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Squarespace Seals $6.9B Privatization Deal With Permira, Major Investors Back Transformative Deal

Benzinga

NYSE: SQSP ) announced today that it has agreed to go private in a deal with global private equity firm Permira, in a transaction valued at over $6.6 billion on an equity value basis and approximately $6.9 billion on an enterprise value basis. Squarespace, Inc.

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Perficient Stock Soars On $3B Buyout By EQT Asia Fund

Law 360 M&A

said it has agreed to be taken private by an affiliate of Swedish private equity firm EQT's Baring Asia Private Equity Fund VIII at an approximately $3 billion enterprise value, a disclosure that sent Perficient's stock soaring more than 50% on Monday.

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Truist Selling Insurance Brokerage At $15.5B Value

Law 360 M&A

said Tuesday it has agreed to sell its remaining stake in subsidiary Truist Insurance Holdings to an investor group led by private equity firms Stone Point Capital and Clayton Dubilier & Rice, in an all-cash transaction that gives the insurance brokerage an enterprise value of $15.5 Truist Financial Corp.

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Why Aerospace Company Kaman Shares Are Skyrocketing Today

Benzinga

The company inked a pact to be acquired by private equity firm Arcline Investment Management in an all-cash transaction with a total enterprise value of approximately $1.8 Kaman Corporation (NYSE: KAMN ) shares are trading higher in the premarket session on Friday.

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The Market for CEOs: Evidence from Private Equity

Harvard Corporate Governance

companies (enterprise value greater than $1 billion) purchased by private equity firms between 2010 and 2016. We find that 71% of those companies hired new CEOs under private equity ownership. We augment the work on public company CEOs by studying the market for CEOs among larger U.S.

Equity 264
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Spanish PE Firm Asterion Buying Steag In $2.8B Deal

Law 360 M&A

Madrid-based private equity firm Asterion Industrial Partners said Friday it has agreed to purchase Germany's Steag from the consortium Kommunale Beteiligungsgesellschaft, or KSBG, at an enterprise value of about €2.6 billion ($2.8

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PE Firm Crosspoint Buying Absolute Software In $870M Deal

Law 360 M&A

Private equity firm Crosspoint Capital Partners LP has agreed to buy Absolute Software at an enterprise value of $870 million, including debt, the security-focused software provider said Thursday.