The private-equity math for portable toilets looks like this in 2021: a billion gallons of waste handled annually equals a $4bn valuation. Those are, anyhow, the numbers behind Platinum Equity’s deal to transfer ownership of United Site Services Inc. from one of its...
Autonomous delivery vehicle maker Nuro raised $600m in its latest funding round, the Silicon Valley-based startup said on Tuesday, bringing on board Alphabet Inc’s Google as an investor. The funding round, led by Tiger Global Management, lifted Nuro’s valuation to...
KKR & Co Inc said on Tuesday its third-quarter distributable earnings more than doubled to $925.1m, driven by strong growth in management fees and profit from asset sales in its private equity business. KKR and other private equity firms have benefited from a...
EQT closed its latest infrastructure fund, EQT Infrastructure V, at €15.7bn above its €12.5bn target, a spokesman confirmed. The fund is focused on the energy, transport and logistics sectors, as well as environmental, digital and social infrastructure. Investors in...
BlackRock told Reuters it has raised a target-beating $673m for an infrastructure fund with backing from the French, German and Japanese governments to invest in climate-focused projects such as renewable energy in emerging markets. The world’s largest money... 