Download PDF Introduction February 26th 2007 marked one of the peaks of the pre-financial crisis exuberance: KKR [NYSE: KKR] and TPG [NASDAQ: TPG], together with a number of banks including Goldman Sachs [NYSE: GS] and Lehman Brothers, announced the acquisition of the Texas power company TXU for an astounding $44.3bn Read more…
Download PDF The Telco Business The importance of the telecom industry has been brought to light in recent months as the global pandemic forced millions to work from home resulting in huge increases in reliance on mobile phone networks and broadband. The telecommunication sector, as a whole, can be Read more…
Download PDF Introduction After stalling in winter and spring 2020 due to the coronavirus, M&A activity picked up over the summer, fuelled by a bullish stock market. The situation remains dire however: according to MergerMarket data, companies have struck €620bn worth of M&A deals in the three months Read more…
EQT AB [STO:EQT] – Market Cap as of 04/10/2019 SEK 83.58bn (USD 8.49bn) Introduction On Tuesday, September 24th 2019, the Swedish group EQT— the second largest Private Equity group in Europe — listed on the Stockholm Nasdaq in what was the biggest Private Equity listing of the past decade and Read more…
Introduction The private equity industry has always had a special place in the financial world. Its competitive and dynamic nature has captivated the most talented businessmen, but what really allowed it to grow steadily over the past 40 years was the outstanding performance it granted to the investors willing to Read more…
BlackRock, Inc. (NYSE: BLK) – market cap as of 26/02/2019: $69.83 bn KKR & Co Inc Class A (NYSE: KKR) – market cap as of 26/02/2019: $18.97 bn Introduction On February 24th 2019,the Abu Dhabi National Oil Company (ADNOC) announced a landmarked partnership between the national state-owned oil company and Read more…
Private Equity Industry Overview Private equity is like home flipping, but with large corporations instead of dilapidated houses from the 1970’s. Only rather than having profits in the tens of thousands, it’s in the tens of millions. The private equity industry, pioneered in the 1970’s by the likes of KKR Read more…
Fiat Chrysler Automobiles NV (NYSE: FCAU) – market cap as of 31/10/2018: USD 23.978bn KKR & Co. Inc. (NYSE: KKR) – market cap as of: 31/10/2018: USD 19.176bn Introduction On October 22, 2018 Fiat Chrysler Automobiles N.V. announced the sale of its automotive components unit Magneti Marelli for a price Read more…
Toshiba Corporation (TYO: 6502) – market cap as of 30/09/2017: ¥1.33 trillion Introduction On September 28, 2017, Toshiba announced an agreement with Bain Capital to sell its memory chip business for $17.7bn. It was also announced that Bain Capital will create a special purpose entity to buy Toshiba’s division, which Read more…
Yahoo! Inc. market cap as of 22/04/2016: $35.15bn Introduction Yahoo! Inc. is an American multinational technology company founded in 1994 and headquartered in Sunnyvale, California. It is well known for its Web portal, search engine Yahoo! Search and related services. Its global network counts over 3bn views per day, making Read more…
KKR & Co. LP; Market Cap (as of 03/10/2015): $7.85bn First Data Corporation; Market Cap (as of 03/10/2015): N.A. Introduction On October 1st, 2015 the KKR-owned payment-processing company, First Data, announced the launch of its initial public offering, aiming to raise about $3.7bn. Apart from being the biggest US Read more…
Avago Technologies Limited (AVGO): market cap (as of 25/09/2015): $34.2bn. Broadcom Corp. (BRCM): market cap (as of 25/09/2015): $31.4bn. Introduction Following a wave of consolidation in the semiconductor industry, which culminated last March with the NPX/Freescale $11.8bn deal, on May 27, Avago Technologies Limited and Broadcom Corporation announced that they have entered Read more…
NXP Semiconductor NV; Market Cap (as of 06/03/15): $22.7bn Freescale Semiconductor Ltd; Market Cap (as of 06/03/15): $12.3bn Introduction On March 2, NXP Semi announced it will acquire Freescale Semi in a $11.8bn transaction. Amalgamating the Eindhoven-based chip manufacturer with its American rival will create the leader in both Auto Read more…
Club Mediterranee SA; market cap (as of 14/11/2014): €843.79m KKR & Co LP; market cap (as of 14/11/2014): $17.94bn KKR & Co LP; AUM: $102.3bn On November 11, Italian tycoon Andrea Bonomi, made a new bid for a controlling stake in the French tourism operator chain Club Méditerranée (Club Med). Read more…
Babcock International plc. Market Cap (as of 28/03/14): £4.61bn Avincis Group Market Cap (as of 28/03/14): N/A On March 27, 2014 Babcock International, leading engineering support services, announced its acquisition of 100% of Avincis Group shares, a worldwide aerial services provider, for £920mm (about €1.1bn), funded through a £1.1bn rights Read more…