by Sebastian | Dec 9, 2021 | News
Natural consumer products maker Grove Collaborative on Wednesday agreed to go public through a merger with a blank-check firm backed by billionaire Richard Branson, in a deal valuing the combined entity at about $1.5bn, including debt. Grove, which makes eco-friendly...
by Sebastian | Dec 8, 2021 | News
Online mental health startup Cerebral has raised $300m in a funding round led by SoftBank Vision Fund 2, it said on Wednesday, lifting its valuation fourfold to $4.8bn in less six months after the last capital raise. The San Francisco-based company, which signed...
by Sebastian | Dec 8, 2021 | News
Britain’s Clinigen Group has agreed to be bought by UK-based private-equity firm Triton Investment Management in a deal that values the pharmaceutical services firm at about $1.6bn, the companies said on Wednesday. Last week, Clinigen had confirmed advanced...
by Sebastian | Dec 8, 2021 | News
UK-based environmental, social and governance (ESG) equity funds saw a record $2bn in inflows in November as COP26 climate talks spurred investor interest in sustainability, according to funds network Calastone. The climate summit in Glasgow, Scotland, in the early...
by Sebastian | Dec 8, 2021 | News
Private equity firm PAG has held informal talks with a few suitors interested in AirPower Technologies, China’s largest independent producer of industrial gases, three people familiar with the situation told Reuters. Potential buyers include Macquarie...
by Sebastian | Dec 8, 2021 | News
Mimecast said that funds advised by private equity firm Permira will take the email security company private in a deal valued at about $5.8 billion, at a time when investors are pouring money into data security companies as cyberattacks rise. Mimecast shareholders...
