private-equity
Porsche AG announced on April 24th 2026 that it had agreed to sell its equity stakes in both Bugatti Rimac and Rimac Group to an international consortium led by New York-based HOF Capital, with Abu Dhabi’s BlueFive Capital coming in as the largest single investor. The transaction agreements were signed the same day and, subject…
Blackstone and Vista Equity Capital’s acquisition of Smartsheet was announced on September 24th 2024; and the acquisition closed on January 22nd 2025, as Smartsheet was delisted from the New York Stock Exchange. Both PE firms own an equal equity stake in Smartsheet. The move to take Smartsheet private was an all cash transaction with a…
An exploration of Kirkland & Ellis’ dominance in the private equity sector this year and the factors behind their success.