Warburg Pincus invests $100 million in Brazil startup Take Blip

Warburg Pincus invests $100 million in Brazil startup Take Blip

U.S. private equity firm Warburg Pincus LLC has invested $100 million in a series A round in the Brazilian startup Take Blip, according to a statement on Wednesday. Take Blip is a communication platform that helps companies engage with clients via messaging apps such...
European dealmaking and fundraising bounce back in Q3

European dealmaking and fundraising bounce back in Q3

Managers are back in business in Europe. Private equity dealmaking and fundraising both started to show signs of recovery in the third quarter, according to data provider Preqin. Investors closed 364 deals in Q3, corresponding to $19bn, a 58% increase from the...
Sweden’s Ratos sells data company Bisnode in $807m deal

Sweden’s Ratos sells data company Bisnode in $807m deal

Swedish private equity firm Ratos said that it is selling its 70% stake in data and analytics company Bisnode to US business analytics firm Dun & Bradstreet. Dun & Bradstreet will pay SEK7.2 billion ($807m) in cash and stock for Bisnode, with Ratos’s...
Wall Street Is Helping Private Equity Recycle Its Aging Assets

Wall Street Is Helping Private Equity Recycle Its Aging Assets

Private equity firms are prolonging the shelf lives of their aging assets with deals that are proving increasingly popular with managers, but not with all investors. Firms under pressure to offload assets from their expiring funds are opting to repackage them into new...
Ferrero snaps up Fox’s Biscuits to expand cookie business

Ferrero snaps up Fox’s Biscuits to expand cookie business

Nutella-maker Ferrero has agreed to buy Britain’s Fox’s Biscuits, looking to expand its cookie business in Europe and take advantage of increased consumption as many Britons work from home, it said on Wednesday. The Italian group has expanded rapidly over the past...