Top cannabis-focused website Leafly on Monday agreed to go public by merging with a blank-check firm owned by one of its biggest backers, Merida Capital Holdings, in a deal valuing the combined company at about $532m. Like the rest of the cannabis industry, Leafly has...
GoGuardian, an El Segundo-based educational technology company, has raised $200m from a New York-based private equity firm in a deal that values GoGuardian at well over $1bn. The investment from Tiger Global Management will help accelerate GoGuardian’s mission to...
Turkish e-commerce firm Trendyol, backed by Chinese internet giant Alibaba, said on Monday it had entered into agreements to raise $1.5bn from a number of high-profile investors, valuing the company at $16.5bn. The round was co-led by General Atlantic, SoftBank Vision...
Global private equity firm Advent International is seeking $3bn for its second technology-focused fund, less than two years after collecting $2bn for its debut tech offering, according to people familiar with the fundraising efforts. Advent’s technology funds make...
Private equity firms are rethinking their strategies in China as a widening regulatory crackdown on some of the country’s hottest sectors forces investors to scout for bets in other industries that they hope will be less vulnerable to sudden policy changes. Private...
