Toast Inc is aiming for a valuation of more than $16bn in its U.S. initial public offering (IPO), according to a regulatory filing on Monday by the startup that sells software to help restaurants with both online and in-store orders. Boston-based Toast plans to sell...
Diversis Capital Management, a Los Angeles-based private equity firm focused on investing in software and technology-enabled services organizations, today announced the completion of Diversis Capital Partners II, with $675m of total commitments just three months after...
Unilever is set to receive a £4bn bid for its tea business as early as next week. A consortium formed by US private equity firm Advent International and Singapore’s GIC is expected to put forward an offer ahead of a bid deadline. PG Tips and other tea brands...
Private equity firm CVC has agreed to buy Glendower Capital, the companies said on Monday, creating a combined company with total assets under management of about €113bn. Financial terms of the deal were not disclosed. Glendower was founded in 2006 as part of Deutsche...
Private equity firm Arctos Sports Partners has added to its National Basketball Association (NBA) investment portfolio having agreed a deal to take a 17% stake in the Sacramento Kings, according to Sportico. The acquisition reportedly values the franchise at $1.8bn...
