by Sebastian | Mar 23, 2021 | News
EQT announced that the EQT Mid Market Europe fund brings in Swedish blue chip pension funds Alecta and AMF and fund management company TIN through a minority sale in Epidemic Sound, the market leading platform for restriction-free music. Today’s announcement...
by Sebastian | Mar 23, 2021 | BPEC, DPEC, GPEC, News, NPCD, SPEC
KLAR Partners today announced the final closing of its debut fund, KLAR Partners I, at its hard cap of €600 million. The fund is one of the largest European first-time funds raised in the last 10 years and by far the largest raised during the COVID-19 pandemic. The...
by Sebastian | Mar 23, 2021 | News, UKPEC
Global investment firm The Carlyle Group today announces that it has agreed to acquire a majority stake in luxury, streetwear and sportswear retailer END. Index Ventures, who currently hold a minority stake, will fully exit. The stake is being acquired from founders...
by Sebastian | Mar 22, 2021 | News
IT solutions firm Synnex Corp said on Monday that it will merge with peer Tech Data, owned by funds affiliated to Apollo Global Management, in a deal worth about $7.2 billion, including debt. Shares of Synnex jumped over 11% in premarket trade. Apollo Funds will...
by Sebastian | Mar 22, 2021 | News
SoftBank Group Corp-backed auto marketplace ACV Auctions Inc said it was looking to raise up to $364.1 million in its initial public offering in the United States, after raising its offer price range on Monday. The company, also backed by investment firm Bessemer...
by Sebastian | Mar 22, 2021 | News
Cubic Corp said on Monday it had received an unsolicited offer from Singapore’s ST Engineering to buy the company for about $2.4 billion, boosting the software maker’s shares to match the offer price of $76. ST Engineering’s offer is superior to a rival bid by...