KLAR Partners closes debut fund at its hard cap of €600 million

KLAR Partners closes debut fund at its hard cap of €600 million

KLAR Partners today announced the final closing of its debut fund, KLAR Partners I, at its hard cap of €600 million. The fund is one of the largest European first-time funds raised in the last 10 years and by far the largest raised during the COVID-19 pandemic. The...
Carlyle Acquires Majority Stake in Luxury Online Retailer END

Carlyle Acquires Majority Stake in Luxury Online Retailer END

Global investment firm The Carlyle Group today announces that it has agreed to acquire a majority stake in luxury, streetwear and sportswear retailer END. Index Ventures, who currently hold a minority stake, will fully exit. The stake is being acquired from founders...
Synnex to merge with Tech Data in $7.2 billion PE deal

Synnex to merge with Tech Data in $7.2 billion PE deal

IT solutions firm Synnex Corp said on Monday that it will merge with peer Tech Data, owned by funds affiliated to Apollo Global Management, in a deal worth about $7.2 billion, including debt. Shares of Synnex jumped over 11% in premarket trade. Apollo Funds will...