Sneaker marketplace GOAT hits $3.7B valuation in Series F raise

Sneaker marketplace GOAT hits $3.7B valuation in Series F raise

Sneaker and streetwear empire GOAT just doubled its valuation in a massive new raise. The GOAT Group parent company shared today that it has raised $195 million in a Series F raise valuing the fashion giant at some $3.7 billion. The raise was led by a handful of hedge...
Sainsbury’s is next supermarket PE takeover target

Sainsbury’s is next supermarket PE takeover target

“Sainsbury’s is the second most attractive target,” says Ioannis Pontikis, equity analyst at Morningstar. “Tesco has seen a turnaround and the potential for profit margin improvement is not that great, while Sainsbury’s… they still have a lot of fat to burn. A former...
J.P. Morgan Asset Management’s Acquisition of Campbell Global

J.P. Morgan Asset Management’s Acquisition of Campbell Global

J.P. Morgan Asset Management completed its acquisition of Campbell Global from BrightSphere Investment Group. The transaction is being done in an effort to directly impact the transition to a low-carbon economy and provide ESG-minded investment opportunities related...
Private-Equity Firms and Their Bankers Race to Handle Deal Surge

Private-Equity Firms and Their Bankers Race to Handle Deal Surge

A Covid-muted 2020 gave way to a tidal wave of potential mergers and acquisitions this year that has private-equity firms, their advisers and investment bankers racing to keep up with the crush of deals. “Things are pretty crazily busy across the whole market,” said...