by Sebastian | Mar 15, 2021 | News
Banner Ridge Partners is prepping its next secondary fund a little more than a year after collecting $550 million for its debut fund. Banner Ridge’s new secondary fund is targeting $600 million, according to people familiar with the matter. However, the firm could...
by Sebastian | Mar 15, 2021 | News
Private equity firm Lindsay Goldberg has reached an agreement to acquire the North American business of Switzerland-based Aryzta AG for $850 million. Aryzta North America provides bread, sweet and savory baked foods, and snacks to customers in the quick-service...
by Sebastian | Mar 15, 2021 | News
Vector Acquisition III, the third blank check company formed by Vector Capital targeting the tech industry, filed on Monday with the SEC to raise up to $250 million in an initial public offering. The San Francisco, CA-based company plans to raise $250 million by...
by Sebastian | Mar 15, 2021 | News
Blackstone and Starwood Capital Group has agreed to buy hotel operator Extended Stay America for $6 billion, the companies said. As bookings plunged across the U.S. hotel industry over the last year due to the COVID-19 pandemic, Extended Stay, which specializes in...
by Sebastian | Mar 15, 2021 | News
Clayton, Dubilier & Rice has completed a previously announced partnership transaction in which CD&R-managed funds invested alongside current owners and management to acquire S&S Activewear, a North American distributor of imprintable apparel and...
by Sebastian | Mar 15, 2021 | News
Chinese search giant Baidu Inc said on Monday that its artificial intelligence chip unit Kunlun recently completed a round of fundraising, which according to one source with direct knowledge of the matter values the business at about $2 billion. The fundraising, which...
