9 big things: A $44B unicorn stampede hits Wall Street

9 big things: A $44B unicorn stampede hits Wall Street

Ever since Spotify pioneered the direct listing as a new route for unicorns to go public in 2018, a growing number of venture capitalists have proselytized the deal type as a superior alternative to an IPO. There was only one problem: Companies couldn’t raise...
KKR in final talks to sell Epicor Software for $4.7bn

KKR in final talks to sell Epicor Software for $4.7bn

KKR & Co. is nearing a deal to sell Epicor Software Corp. to a group led by private-equity firm Clayton Dubilier & Rice LLC for around $4.7 billion, including debt, according to people familiar with the matter. A deal for the company, which makes back-office...
Hut Group targets £4.5bn valuation in London listing

Hut Group targets £4.5bn valuation in London listing

British e-commerce company The Hut Group Ltd. plans to sell 920 million pounds ($1.2 billion) of new shares in an initial public offering, breathing life into an IPO market that has seen little activity this year. Holders of existing shares also will reduce their...
GTCR Seeks to Raise $6.75 Billion for Its Biggest Buyout Fund

GTCR Seeks to Raise $6.75 Billion for Its Biggest Buyout Fund

GTCR is seeking to raise $6.75 billion for a buyout fund that would be its biggest yet, according to a person with knowledge of the matter. The firm has begun preliminary discussions with prospective investors, said the person, who requested anonymity because the...