Centerbridge Nears $2.3bn Deal for TPG’s Medsol

Centerbridge Nears $2.3bn Deal for TPG’s Medsol

Private equity firm Centerbridge Partners and Canadian pension fund Caisse de dépôt et placement du Quebec (CPDQ) are nearing a deal to buy TPG-backed Medical Solutions for about $2.3bn including debt. The deal for Medical Solutions, also known as Medsol, could be...
Carlyle Offers $3bn to Baring Private Equity-Owned Hexaware

Carlyle Offers $3bn to Baring Private Equity-Owned Hexaware

Private equity giant Baring, which owns the software firm Hexaware Technologies, is set to pick the $3bn offer from the Carlyle Group for the city-based company, according to a person with direct knowledge of the matter. The Carlyle Group – the Washington-based...
TPG-Backed Toast Files for U.S. IPO Seeking $20bn Valuation

TPG-Backed Toast Files for U.S. IPO Seeking $20bn Valuation

Toast filed for an initial public offering (IPO) on Friday, as the start-up that sells software to help restaurants with online ordering looks to cash in on the surge in demand for food delivery since the start of the COVID-19 pandemic. Toast’s IPO will follow...
Blackrock-Backed Rivian Files for IPO Seeking $70bn Valuation

Blackrock-Backed Rivian Files for IPO Seeking $70bn Valuation

Electric vehicle maker Rivian said it has confidentially filed paperwork with regulators for an initial public offering, setting the stage for a blockbuster year-end market debut as it looks to tap into a red-hot IPO market in the U.S. Rivian, which counts Amazon.com...