Mobeus nets 23.4% IRR in UK tech company sale

Mobeus nets 23.4% IRR in UK tech company sale

UK lower mid-market firm Mobeus Equity Partners has scored an internal rate of return of 23.4% in the sale of security devices manufacturer Access-IS to US trade buyer HID. The firm generated a money multiple of 2.5x on the transaction, according to a statement. Based...
The SPAC market is deflating. Here’s why.

The SPAC market is deflating. Here’s why.

There is now more than $40bn of SPAC capital on the market searching for acquisition targets, but not all of those will agree to home-run deals, or be able to find ones before their deadlines at all The hottest market in history for special purpose acquisition...
Blackstone racks up $10bn for core property strategy

Blackstone racks up $10bn for core property strategy

Blackstone Group has surpassed the $10bn mark in commitments to its core real estate strategy, which has focused recently on growth segments such as warehouses for distributors and production studios for digital content creators. The New York private equity giant...