by Sebastian | Mar 1, 2021 | News
Klarna, the Swedish buy now, pay later behemoth and upstart bank, has raised $1 billion in new funding at a post-money valuation of $31 billion. That sees the company retain the crown as the highest-valued private fintech in Europe. Backers of this round are said to...
by Sebastian | Mar 1, 2021 | News
A so-called ‘blank cheque’ company set up by a group of financiers is weighing a merger with Lombard International, one of the largest UK-based wealth management groups. Sky News has learnt that Kingswood Acquisition Corp, which listed in New York late last year, is...
by Sebastian | Mar 1, 2021 | News
Deals targeting logistics companies in China have delivered the best start to the year on record, generating bumper profits for private equity firms. About $5.5 billion worth of acquisitions of Chinese logistics firms have been announced so far this year, the...
by Sebastian | Mar 1, 2021 | News
Brazilian delivery startup Loggi Tecnologia Ltda, which is backed by SoftBank Group Corp. and Microsoft Corp., raised 1.15 billion reais ($205 million) in its latest funding round that now values the company at close to $2 billion. The new round, the company’s largest...
by Sebastian | Mar 1, 2021 | News
Monroe Capital has sponsored MCAP Acquisition Corporation, a special purpose acquisition company (SPAC). This is the third SPAC Monroe has participated as a sponsor investor. In 2018, Monroe co-sponsored Thunder Bridge Acquisition, Lt. and supported its successful...
by Sebastian | Mar 1, 2021 | News
CORE Industrial Partners (CORE), a Chicago-based private equity firm, today announced the successful final and only close of CORE Industrial Partners Fund II (Fund II) with total commitments of $465 million. Fund II was significantly oversubscribed with demand in...
