Uber Technologies’s Freight unit is buying technology-focused logistics services provider Transplace in a cash and stock deal worth about $2.25bn that extends the ride-hailing giant’s reach into the U.S. domestic shipping sector. Uber reached an agreement to acquire...
Baird Capital, the global private equity and venture capital arm of Baird, has held the final close for its second Global Fund (Global Fund II) with over $340m in committed capital. The fund makes buyout and growth equity investments of 15m to 40m in Technology &...
Blackstone said its second quarter distributable earnings nearly doubled year on year driven by a surge in asset sales across its real estate, private equity, credit and insurance businesses. Distributable earnings, which represents the cash used to pay dividends to...
Thoma Bravo-owned Sophos has announced it’s acquiring Braintrace, a cybersecurity startup that provides organizations visibility into suspicious network traffic patterns. Terms of the deal were not disclosed. Braintrace, which was founded in 2016 and has raised $10m...
Baring Private Equity Asia has shortlisted bidders including Bain Capital and French company Teleperformance SE for its India portfolio firm Hexaware Technologies in a deal that could fetch nearly $3bn. Also in the race are private equity firms KKR and The Carlyle...
