The leading provider of underground infrastructure maintenance services in Northern Europe is set to be taken private by Apax Funds, aiming to accelerate the company's growth strategy.
The asset manager reports steady Q1 performance, with solid revenue and EBITDA growth, though results were impacted by FX headwinds. The company's balance sheet remains robust, but faces some near-term market uncertainty.
The investment company has appointed a new non-executive director with experience in global emerging markets investing.
The investment company has announced the details of its upcoming annual general meeting.
The director of this investment company has purchased a small number of shares, representing a routine transaction.
The investment company faced headwinds in 2024, reporting stagnant NAV growth and negative returns in its private equity portfolio. Challenges in healthcare and retail investments weighed on performance.
The leading private equity firm Apax has invested in CohnReznick, a prominent US advisory and assurance firm, to support its growth plans.
The investment company has appointed Investec Bank plc as a joint corporate broker alongside its existing broker Jefferies International Limited.
The software company's sale to a larger peer is expected to generate substantial returns for the private equity investor.
The investment firm has agreed to sell its minority stake in the insurance brokerage, generating a solid return on its investment.