Qualtrics, a provider of experience management (XM) software, entered into a definitive agreement to be acquired by Silver Lake, a technology investor, in partnership with Canada Pension Plan Investment Board (CPP Investments), in an all-cash transaction that values Qualtrics at approximately $12.5 billion.
Gordon Brothers, a global advisory, restructuring and investment firm, received $300 million in financing from Canada Pension Plan Investment Board (CPP Investments) through its subsidiary CPPIB Credit Investments, increasing the firm’s capital base to more than $1 billion.
DigitalBridge Group’s digital credit division invested $220 million in the form of a holding company term loan to support the continued growth of Everstream Solutions.
McAfee, a global provider of online protection, entered into a definitive agreement to be acquired by an investor group, which obtained a commitment from a JPMorgan Chase Bank-led syndicate for nearly $10 billion in debt financing to support the transaction.
David’s Bridal closed a $70 million term loan provided by CPPIB Credit Investments, a subsidiary of the Canada Pension Plan Investment Board. David’s Bridal will use the new term loan, which matures in 2024, to fund operations and for general corporate purposes.
GE completed the sale of its U.S. Sponsor Finance business and a bank loan portfolio, representing an aggregate ENI of $10 billion to the CPPIB. The transaction was valued at more than $11 billion.
Reuters reported Antares Capital is in the market with $13.9 billion of credit facilities backing its sale to CPPIB from GE Capital, which includes a $10.7 billion asset-backed loan.
Reuters reported that Antares Capital is lining up a $13.9 billion financing package that backs GE Capital’s sale of the sponsor finance platform to the Canada Pension Plan Investment Board.