by Sebastian | Jan 18, 2021 | News
Private equity firms are refusing to be left out of the initial public offering (IPO) boom. With technology IPOs sometimes doubling on day one, buyout shops are hoping to capture some of the buzz for their less sexy, slower growth and higher leverage assets. Two...
by Sebastian | Jan 18, 2021 | News
Dating app Bumble, which is backed by private equity firm Blackstone Group, on Friday made public its regulatory filing for an initial public offering, revealing steady revenue growth and higher operating costs that resulted in a loss. Bumble Inc’s plans to go public...
by Sebastian | Jan 18, 2021 | News
BlackRock, the world’s largest investment firm, will put sustainability at the center of its investment strategy going forward, according to CEO Larry Fink’s annual letter to chief executives. The letter states that BlackRock, which manages almost $7 trillion in...
by Sebastian | Jan 18, 2021 | News
Private equity firm CPE Capital, the former CHAMP, has lobbed a $2.5 billion buyout proposal for waste management group Bingo Industries, which marks its biggest move since selling Australia’s second-largest wine group Accolade Wines for $1 billion in 2018. The...
by Sebastian | Jan 18, 2021 | News
Harness, a platform for software delivery, has raised $115 million in financing, reaching a valuation of $1.7 billion in just three years after launching from stealth. Alkeon Capital led a $85 million Series C round, along with new investors Battery Ventures, Citi...
by Sebastian | Jan 17, 2021 | News
Fintech has been a venture capital hotspot ever since the global financial crisis, a calamity that exposed some serious flaws in an industry long dominated by an upper-crust of traditional names. In the ensuing years, a host of new companies pitching upstart...
