The Texas-headquartered contractor and supplier information management, which is backed by Blackstone’s growth equity arm, is talking to investment banks about a potential sale of all or part of the company this year.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: ISN
Blackstone-backed compliance firm ISN Software mulls $6B sale
The Texas-headquartered contractor and supplier information management, which is backed by Blackstone’s growth equity arm, is talking to investment banks about a potential sale of all or part of the company this year. Read here
CoreWeave raises $1.5B in downsized IPO target
The New York-based cloud-computing provider sold 37.5 million shares at $40 apiece in its initial public offering, a reduced deal that reflects how market volatility is hurting even highly anticipated listings.Read here
PHOTO: COREWEAVE
BC Partners eyes $1.4B for private credit fund
The private credit arm of BC Partners is set to raise fresh capital for its third Special Opportunities Fund, making it the alternative investment firm’s largest special opportunities fund to date. Read here
PHOTO: BC PARTNERS
NEWS WORTH NOTING
Toolmaker SureWerx buys
Reliance Fall Protection
The Illinois-based professional-grade safety products supplier has acquired the Texas designer of horizontal lifeline systems that allow the reduction of fall height requirements without increased end-loadings.Read here
EQT Infrastructure VI raises $23.2B total commitments
The Swedish investment group has closed its flagship infrastructure fund, receiving commitments from a diversified, global group of institutional investors. Read here
Nippon Steel slumps on $7B US Steel investment report
Shares of Japan’s largest steel producer declined on news that the company is considering investing to upgrade the American steel corporation’s facilities. Read here
I Squared initiates $2.15B
sale of utility firm Energia
The Florida-based infrastructure investment firm led by former Morgan Stanley executives has kicked off the sale of the Irish power producer, according to reports. Read here
Woodside Energy to sell Trinidad and Tobago assets
The Australia energy giant is set to offload a part of its portfolio in its offshore oil and gas project in the Caribbean nation to London-based Perenco for $206 million. Read here
