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KKR buys into Oak Hill Capital-backed MetroNet to boost US fibre-optic provider's growth

Global buyout house KKR has bought into private equity-backed fibre-optic communications business MetroNet.
KKR and existing backer Oak Hill Capital said they would make new investments in MetroNet to help it grow its fiber-to-the-premises (FTTP) data, television, and telephone services to homes and businesses.
Oak Hill has been working with MetroNet since 2014. Its other fibre broadband investments in the US include Vexus Fiber, a rapidly expanding provider in Texas and surrounding states, Future Fiber Holdings in the Northeast and Race Communications in California and surrounding states.
A statement from Oak HIll partners Benjy Diesbach and Scott Baker said, “We believe that reliable, high-speed access to the Internet represents a fundamental underpinning of economic growth and equal opportunity for all Americans, from small towns to big cities.” ....

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EU warns of 'hard work' to save Iran N-deal

World
April 21, 2021
Vienna: The EU chief negotiator for the Iran nuclear deal talks said on Tuesday much more hard work was needed to save the 2015 landmark agreement, following the latest discussion round in Vienna. EU diplomat Enrique Mora hailed progress made over the last two weeks but said ongoing challenges remained to get the accord that curbs Iran’s nuclear programme in exchange for sanctions relief back on track.
The deal was thrown into question when the US withdrew from it in 2018 and sanctioned Iran, which in turn started ramping up its nuclear activities. US President Joe Biden is seeking to revive the agreement. ....

United Kingdom , Enrique Mora , Donald Trump , Joe Biden , ஒன்றுபட்டது கிஂக்டம் , டொனால்ட் துருப்பு , ஓஹோ பிடென் ,

Kennet Partners seals 4.4x return selling Dext to Hg after 'record-breaking' financial quarter

4
Kennet Partners has scored a 4.4x return selling accountancy and bookkeeping platform Dext to European private equity ma
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Khusela Diko blasts ANC Gauteng secretary Jacob Khawe over PPE saga

Khusela Diko blasts ANC Gauteng secretary Jacob Khawe over PPE saga
21 April 2021 - 12:24
The ANC s provincial disciplinary committee has asked Khusela Diko to step aside from her duties as a member of the Gauteng ANC provincial executive committee. File image.
Image: ANC/Twitter
Presidential spokesperson Khusela Diko, who is on special leave, has come out guns blazing against ANC Gauteng secretary Jacob Khawe, accusing him of “distorting facts” relating to her disciplinary matter in an attempt to destroy her political career.
Diko, who has resisted publicly addressing the matter since last year, broke her silence on Wednesday after Khawe revealed to the Mail & Guardian on Tuesday that the provincial disciplinary committee had asked Diko to step aside from her duties as a member of the Gauteng ANC provincial executive committee (PEC). ....

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Silversmith Capital seals $500m-plus Absorb Software sale to WCAS after strong run of bookings growth

April 21, 2021
Welsh Carson Anderson & Stowe has agreed to buy cloud-based learning and performance management software provider Absorb Software from Silversmith Capital Partners at a valation of over $500m.
AltAssets has been serving the global private equity industry for over a decade and has become established as a trusted source of independent news and views on the industry by thousands of professionals worldwide. ....

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