Investment firms Knighthead Capital and Certares Management appear to have won an auction to fund U.S. car rental firm Hertz Global’s exit from bankruptcy, according to a Bloomberg News reporter on Wednesday. The firms along with private equity company Apollo...
Vinted has announced that it has closed an all-equity round of $303m funding led by EQT Growth, that values the company at $4.5bn post-money. The circular economy — where consumers themselves are both the suppliers and buyers of goods and services — has come into its...
Deerpath Capital Management, a firm that makes loans to smaller companies, has closed its fifth fund at $1.1bn. The firm primarily lends to private equity-backed lower middle-market companies. The vehicle, Deerpath Capital V LP, exceeded the firm’s initial target and...
South Korean private equity firm Centroid Investment Partners has acquired US sports equipment manufacturing firm TaylorMade Golf Co. for $1.7bn, marking the largest-ever acquisition in the golf goods industry. The cross-border transaction became the six-year-old PE...
France’s Orange is reviewing a possible acquisition of its Brookfield-backed former unit TDF, a telecoms infrastructure operator, L’Express magazine reported on Tuesday. Orange, the leading telecoms operator in France, sold TDF almost 20 years ago to... 