Crescent Capital Partners
Crescent-owned insurer shares down 12.5% after Australian IPO
Shares in Crescent Capital Partners-owned Cover-More Group opened down 12.5% today following the travel insurer's A$521 million ($460 million) IPO on Australian Securities Exchange (ASX).
Crescent-owned travel insurer to raise $475m in Australia IPO
Crescent Capital Partners-owned travel insurer Cover-More Group is targeting a A$521.2 million ($475 million) IPO on the Australian Securities Exchange.
Asia travel search engine Wego gets $17m in Series C funding
Crescent Point has led a Series C round of funding worth $17 million for Wego, an Asia travel search engine. Victoria Capital and existing investor Tiger Global also participated.
KKR kicks tires, buys Alliance
India is expected to see an increasing number of secondary buyouts in the next couple of years as GPs look for ways to monetize existing portfolios in the face of a difficult public market environment. While KKR's acquisition of Warburg Pincus' majority...
Australasian mid-market sees strong deal flow – AVCJ Forum
Private equity investors see considerable upside in Australia and New Zealand’s lower and mid-market despite fewer large deals than before the global financial crisis. This usually involves taking cash-strapped family-run businesses and improving processes...
Crescent wins investor support after raising ClearView offer
Crescent Capital Partners has improved its buyout offer for Australian financial services provider ClearView Wealth, winning the support of leading shareholder Guinness Peat Group (GPG). The private equity firm is now offering A$0.55 per share, up from...