Cetera to take Avantax private in $1.2bn deal

Cetera to take Avantax private in $1.2bn deal

Avantax shareholders will be cashed out at $26 per share and the tax-focused broker/dealer will operate as separate unit within Cetera. Avantax, the $84bn, tax-focused wealth management firm formerly known as Blucora, will be taken private in an all-cash sale to...
Warburg Pincus-backed Perfios raises $229m from Kedaara Capital

Warburg Pincus-backed Perfios raises $229m from Kedaara Capital

Perfios, an Indian fintech that provides real-time credit underwriting solutions to banks and non-banking financial institutions, has raised $229m in a new funding round as it looks to deepen its expansion in North America and Europe. The 15-year-old startup’s Series...
TPG, TEPCO & Brookfield in race to invest $500m in JSW   Neo Energy

TPG, TEPCO & Brookfield in race to invest $500m in JSW Neo Energy

Private equity investors TPG, Tokyo Electric Power Company (Tepco), and Brookfield are in advanced discussions to acquire a minority stake in JSW Neo Energy, a subsidiary of listed JSW Energy, a newspaper report has said. It is likely that a deal with two of these...
US-based 777 Partners set to take over Everton

US-based 777 Partners set to take over Everton

Miami-based 777 Partners close to agreeing a deal to take over Everton; multi-club investors have been in discussions with Everton majority shareholder Farhad Moshiri since talks collapsed with MSP Sports Capital last month; 777 are involved with Sevilla, Hertha...