Advent, Carlyle considering bid for DuPont’s $12bn unit

Advent, Carlyle considering bid for DuPont’s $12bn unit

Carlyle Group Inc and Advent International Corp are among several buyout firms considering a bid for DuPont Inc’s mobility and materials unit, Bloomberg News reported on Thursday, citing people familiar with the matter. Apollo Global Management Inc and CVC Capital...
Advent closes second technology fund at $4bn

Advent closes second technology fund at $4bn

The $81bn private equity firm Advent International closed its second global technology fund after a six month fundraise at $4bn, officials announced today. Advent Global Technology II exceeded its target by 33% and is double the size of the initial Advent Tech fund,...
Mambu Valued at $5.3bn in Investment Led by Private-Equity Firm EQT

Mambu Valued at $5.3bn in Investment Led by Private-Equity Firm EQT

A group led by private-equity company EQT is acquiring a minority stake in banking-software firm Mambu, a deal that values the financial-technology company at more than $5.3 billion, the companies said. The investment is the latest bet on European technology providers...