Earlier this year, BC Partners found the perfect buyer for Springer Nature: itself. Unwilling to let go of its prized asset, the London-based private equity firm sold its 47% stake in the academic publisher to a new investment vehicle which it also controlled. The...
Sierra Space, a commercial space company based in Louisville, raised $1.4 billion from investors during the first round of a capital raise campaign, according to a news release. The company, now valued at $4.5 billion, is building a reusable orbital spaceplane called...
Online travel agency Booking Holdings Inc on Tuesday said it would acquire Sweden-based Etraveli Group for about $1.83bn, its second major deal this month. Etraveli, currently owned by private equity firm CVC Capital Partners, offers search, book and fulfillment...
Record-breaking fundraising, rising dry powder, and faster fundraising cycles; private equity is on steroids. Buyout shops worldwide have raised more than $714bn in dry powder so far this year, according to data provider Preqin, and the mountain of unspent capital is...
Advent International and Centerbridge Partners offered to buy Aareal Bank AG, the German commercial real estate lender that’s been under pressure from activist investors. The private equity firms offered 29 euros per share, valuing the company at 1.74 billion euros... 