund pe-insights.com has priced a $400 million bond for 2029 amid software volatility, while Calpers pe-insights.com remains confident in its private credit exposure despite rising AI-driven software risks in the $1.8 trillion market.
Firm News & Personnel
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