Apollo Funds Complete Acquisition of Yahoo

Apollo Funds Complete Acquisition of Yahoo

Apollo Global Management today announced that funds managed by its affiliates have completed the acquisition of Yahoo – formerly Verizon Media – one of the world’s premier global technology and media companies. With the close of the transaction, Yahoo will...
Thoma Bravo Closes a $12.3bn Acquisition of Proofpoint

Thoma Bravo Closes a $12.3bn Acquisition of Proofpoint

Private equity firm Thoma Bravo completed its $12.3bn acquisition of Proofpoint more than one month after the cybersecurity company’s shareholders approved the all-cash transaction. Proofpoint said Tuesday the deal completion signaled its transition from a publicly...
Berlin Brands Group raises $700m as Bain takes stake

Berlin Brands Group raises $700m as Bain takes stake

U.S. private equity firm Bain has taken a minority stake in Berlin Brands Group (BBG) as part of a $700m financing deal, which means the German e-commerce company joins the ranks of “unicorn” start-ups valued at $1bn or more. The Berlin-based company, which owns...
Abry Seeks $625m for Second Fund Focused on Smaller Deals

Abry Seeks $625m for Second Fund Focused on Smaller Deals

Abry Partners is seeking $625m from investors for its second fund targeting investments in lower midmarket companies, according to people familiar with the fundraising efforts. If the firm reaches its target, the new fund would be around 19% larger than its...