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  • News & Insights
Blank-check firm Rice’s investors approve $1.15bn Archaea merger

Blank-check firm Rice’s investors approve $1.15bn Archaea merger

by Sebastian | Sep 9, 2021 | ITPEC, News

Blank-check firm Rice Acquisition Corp said its planned $1.15bn merger with Aria Energy LLC and Archaea Energy was approved by its stockholders on Thursday, that will create the largest public renewable gas company in the United States. Renewable natural gas (RNG),...
Carlyle Weighing Sale of $2bn Outsourcing Firm VXI Global

Carlyle Weighing Sale of $2bn Outsourcing Firm VXI Global

by Sebastian | Sep 9, 2021 | ITPEC, News

Carlyle Group is considering a sale of its outsourcing business VXI Global Solutions, according to people familiar with the matter. The U.S.-based buyout firm is working with a financial adviser on a potential deal for the company, which could be valued at $1.5...
Warburg Pincus-backed Varo Bank raises fresh capital at $2.5bn valuation

Warburg Pincus-backed Varo Bank raises fresh capital at $2.5bn valuation

by Sebastian | Sep 9, 2021 | ITPEC, News

Varo Bank, backed by private equity firm Warburg Pincus, said on Thursday it had raised $510m in a funding round led by new investor Lone Pine Capital, taking the nationally chartered U.S. digital bank’s valuation to $2.5bn. The Series E funding round included new...
German-Chinese startup Agile Robots raises $220m from PE-investors

German-Chinese startup Agile Robots raises $220m from PE-investors

by Sebastian | Sep 9, 2021 | ITPEC, News

German-Chinese startup Agile Robots said on Thursday that it had raised $220m from investors led by the SoftBank Vision Fund 2 and would invest the proceeds in expanding its production and sales operations. The investment round valued Agile Robots, which has dual...
Blackstone Joins Francisco Partners in Backing Dynamo Software Valuing the Company at $900m

Blackstone Joins Francisco Partners in Backing Dynamo Software Valuing the Company at $900m

by Sebastian | Sep 9, 2021 | ITPEC, News

Blackstone plans to join fellow private equity firm Francisco Partners as an investor in a software business that serves the alternative investment management industry, including private equity managers. Dynamo Software Inc. provides cloud-based technology that helps...
10T Raises $750m of Capital to Power the Growth of the Digital Asset Ecosystem

10T Raises $750m of Capital to Power the Growth of the Digital Asset Ecosystem

by Sebastian | Sep 9, 2021 | ITPEC, News

10T Holdings, a mid-to-late-stage private equity firm focused on companies operating in the digital asset ecosystem, today announced the successful close of its inaugural growth equity funds, 10T Fund, LP and 10T DAE Expansion Fund, with nearly $389m in capital...
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