Sterling Investment Services’ Private Equity News

With perpetual capital vehicles, private equity firms are buying and holding, much like Warren Buffett. It’s a dramatic shift from the rapid turnaround typical of the industry.
Posted: May 13, 2021, 3:30 pm
Ralph Lauren Corp (NYSE: RL) has sold its Club Monaco brand to the private equity firm Regent, L.P., for an undisclosed sum. What Happened: Club Monaco is a casual clothing retailer with more than 140 ...
Posted: May 13, 2021, 10:47 am
Speaking with private equity groups and learning of their new housing initiatives, I’m enthusiastic and amazed by what I’m hearing. The pool of private equity funds jumping into the home building ...
Posted: May 13, 2021, 8:26 am
Ralph Lauren Corp. agreed to sell its Club Monaco chain of clothing stores to private equity firm Regent LP as part of a broader overhaul of the apparel company’s brands.
Posted: May 13, 2021, 6:44 am
Evan Metropoulos is putting the roughly 7,000-square-foot spread, which remains unfinished, on the block with no reserve price.
Posted: May 13, 2021, 5:00 am
The firm typically invests $5 million to $30 million of capital in the form of debt and equity into high-growth middle-market companies.
Posted: May 12, 2021, 8:00 pm
A Florida private equity manager has been indicted on charges he lied about his investors in order to obtain a $95 million bank loan for his $500 million fund, federal prosecutors in Manhattan said on ...
Posted: May 12, 2021, 3:38 pm
Federal authorities charged private-equity executive Elliot Smerling with fraud, in perhaps the largest scandal yet to hit the young and fast-growing market for loans tied to buyout funds.
Posted: May 12, 2021, 2:04 pm
The London-listed firm urged shareholders to back the cash offer from Clayton, Dubilier & Rice, which is worth 1023p per share. That is a 21.5 per cent premium on UDG's closing price on Tuesday.
Posted: May 12, 2021, 1:56 pm
Four years after private equity firm KPS Partners acquired Carlsbad-based TaylorMade from Adidas AG for $425 million, they’ve sold the golf equipment brand to Seoul-based Centroid Investment Partners ...
Posted: May 12, 2021, 11:09 am
Private equity firm Clayton, Dubilier & Rice (CD&R) has agreed to buy London-listed UDG Healthcare UDG.L for 2.6 billion pounds ($3.7 billion), the pharmaceuticals services company said on Wednesday.
Posted: May 11, 2021, 11:55 pm
Atlantic Nickel, a Brazilian miner backed by London private equity mining fund Appian Capital Advisory has hired investment banks to explore sale options, capitalising on the increasing demand for ...
Posted: May 11, 2021, 11:29 am
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