by Sebastian | Feb 17, 2021 | News
Three blank-check firms, backed by private equity firm InterPrivate, are looking to raise as much as $650 million in their initial public offerings, regulatory filings showed on Wednesday. InterPrivate II Acquisition Corp, InterPrivate III Financial Partners Inc and...
by Sebastian | Feb 17, 2021 | News
Canadian private equity firm Novacap has closed Novacap TMT VI (TMT VI) at USD1.865 billion, making it the largest fund raised by the firm to date. The total includes significant commitments from Novacap’s partners and employees as well as from the Novacap...
by Sebastian | Feb 17, 2021 | News
Carbon-negative products maker Origin Materials said on Wednesday it has agreed to go public through a merger with blank-check firm Artius Acquisition Inc, in a deal that values the equity of the combined entity at $1.8 billion. The deal will provide Origin with gross...
by Sebastian | Feb 17, 2021 | News
After raising $690 million from SoftBank in December to make acquisitions, the Sweden-based cloud communications company Sinch has followed through on its strategy in that department. Today the company announced that it is acquiring Inteliquent, an interconnection...
by Sebastian | Feb 17, 2021 | News
KKR & Co Inc said on Wednesday it has agreed to acquire industrial firm Flow Control Group from private equity firm Bertram Capital. Terms of the deal were not disclosed, but a person familiar with the matter said the deal values Flow Control at more than $1...
by Sebastian | Feb 17, 2021 | News
The Issa brothers have completed the deal to buy Britain’s third-largest supermarket chain. Asda was valued at £6.8bn, but the brothers and the investment firm TDR Capital paid just £780m. The rest was borrowed. So how does this kind of deal work? And will it...