Saturday, August 22, 2026

CATEGORY

Business

When Private Equity Comes for Your Favorite Team

The Los Angeles Lakers have been sold for a record $12.5 billion, the latest sign that huge pools of institutional money are flooding into professional sports.

Carlyle backs $1bn Castelion funding round

Carlyle Group has joined JPMorgan Chase and Andreessen Horowitz in a more than $1bn funding round for defence technology company Castelion, highlighting growing PE and institutional investor interest in next-generation weapons manufacturing, according to a report by the Wall Street Journal.

PE owners explore EverBank exit three years after acquisition

A consortium of five private equity firms is exploring a sale of EverBank, just three years after acquiring the Florida-based digital bank from TIAA, according to a report by the Wall Street Journal citing unnamed people familiar with the matter.

CVC lines up Aldermore bid as challenger bank attracts rival suitors

CVC Capital Partners is preparing a potential offer for UK challenger bank Aldermore, adding to a growing list of bidders circling the lender as parent company FirstRand looks to exit the business, according to a report by Sky News.

Carlyle-backed YipitData weighs sale at valuation of up to $3bn

TOP STORY: Carlyle-backed alternative data and analytics provider YipitData is exploring a potential sale that could value the business at between $2.5bn and $3bn, according to a report by Reuters citing unnamed people familiar with the matter.

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