Digital identity specialist GB Group (GBG) could be set for a £1.3bn takeover by US private equity fund GTCR as foreign investors continue to raid UK tech companies. The Chicago-based group confirmed overnight that it is interested in acquiring GB Group, which is...
A money manager for independent financial advisers that was sold by the fund manager Abrdn for £102m just 18 months ago is exploring a sale that could value it at up to four times that sum. Sky News has learnt that Parmenion, which has about £9bn in assets under...
Space-tech startup Skyroot Aerospace from India, successfully raised $51m Series-B funding round led by GIC, a leading global investment firm. This is the largest funding round ever in the Indian private Space-Tech sector, which validates Skyroot’s strengths in space...
Kobalt Music Group has confirmed that private equity company Francisco Partners (FP) is acquiring a majority stake in its business. The buyout of Kobalt was worth approximately $750m, according to people familiar with the deal. MBW understands that, should the deal...
North America was already seeing rising private equity investment in renewable energy when the Inflation Reduction Act passed in August and added a slew of new, longer-term incentives for projects in the U.S. The energy and climate provisions of the wide-ranging bill,... 