The Carve-Out | Blackstone acquires Sony Payments Services, Advent and Fisher deny talks, EY’s private credit specialists
Private Equity Wire
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This week in private equity
📰 PE funds managed by Blackstone are to acquire a majority stake in Sony Payment Services – a top payments player in Japan – from Sony Bank . Read more
👀 Advent and Fisher Investments have denied WSJ’s reports of deal talks for the latter’s acquisition, Reuters has reported. Read more
👉 Permira has appointed Jon Maschmeyer as a partner in New York, to help drive its US healthcare investments – currently worth €4bn. Read more
💻 Investcorp ’s global tech arm is to acquire a majority stake in Veda , an HR and payroll software specialist based in the DACH region. Read more
💼 Macquarie Group is leading a consortium of investors, including TA Associates and Stirling Square Capital Partners , to take Hubexo private in a deal worth £780m. Read more
🤝 EY has added two partners, Elliott Morley and Gabriel Iliuta, to its tax team, anticipating higher demand for specialist private credit advice. Read more
The week in numbers
💰 $2.16bn – the final value paid by Blackstone Infrastructure Partners for a 19.9% stake in Northern Indiana Public Service Company. Read more
Recommended by LinkedIn
⬆️ $650m – funds raised by Goldman Sachs Asset Management for West Street Life Sciences I, for startups dedicated to the life sciences sector. Read more
🗞 37% – the remaining share of Global Atlantic now acquired by PE mega fund KKR, taking full ownership of the insurance provider. Read more
🛢 $390m – the transaction value of energy focused private investment firm EIG’s agreed acquisition of Brazilian oil and gas solutions provider Ocyan. Read more
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