by Sebastian | Aug 18, 2022 | News
Major U.S. and European banks are facing tougher times in the riskiest parts of the loan market. The biggest U.S. lenders, including Bank of America and Citigroup, wrote down $1bn in the second quarter on leveraged and bridge loans as rising interest rates made it...
by Sebastian | Aug 18, 2022 | News
HR tech developer HiBob has reached a $2.45bn valuation after investors including General Atlantic and Bessemer Venture Partners backed a $150m Series D round for the business. The new investment round comes just nine months after HiBob raised $150m for its Series C...
by Sebastian | Aug 17, 2022 | News
Sweden-based private equity fund EQT said it had made a cash offer for the remaining shares in Swedish biopharmaceuticals group Karo Pharma. EQT currently owns 86% of Karo Pharma. The total value of the offer is $215.15m, valuing Karo Pharma at $1.6bn, EQT subsidiary...
by Sebastian | Aug 17, 2022 | News
SailPoint Technologies Holdings the leader in enterprise identity security announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $6.9bn. The agreement to be acquired was...
by Sebastian | Aug 17, 2022 | News
KKR has acquired cybersecurity firm Barracuda Networks from its private equity owner Thoma Bravo, highlighting continued interest in cybersecurity businesses from buyout firms. The announcement, confirming an earlier Reuters report amounted to $4bn. Sources who...
by Sebastian | Aug 17, 2022 | News
New Fortress Energy and Apollo reported they have completed the previously announced Joint Venture, establishing a platform which now owns and operates 11 liquefied natural gas infrastructure vessels consisting of Floating Storage and Regasification assets, Floating...
