by Sebastian | Nov 3, 2021 | News
The private-equity math for portable toilets looks like this in 2021: a billion gallons of waste handled annually equals a $4bn valuation. Those are, anyhow, the numbers behind Platinum Equity’s deal to transfer ownership of United Site Services Inc. from one of its...
by Sebastian | Nov 3, 2021 | News
Autonomous delivery vehicle maker Nuro raised $600m in its latest funding round, the Silicon Valley-based startup said on Tuesday, bringing on board Alphabet Inc’s Google as an investor. The funding round, led by Tiger Global Management, lifted Nuro’s valuation to...
by Sebastian | Nov 3, 2021 | News
KKR & Co Inc said on Tuesday its third-quarter distributable earnings more than doubled to $925.1m, driven by strong growth in management fees and profit from asset sales in its private equity business. KKR and other private equity firms have benefited from a...
by Sebastian | Nov 3, 2021 | News
EQT closed its latest infrastructure fund, EQT Infrastructure V, at €15.7bn above its €12.5bn target, a spokesman confirmed. The fund is focused on the energy, transport and logistics sectors, as well as environmental, digital and social infrastructure. Investors in...
by Sebastian | Nov 3, 2021 | News
BlackRock told Reuters it has raised a target-beating $673m for an infrastructure fund with backing from the French, German and Japanese governments to invest in climate-focused projects such as renewable energy in emerging markets. The world’s largest money...
by Sebastian | Nov 3, 2021 | News
Private equity firm Baring Private Equity Asia (BPEA) has agreed to acquire Tricor Group from buyout group Permira, in a deal valuing the business expansion specialist at $2.76bn including debt. BPEA won a competitive bidding process for the asset, which Permira...
