General Atlantic-led deal values payments company at $1.2bn

General Atlantic-led deal values payments company at $1.2bn

Payments company dLocal Group has become one of Latin America’s best funded venture-backed companies through a deal that valued the business at $1.2bn. Uruguay-based dLocal, which helps international companies process payments in emerging markets, raised $200m in a...
Carlyle to Acquire Data Company TriNetX in Health-Care Drive

Carlyle to Acquire Data Company TriNetX in Health-Care Drive

Carlyle Group Inc., the alternative asset manager overseeing $221 billion, is buying a majority stake in clinical data company TriNetX Inc. Equity capital for the investment came from the $18.5 billion private equity fund, Carlyle Partners VII, the company said...
Swedish tech investor Kinnevik rides digital shift in Covid era

Swedish tech investor Kinnevik rides digital shift in Covid era

Kinnevik has reaped the benefits of its two “big bets” on digital healthcare and online grocery start-ups after demand for remote services soared during the pandemic, but Europe’s largest listed investor in technology companies rejected comparisons with Japanese...
Blackstone Nears $2.3 Billion Precision Medicine Buyout

Blackstone Nears $2.3 Billion Precision Medicine Buyout

Blackstone Group Inc., one of the world’s largest investment firms, is nearing a deal to buy Precision Medicine Group for about $2.3 billion, according to people familiar with the matter. The firm is set to buy a majority stake in the group from existing backers...