Thoma Bravo closes in on $729m deal for Australia’s Nearmap

Thoma Bravo closes in on $729m deal for Australia’s Nearmap

Aerial imagery company Nearmap said it agreed to an $729m takeover offer from Thoma Bravo, becoming the latest technology firm that the U.S. private equity firm has bet on in recent months. The A$2.10-per-share offer received last month represented a premium of nearly...
Warburg, Macquarie Said to Be Close to Backing China’s Bohao

Warburg, Macquarie Said to Be Close to Backing China’s Bohao

Warburg Pincus and Macquarie Asset Management are nearing an investment in Chinese data center firm Bohao Internet Data Services Ltd., according to people familiar with the matter, amid booming investor appetite for digital infrastructure assets. The US private equity...
TPG to Explore Sale of Immucor for Over $2bn

TPG to Explore Sale of Immucor for Over $2bn

Private equity firm TPG is exploring a sale of Immucor, the maker of tests that screen blood before transfusions and organ transplants. TPG is working with an adviser on potential options for the company it took private about a decade ago, the people said, asking not...
Mubadala-backed AI firm G42 sets up $10 bln tech fund

Mubadala-backed AI firm G42 sets up $10 bln tech fund

Emirati artificial intelligence firm G42, chaired by the Gulf state’s national security advisor, on Thursday launched a $10bn fund to invest in late-stage technology companies. G42, which also counts Abu Dhabi sovereign wealth fund Mubadala as an investor, said...