KKR to buy Birmingham health tech company for $1.2 bln

KKR to buy Birmingham health tech company for $1.2 bln

Global investment firm KKR will acquire a majority interest in Birmingham-based Therapy Brands. Though financial terms were not disclosed, Bloomberg is reporting the deal totals $1.2 billion. Founded in 2013, Therapy Brands is a practice management and electronic...
‘Fortnite’ Maker Epic Games Raised $1B At $28.7B Valuation

‘Fortnite’ Maker Epic Games Raised $1B At $28.7B Valuation

Fortnite game owner and KKR-backed Epic Games had raised $1 billion in its latest funding round at a $28.7 billion valuation. The fundraise involved an additional investment of $200 million from Japan’s Sony Group Corp. Other investors included Appaloosa, Baillie...
Startup Degreed Raises PE Funding at $1.4 Billion Value

Startup Degreed Raises PE Funding at $1.4 Billion Value

Degreed Inc., a software company serving human resource departments, said it has raised $153 million from investors valuing it at more than $1.4 billion. Its valuation rose from $710 million last year, the company said. Sapphire Ventures and Riverwood Capital led the...