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Marshall Promoted to Lead Blackstone’s 17-Year Direct Lending Business Amid Booming Credit Arm Activity

The private equity giant Blackstone recently announced the promotion of Marshall Meyerson to lead its 17-year direct lending business. This move comes as the firm’s credit arm continues to experience booming activity.Meyerson has been with Blackstone since 2017, when he joined the firm as a managing director and head of its direct lending business. He has since become a key player in the firm’s credit arm, helping to lead the growth of its direct lending business.Blackstone’s direct lending business has seen significant growth over the past few years. The firm

Wind Point Partners Acquires Water Treatment Company Hasa Following Record Expansion

Wind Point Partners, a leading private equity firm, recently announced the acquisition of Water Treatment Company Hasa. This acquisition is the latest in a series of strategic investments made by Wind Point Partners to expand its portfolio of water treatment companies. Hasa is a leading provider of water treatment solutions for industrial, commercial, and residential applications. The company has been in business for over 20 years and has developed a strong reputation for providing high-quality products and services. The acquisition of Hasa will allow Wind Point Partners to expand its

Triton Makes €1.09bn Offer to Acquire Caverion, Bain Capital Responds with Counteroffer

On April 8th, 2021, Triton, a European private equity firm, made a €1.09 billion offer to acquire Caverion, a leading provider of technical services for buildings and industries in Europe. The offer was made in response to a potential sale of Caverion by its current owners, Bain Capital. Caverion is a Finland-based company that provides technical services for buildings and industries in Europe. It has more than 20,000 employees and operates in 14 countries. The company has a strong presence in the Nordic countries, Germany, Poland, Austria, and Switzerland. It

Bain Capital Launches Counteroffer to Triton’s €1.09bn Bid for Caverion

Bain Capital, a global private investment firm, has launched a counteroffer to Triton's €1.09bn bid for Caverion, a leading provider of technical services for buildings and industries in the Nordics, Baltics, and Central Europe. The counteroffer is reportedly worth €1.12bn, which is €30m more than Triton's offer.The offer from Bain Capital is part of an ongoing bidding war for Caverion, which began in April when Triton made its initial offer. Since then, several other bidders have entered the fray, including EQT and CVC Capital Partners.Caverion's board of directors has welcomed

Bain Capital Responds to Triton’s €1.09bn Offer for Caverion

Bain Capital, a global private investment firm, recently responded to Triton's €1.09bn offer for Caverion, a leading provider of technical services for buildings and industries in Europe. The offer was made on behalf of a consortium of investors, including Bain Capital, and was accepted by the board of directors of Caverion.Bain Capital's response to the offer was positive, with the firm's managing director, David Humphrey, saying that the offer "provides an attractive opportunity for Caverion's shareholders to realize value for their investment." He added that the consortium of investors is

Bain Capital Launches Counter-Offer After Triton Outbids Them for Caverion with €1.09bn Offer

Bain Capital, a private equity firm, has launched a counter-offer after Triton outbid them for Caverion with a €1.09bn offer. Caverion is a leading provider of technical services for buildings and industries in Europe and the Middle East.The battle for Caverion began in October when Triton made an offer of €1.09bn for the company. Bain Capital then made a counter-offer of €1.14bn, which was rejected by Caverion’s board of directors. However, Bain Capital has now launched a new counter-offer of €1.20bn, which is higher than Triton’s offer.The bidding war for