Cinven to snap up £2bn wealth management platform True Potential

Cinven to snap up £2bn wealth management platform True Potential

Cinven, the private equity firm, is close to wrapping up a takeover of True Potential, a wealth management platform which works with a fifth of Britain’s army of financial advisers. Sky News has learnt that Cinven was on Tuesday night on the verge of signing a...
Blackstone to Buy Chamberlain Group for about $5bn

Blackstone to Buy Chamberlain Group for about $5bn

Blackstone Group has agreed to buy the Chamberlain Group in a deal that values the family-owned maker of LiftMaster garage-door openers at about $5bn including debt, officials from the companies said. The private-equity giant is doing the deal through its core...
Carlyle leads $312m funding round for Japanese unicorn Spiber

Carlyle leads $312m funding round for Japanese unicorn Spiber

Global private equity firm Carlyle said on Wednesday it led a $312m funding round for Japanese biotech company Spiber, joining other global investors in betting on a growing number of late-stage Japanese startup firms. Carlyle’s $91m stake in Spiber represents the...
TSG-backed Dutch Bros aims for over $3.3bn valuation in U.S. IPO

TSG-backed Dutch Bros aims for over $3.3bn valuation in U.S. IPO

Private equity firm TSG-backed Dutch Bros is aiming for a valuation of over $3.3bn in a U.S. initial public offering, a regulatory filing by the coffee chain showed on Tuesday. Dutch Bros, founded in 1992 by brothers Dane and Travis Boersma in Oregon, plans to raise...
KKR-backed ForgeRock targets over $1.9bn valuation in U.S. IPO

KKR-backed ForgeRock targets over $1.9bn valuation in U.S. IPO

ForgeRock Inc, a digital identity management company backed by an affiliate of private equity firm KKR & Co, is aiming for a valuation of more than $1.9bn in a U.S. initial public offering (IPO). The company plans to raise up to $264 million through the IPO, it...