Gores-backed SPACs to raise $640 million through IPOs

Gores-backed SPACs to raise $640 million through IPOs

Two blank-check companies, backed by private equity firm Gores Group LLC, are looking to raise $640 million through initial public offerings (IPO), regulatory filings showed on Tuesday. The special purpose acquisition companies (SPACs) – Gores Technology...
UK PE market bounces back after Covid-19 hit

UK PE market bounces back after Covid-19 hit

UK private equity deal activity bounced back in the second half of 2020, although a profound slump in transactions in Q2 as lockdown gripped the M&A market meant that total annual deal volumes hit their lowest levels in more than seven years. KPMG’s latest study...