PSG closes latest private equity fund at $4.5bn

PSG closes latest private equity fund at $4.5bn

Providence Strategic Growth Capital Partners closed its latest flagship private equity fund, PSG V, at its hard cap of $4.5bn, the company announced in a news release Tuesday. The fund targets investments in middle-market software and technology-enabled services...
AutoStore seeks to raise $315m in one of Norway’s largest IPOs

AutoStore seeks to raise $315m in one of Norway’s largest IPOs

SoftBank-backed robotics firm AutoStore said on Tuesday it was seeking to raise $315 million by listing on the Oslo Bourse for an initial public offering (IPO) at a valuation that could make it Norway’s largest stock launch in two decades. In April, SoftBank bought a...