Growth Capital Partners’ Fund V Closes at £260m

Growth Capital Partners’ Fund V Closes at £260m

Growth Capital Partners (GCP) has announced the final close of its Fund V, which beat the private equity house’s target, closing at £260m. The fund will build on the firm’s 22-year track record of partnering with growth companies in the technology,...
Apollo drops takeover offer for education group Pearson

Apollo drops takeover offer for education group Pearson

Education group Pearson has rejected a third takeover offer from Apollo, valuing it at $8.8bn, prompting the U.S. investment company to walk away and sending its shares down 12%. Pearson revealed earlier this month that it had rejected two takeover approaches from...