Platinum Equity in Talks to Buy HNA’s Ingram for $7 Billion

Platinum Equity in Talks to Buy HNA’s Ingram for $7 Billion

U.S. private equity firm Platinum Equity is in advanced talks to buy HNA Group Co.’s Ingram Micro Inc. in a deal that values the technology distributor at about $7 billion, including debt, according to people with knowledge of the matter. Discussions are ongoing and...
Vista Equity’s Robert Smith Under Federal Tax Investigation

Vista Equity’s Robert Smith Under Federal Tax Investigation

Robert Smith, the billionaire co-founder of private equity firm Vista Equity Partners, is under federal investigation on questions over tax compliance involving $200 million in assets moved through offshore entities, according to Bloomberg Investigators are probing...
Billionaire Jack Ma pushes ahead with Ant Group IPO

Billionaire Jack Ma pushes ahead with Ant Group IPO

When Ant Group Co. goes public later this year, the Chinese financial-technology behemoth will likely earn a stratospheric market valuation that would place it at the top of companies listing globally for the first time. In the coming days, the company controlled by...
Exeter Capital Aims to Raise $400 Million for Debut Fund

Exeter Capital Aims to Raise $400 Million for Debut Fund

Boston-based private-equity firm, Exeter Capital, is seeking $400 million for its debut fund, and is marketing it despite disruptions from the coronavirus pandemic, people familiar with the matter said. The consumer-focused private-equity firm was founded in 2018 by a...