Bain Capital, Advent International, and EQT AB are among the American and European private equity firms competing to acquire the Japanese antivirus software, cloud computing, and network security solutions specialist.
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Buyout firms in $8.5B battle for cybersecurity firm Trend Micro
Bain Capital, Advent International, and EQT AB are among the American and European private equity firms competing to acquire the Japanese antivirus software, cloud computing, and network security solutions specialist. Read here
Oaktree’s Opportunities Fund XII closes at $16B
The California-based alternative investment firm with $202 billion in assets under management has held the final raising of its 12th fund with capital commitments, including affiliated vehicles. Read here
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Thoma Bravo-backed SailPoint raises $1.38B
The Texas-based enterprise security software specialist and a group of shareholders, including its main backer, held an enlarged initial public offering, pricing shares at the top of a marketed range. Read here
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NEWS WORTH NOTING
Handgards buys Inno-Pak to diversify product set
The Texas-based distributor of food service products, including disposable gloves, reclosable bags, tabletop items, expendables, and other carryout products has announced the acquisition of its Ohio-based peer.Read here
The Japanese auto giants ended talks to forge a combined carmaker, underlining the challenge for legacy auto companies as Chinese rivals upend the industry. Read here
PAG raises $4B in Asia-focused real estate fund
The Asian investment firm has announced the close of its 10th opportunistic real estate fund as the firm expands its regional foray in developed parts of Asia. Read here
Eneos aims to raise at least $2.6B in metals unit’s IPO
Japan's largest oil refiner aims to raise fresh capital by listing its wholly owned subsidiary in what would be the nation's biggest initial public offering in seven years. Read here
Prudential said to hire Citigroup for $1B India IPO
The British insurance firm has hired the New York-based lender to help work on a potential initial public offering of ICICI Prudential Asset Management. Read here