Popular Science Publisher Scores $300m Raise Led By Blackstone

Popular Science Publisher Scores $300m Raise Led By Blackstone

The owner of publications such as Popular Science and Outdoor Life said it has raised $300m in a round of funding led by private-equity firm Blackstone, marking one of the biggest investments in online publishing in recent years. Recurrent Ventures, whose 24...
KKR to buy power generation firm ContourGlobal for £1.75bn

KKR to buy power generation firm ContourGlobal for £1.75bn

US-based private equity firm KKR has agreed to purchase British power generation company ContourGlobal in an all-cash deal valued at $2.18bn. The private equity firm brokered the deal through its newly formed company, Cretaceous Bidco. Under the terms of the...
Moving App Updater Nabs $215m in Vista Equity Backing

Moving App Updater Nabs $215m in Vista Equity Backing

Updater, an app and technology developer for residential relocation services, has received $215m in financing from the credit investment arm of Vista Equity Partners. The funds from Vista Credit Partners, a subsidiary of the Austin, Texas-based private equity firm,...