UPDATE: Airbnb files for IPO as short-term rental market rebounds

UPDATE: Airbnb files for IPO as short-term rental market rebounds

Short-term home rental company Airbnb Inc said on Wednesday it filed confidentially for an initial public offering with U.S. regulators, setting the stage for one of 2020’s marquee U.S. stock market debuts. The move underscores a rebound in parts of the travel...
Investment Firm EQT Agrees to Purchase EdgeConneX for $3 Billion

Investment Firm EQT Agrees to Purchase EdgeConneX for $3 Billion

Global investment firm EQT agreed to buy EdgeConneX, a large data center provider, from investors including Providence Equity Partners. Financial terms weren’t announced, but Private Equity News’ sister title Barron’s has learned that EdgeConneX sold for $2.5bn...
Heavy hitters lead the way in our Q2 league tables

Heavy hitters lead the way in our Q2 league tables

The Carlyle Group, KKR and TPG Capital are three of the biggest names on the private equity landscape. In the second quarter of 2020, all three were among the 10 most active PE firms in the US, led by Carlyle and its 13 new investments. What other firms are at the top...
Starboard Value seeks $300 million for blank-check acquisition

Starboard Value seeks $300 million for blank-check acquisition

Starboard Value LP said on Tuesday it plans to raise $300 million through a blank-check acquisition vehicle, becoming the latest major hedge fund to jump on this year’s frenzy for such deals. Starboard, launched in 2011 by CEO Jeffrey Smith, joins the ranks of William...