SoftBank Group Corp.’s Vision Fund will outline plans for a blank-check company in the next two weeks, seeking to capitalize on the investor frenzy surrounding the unusual fundraising vehicle. Rajeev Misra, the head of the Vision Fund, teased the effort in an...
The sale of Allworth Financial is heating up with a winning bidder expected soon, according to four banking and private-equity executives. The auction has narrowed to three private equity firms; final bids were due last week, Oct. 6, two of the sources said. Raymond...
Long Ridge Equity Partners, a leading sector-focused private equity firm, today announced the final closing of Long Ridge Equity Partners III. The oversubscribed fund closed at its hard cap of $400 million of Limited Partner commitments plus an additional $45 million...
Private equity firm Ardian said on Tuesday it acquired a 50% stake in specialty chemicals maker ANGUS Chemical Company from Golden Gate Capital for a total enterprise value of about $2.25 billion San Francisco-based Golden Gate Capital bought ANGUS from The Dow...
Japan’s SoftBank Group has taken a 9.7% stake in educational gaming company Kahoot by investing 1.98 billion Norwegian crowns ($216 million) in new equity, the Norwegian company said on Tuesday. Kahoot’s online platform of games-based learning and entertainment... 