The market for leveraged buyouts has sprung back to life after private-equity firms finished triaging their coronavirus-stricken portfolio companies and shifted attention back to their mounting cash piles. Buyout firms spent the bulk of the second quarter battened...
Clayton Dubilier & Rice could collect about $14bn for its largest buyout fund to date, surpassing its fundraising goal, according to people familiar with the matter. While the firm has reached its $13bn target for its 11th flagship fund, it is still raising money...
Mid-market private equity firm Livingbridge has agreed to sell Ten10, a UK a quality engineering and software testing services provider, to Graphite Capital. The firms declined to provide financial details of the deal. Ten10 helps about 100 customers in the financial,...
Blackstone Group Inc. is in advanced talks to buy L&T Asset Management Co. as the private equity giant looks to double down on its investments in India, its strongest performer, amid depressed valuations because of the coronavirus outbreak, two people with direct...
Datto Holding Corp., a developer of cloud-based data backup software, raised $594 million in an initial public offering priced at the top end of a marketed range. The company sold 22 million shares on Tuesday for $27 each, according to a statement. Datto had marketed... 