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Acquisition

Investor Group led by Advent International and Permira completes acquisition of McAfee

McAfee Corp. (McAfee), a global leader in online protection, announced the completion of its acquisition by an investor group led by Advent International Corporation (Advent) and funds advised by Permira, Crosspoint Capital Partners L.P. (Crosspoint), Canada Pension Plan Investment Board (CPP Investments), GIC Private Limited (GIC), and a wholly-owned subsidiary of the Abu Dhabi Investment […]

Categories
Investment

Blackstone to acquire Ancestry for $4.7 bn

Blackstone, one of the world’s leading investment firms, announced that it has reached a definitive agreement to acquire Ancestry from Silver Lake, GIC, Spectrum Equity, Permira, and other equity holders for a total enterprise value of $4.7 billion.  Current Ancestry investor GIC will continue to retain a significant minority stake in the company. This transaction […]