News

February 26th, 2014

Successful GTT Initial Public Offering

PARIS, France Offering Price: € 46 per share, representing a market capitalization for GTT of approximately € 1.7 billion. Total size of the Offering: 13,500,000 existing shares sold by Total Gas & Power Actifs Industriels (Total), H&F Luxembourg 1 S.à.r.l.,…

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February 20th, 2014

Kronos Lays Foundation for Next Phase of Growth; Adds World-Class Investors at $4.5 Billion Enterprise Valuation

CHELMSFORD, Mass. Kronos Incorporated today announced that it has entered into a definitive agreement to effect a recapitalization of the company through a $750 million equity investment by funds managed by Blackstone (NYSE:BX) and GIC. Blackstone and GIC will invest in Kronos…

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January 27th, 2014

KKR to Invest in Sedgwick

MEMPHIS, Tenn. Sedgwick Claims Management Services, Inc., a leading provider of technology-enabled claims and productivity management solutions, announced today that KKR, together with management, have signed an agreement to acquire majority ownership of Sedgwick for approximately $2.4 billion from its…

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January 24th, 2014

Applied Systems Completes Acquisition by Hellman & Friedman

UNIVERSITY PARK, Ill. Applied Systems, Inc., a leading provider of software that powers the business of insurance, today announced the successful completion of its acquisition by funds advised by Hellman & Friedman LLC, a global private equity investment firm with…

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November 26th, 2013

Hellman & Friedman to Acquire Applied Systems

UNIVERSITY PARK, Ill. Leading Provider of Insurance Software to be Purchased for $1.8 Billion Applied Systems, Inc., a leading provider of software that powers the business of insurance, today announced that it has signed a definitive agreement to be acquired…

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November 21st, 2013

Deutsche Telekom Sells 70 Percent of Scout24 to Hellman & Friedman

MUNICH, Germany René Obermann: “Hellman & Friedman is the right partner to further develop Scout24”Scout24 valued at an Enterprise Value of EUR 2 billion Deutsche Telekom will receive cash proceeds of approx. EUR 1.5 billion Deutsche Telekom AG (“Deutsche Telekom” or…

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October 2nd, 2013

Hub International Limited Announces Successful Completion of Acquisition by Hellman & Friedman LLC

CHICAGO, Ill. Hub International Limited (“Hub”) today announced that it successfully completed its buyout by funds advised by Hellman & Friedman LLC (the “Transaction”).  The Transaction values Hub at approximately US$4.4 billion.  In connection with the closing of the Transaction,…

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