After a tumultuous 2022 for markets, 2023 has seen its fair share of volatility and unexpected stresses. Trouble in the banking sector, starting with the failure of Silicon Valley Bank which resulted in the shutdown of Signature Bank by the federal regulators, and subsequently Credit Suisse’s catastrophic liquidity crisis in Europe, sent shockwaves through equity and credit markets. While these banks’ situations were unique, their problems were the result of broader fragilities in the sector stemming from tight monetary policy. With inflation persisting, investors continue to be focused on earnings compression and global central bank policies.
CVC Credit supports the acquisition of Rentokil Workwear France by H.I.G. Capital
CVC announces sale of majority of CVC Capital Partners VII’s stake in Tipico to Banijay Group
CVC DIF and Jersey Telecom to acquire Manx Telecom Group, the integrated incumbent digital-infrastructure platform on the Isle of Man
Partners Group and CVC agree partnership to drive next phase of growth at International Schools Partnership, a leading global K-12 school platform
CVC DIF to divest Portuguese highway concessions Norte Litoral and Algarve to Igneo Infrastructure Partners
CVC DIF to acquire CARMA Corp., a leading Canadian submetering and essential building services platform
KKR agrees to acquire NewDay's consumer credit portfolio from Cinven and CVC