Verdane raises €1.1bn fund

Verdane raises €1.1bn fund

Verdane Capital XI has closed at its €1.1bn hard cap, almost doubling the size of its predecessor fund which closed at €610m. The oversubscribed Fund received strong support from new and existing investors, including a re-up rate of more than 100%.  Verdane will...
Bacardi overtakes L Catterton to Acquire ILEGAL Mezcal for $130m

Bacardi overtakes L Catterton to Acquire ILEGAL Mezcal for $130m

Bacardi Limited, the world’s largest privately-owned international spirits company, announced it acquired ILEGAL Mezcal, a renowned super-premium artisanal mezcal brand. While terms of the transaction were not disclosed, prior reports from Bloomberg News...