Information from: Aston Martin, Arctos Partners, HSBC Asset Management, BlackRock, EQS Group, Thoma Bravo, HIG Capital, Tencent, Kakao Mobility Corp.

Information from: Aston Martin, Arctos Partners, HSBC Asset Management, BlackRock, EQS Group, Thoma Bravo, HIG Capital, Tencent, Kakao Mobility Corp.

The Canadian billionaire Lawrence Stroll has sold a minority stake in the Aston Martin Formula 1 team to American private equity firm Arctos Partners.. Investment in Arctos values ​​the F1 team at around £1 billion (1.14 billion Euros), and the deal is expected to be closed by the end of 2023. Although the exact figures were not disclosed, Aston Martin himself reported the news on the eve of the Las Vegas Grand Prix, announcing Hilo. Close Partners he acquired “a small stake in AMR Holdings GP Limitedthe company that holds the team.” If closed who pe-understanding. Earlier in the year, Alpine sold a 24% stake in its F1 team to a consortium – including actors and Wrexham AFC owners Ryan Reynolds and Rob McElhenney – which struck a deal for Enstone worth €725 million pounds. The Arctos partners will provide Aston Martin with “deep knowledge of the sports industry and a strong network of influential relationships to support its continued growth”. In August, an American private equity firm was also working to acquire a minority stake in French soccer club Paris Saint-Germain. Team owner Stroll said: “I am delighted to welcome Arctos Partners as a new partner and minority shareholder in the Aston Martin Formula 1 team.”

HSBC Asset Management (HSBC AM) has launched the sixth edition of its Vision private equity strategy, providing insight into a globally diversified portfolio across geographies, sectors and strategies. See fundeurope here. This launch represents an expansion of Vision Private Equity 2023, which closed in early 2023 with $606.5 million in client commitments. Since its inception in 2019, the Vision program has raised over $1.9 billion in capital commitments from international investors.

The Evergreen Infrastructure Fund of BlackRock, managed by James Berner and David O’Brien, has reached a milestone by successfully raising nearly $1 billion from European investors. See panfinance here This achievement marks a strategic move towards sustainable infrastructure development, as the fund plans to acquire Lighthouse, a US-based solar and battery system benefiting from the US Inflation Reduction Act. Evergreen Fund Expands BlackRock’s $48 Billion Infrastructure As of September 30, 2023, BlackRock manages $317 billion in liquid and illiquid investments. The fund focuses on key sectors for the energy transition, including security, transport, digital infrastructure and the circular economy, with a geographic emphasis on Europe and North America, particularly Western Europe.

The EQS Group AG (“EQS”), a leading global provider of cloud services in the areas of corporate compliance, investor relations and ESGe Thomas Bravoa leading software investment firm, has entered into an agreement today (See here is the press release investment agreement whereby Thoma Bravo will support the future growth of EQS and launch a public tender offer (the “Offer”) for all outstanding shares of EQS at an offer price of EUR 40.00 in cash per share.

DX Group PLC said it has accepted an offer to take money from funds managed by HIG Capital LLC and assisted by HIG European Capital Partners LLC. Take a look who pe-understanding. DX shareholders will be entitled to receive 48.5p per share. This will include 47.5p in cash and a final dividend of 1p for the year ending 1 July. This is a 33% premium to DX’s closing price of 36.5p on September 8, the last trading day before HIG Capital confirmed it had made an offer for DX. DX Group shares rose 7.4% to 46.70p each in London on Thursday morning. The deal values ​​the total assets of the Slough, UK-based parcel delivery company at £314.8 million. HIG European said that DX shares “continue to suffer from limited liquidity in the secondary market” and that DX “can reach its full potential in the private market environment with a greater focus on long-term value creation, possible yield from the acceleration of investment in growth.

Global Blue Group Holding AG, iA leading strategic and payments partner that drives better retailer performance and shopper experience, is pleased to announce that it has entered into an equity purchase and investment agreement with Tencent, the world’s leading Internet and technology company. Take a look who pe-understanding. Tencent agreed to invest $100 million in Global Blue common stock at a price of $5.50 per share, which is generally in line with the weighted average price over the past 3 months. At closing, Tencent will have 18.18 million ordinary shares, representing approximately 8% of the total fully diluted share capital. James Mitchell, Tencent’s Chief Strategy Officer and Senior Executive Vice President, added: “We have closely followed Global Blue’s digital transformation for several years, where the management team has improved its technological capabilities and provided company services, expanding the reach of buyers and merchants. We are pleased to make a strategic investment in Global Blue to support its future growth and anticipate continued growth in cross-border travel and shopping, including travel from China.

Kakao Mobility Corp.the airline services division of the South Korean technology giant Cocoa Company.plans to get Free Now, a European taxi platform operator backed by BMW Group and Mercedes-Benz Mobility AG. Take a look who is kedglobal. Korea’s largest taxi service provider will join a bid to buy FreeNow and will offer around 200 billion won ($153.9 million) for an 80% stake, sources familiar with the situation said on Wednesday. Other bidders include international ride-hailing companies including Uber Technologies, OIa Cabs and Gett, according to sources. FreeNow is one of Europe’s largest transport service providers, offering taxi, car sharing, private hire car, electric bike and electric scooter services in nine countries including Germany, France, UK, Italy, Spain, Poland and Ireland.