CVC Growth Fund to invest $80 mln in Kount

By Luisa Beltran — 2 months ago

CVC Capital Partners’ growth fund is making an $80 million growth investment in Kount. Boise, Idaho-based Kount provides online and mobile fraud detection and prevention solutions. Portico Capital Securities LLC provided financial advice to Kount.

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CVC, CPPIB to buy Petco for $4.6 bln

By Luisa Beltran — 3 months ago

Petco Animal Supplies Inc. said Monday that CVC Capital Partners and Canada Pension Plan Investment Board have agreed to buy the pet retailer for about $4.6 billion. TPG and Leonard Green & Partners are the sellers. San Diego-based Petco is a specialty retailer of premium pet food, supplies and services. Goldman, Sachs & Co. and J.P. Morgan Securities LLC are acting as financial advisors to Petco. Barclays, Citigroup and Moelis acted as lead financial advisors to CVC and CPPIB.  Barclays, Citigroup, Barclays, Royal Bank of Canada, Credit Suisse, Nomura and Macquarie provided committed debt financing to CVC and CPPIB.

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One Equity to acquire August Columbia Capital

By Luisa Beltran — 5 months ago

One Equity Partners is buying Augusta Columbia Capital. Financial terms weren’t announced. Chip Schorr, Augusta’s founder, is joining One Equity’s operating and investment committees once the deal closes. New York-based Augusta focuses on middle market technology investing. Schorr is a former Senior MD of the Blackstone Group where he focused on technology investing, Reuters News reported. Schorr and Dick Cashin, One Equity’s President, were also both partners at CVC Capital Partners.

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CVC in talks to buy Astorg’s Linxens

By Luisa Beltran — 8 months ago

CVC Capital Partners said Wednesday it has entered into exclusive talks to buy Linxens from Astorg Partners. Financial terms weren’t announced although the Wall Street Journal pegged the deal at $1.66 billion. Guyancourt, France-based Linxens designs and makes smart card connectors.

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Univar IPO raises $770 mln

By Luisa Beltran — 8 months ago

Univar Inc. on Wednesday priced its IPO at 35 million shares at $22 each via joint book runners Deutsche Bank Securities, Goldman, Sachs & Co. and BofA Merrill Lynch. Univar, a chemical distributor, is selling 20 million shares while certain stockholders are offering 15 million. Univar shares will trade on the NYSE under the ticker symbol “UNVR” later today. Univar is a portfolio company of CVC Capital Partners.

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Crestview, CVC, Pinebrook invest in Fidelis Insurance

By Luisa Beltran — 8 months ago

Fidelis Insurance Holdings Ltd. said Tuesday it has launched with $1.5 billion in equity capital.Crestview Partner, CVC Capital Partners and Pine Brook have invested a combined $650 million in Fidelis. Individual investors, family offices and institutional investors provided the remaining capital. Bermuda-based Fidelis provides specialty insurance and reinsurance products for property, energy, marine and aviation risk classes.

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Carlyle, CVC invest in Neptune Oil & Gas

By Luisa Beltran — 8 months ago

The Carlyle Group and CVC Capital Partners said Tuesday they have agreed to fund Neptune Oil & Gas Ltd. Financial terms weren’t announced. London-based Neptune will be investing in large oil & gas portfolios. Sam Laidlaw, an industry veteran, will lead Neptune and is its Executive Chairman.

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