by Sebastian | Aug 30, 2021 | News
Fitness tracker startup Whoop said it had raised $200m funding led by SoftBank’s Vision Fund 2, valuing the company at $3.6bn. The company said it would primarily use the new capital to invest in research and product development, international expansion and...
by Sebastian | Aug 30, 2021 | News
KBC Bank Ireland has sold a portfolio comprising its remaining non-performing mortgage loans in a €1.1bn deal to funds managed by US private equity giant CarVal. KBC Bank Ireland has sold a portfolio comprising its remaining non-performing mortgage loans in a €1.1 bn...
by Sebastian | Aug 30, 2021 | News
Private equity firm Centerbridge Partners and Canadian pension fund Caisse de dépôt et placement du Quebec (CPDQ) are nearing a deal to buy TPG-backed Medical Solutions for about $2.3bn including debt. The deal for Medical Solutions, also known as Medsol, could be...
by Sebastian | Aug 29, 2021 | News
Private equity giant Baring, which owns the software firm Hexaware Technologies, is set to pick the $3bn offer from the Carlyle Group for the city-based company, according to a person with direct knowledge of the matter. The Carlyle Group – the Washington-based...
by Sebastian | Aug 29, 2021 | News
Toast filed for an initial public offering (IPO) on Friday, as the start-up that sells software to help restaurants with online ordering looks to cash in on the surge in demand for food delivery since the start of the COVID-19 pandemic. Toast’s IPO will follow...
by Sebastian | Aug 29, 2021 | News
Electric vehicle maker Rivian said it has confidentially filed paperwork with regulators for an initial public offering, setting the stage for a blockbuster year-end market debut as it looks to tap into a red-hot IPO market in the U.S. Rivian, which counts Amazon.com...