by Sebastian | Aug 29, 2022 | News
Zendesk’s investor Light Street Capital Management said it will vote against the software company’s $10.2bn deal to go private and instead proposed that Zendesk remain a standalone public company and find a new Chief Executive Officer. Light Street, which...
by Sebastian | Aug 29, 2022 | News
Mental health care provider membership network Alma has picked up a $130m Series D investment round led by private equity major Thoma Bravo. Cigna Ventures and existing backers Insight Partners, Optum Ventures, Tusk Venture Partners, Primary Venture Partners and Sound...
by Sebastian | Aug 29, 2022 | News
Olympus Corp said on Monday it has agreed to sell its microscope unit to private equity firm Bain Capital for $3bn as the Japanese company focuses its resources on medical technology. The sale of the unit, which also makes industrial endoscopes and x-ray analysers,...
by Sebastian | Aug 26, 2022 | News
The four largest publicly traded alternative asset managers – Apollo Global Management Inc., Blackstone, Carlyle, and KKR – held roughly $416bn in dry powder at the end of the second quarter, said a study. The quartet aims to take advantage of the same...
by Sebastian | Aug 26, 2022 | News
Investors in crypto have endured wild moves in recent months, but this has not fazed asset managers who are preparing to use the blockchain technology behind cryptocurrencies to break funds into bite-sized units, or tokens, to sell to small savers. Bitcoin fell 7.7%...
by Sebastian | Aug 26, 2022 | News
Private equity firm Foresight Group has shed light on its disposal of a provider of service and maintenance of diagnostic imaging equipment, including the size of its return. Last week, Knowsley-based Mi Healthcare was snapped up by Probo Medical, a...