Hints and tips:
Related Special Reports
...There will also be an undisclosed amount of debt financing provided by a group of private lenders including Blackstone Credit, HPS Investment Partners and Blue Owl Capital....
...It is now being advised by Goldman Sachs, Citi and Jefferies on an IPO planned for the first half of next year, targeting an enterprise value at listing of up to $4bn, according to people familiar with its...
...They’ll possibly need common equity or a more bespoke piece that a firm such as HPS can offer.”...
...The push will also put Oaktree more squarely in competition with large private credit investors such as Apollo Global Management, Sixth Street Partners, HPS Investment Partners and Blackstone....
...There was strong demand for the Cotiviti loan, the people briefed on the transaction said, with groups including HPS Investment jostling for a piece of the action alongside Apollo, Ares and Blackstone....
...I think that you’re going to get a lot of your customer service done by speaking to an intelligent agent....
...The division, renamed Brightspeed, provides telephone and broadband services to more than 6mn customers in the US....
...Ardonagh is owned by Madison Dearborn and HPS Investment Partners....
...The enterprise technology business that was split off from HP’s PCs and printers unit in 2015 has agreed to pay Juniper’s shareholders $40 per share in cash, representing a 32 per cent premium on the company...
...Within a decade, Morgan Stanley had spun off Discover as a standalone consumer enterprise, acknowledging the benefits of the combination were not there....
...Amazon Web Services and Microsoft intended to expand in London before the pandemic but have put the plans on hold, according to one office leasing agent in the capital....
...“Taking the long-term view, we will be able to service information needs in a deeper way, and I am pretty excited about what’s ahead.”...
...The latest deal will give Argus an enterprise value of roughly $4.6bn, according to two people familiar with the matter....
...“Platforms are dealing directly with enterprise clients,” he adds. “SMEs can work directly with Google and Meta.”...
...The roughly $7bn enterprise value on that deal — a multiple of about 13 times CAA’s earnings before interest, tax, depreciation and amortisation in its latest financial year — represented a considerable...
...Asset managers such as Blue Owl, Sixth Street and HPS Investment Management have been competing with banks to lend to larger and larger businesses....
...Google and Amazon Web Services....
...The letter’s signatories included ecommerce groups eBay and Shopify, video conferencing company Zoom, computer and printer-maker HP and software provider Sage....
...now compete with a specialised group of private NAV lenders like 17 Capital and Whitehorse Liquidity Solutions, in addition to new entrants to the marketplace like private lenders Apollo Global, Ares and HPS...
...He says most impact now is around “risk, compliance and enterprise” — with enterprise being a catch-all phrase for HR, legal and other business support functions....
...CAA is also decorrelated from luxury cycles, while still being in a business they understand that is focused on people and services,” one of the people said....
...Software AG offers enterprise tools for businesses. The transition from selling licenses to marketing a subscription service means less cash upfront. That has been painful....
...The criminal case Lynch faces centres on claims that the software group’s accounts were manipulated to flatter its book, leading HP to pay an extra $5bn when it acquired Autonomy in 2011....
...Some of those fund managers, including Carlyle and HPS Investment Partners, purchased the new Citrix debt sold this week, enticed by the high returns on offer, people briefed on the matter said....
...Trillium’s last foray into M&A was in 2011 when it made a non-binding proposal to the board of Steam Global Services, a call centre operator....
International Edition