by Sebastian | Dec 1, 2021 | News
Excellere Partners, a leading Denver-based private equity firm focused on partnering with entrepreneurs and management teams, announced today that it completed fundraising for its fourth fund at $875m. The fund was oversubscribed, exceeding its target of $750m and...
by Sebastian | Dec 1, 2021 | News
Bain Capital has made a final pitch to members of British insurer LV= to back its takeover bid, after a lengthy sale process that’s drawn a dozen offers as well as political heat about preserving mutual firms. The deal will bring investment in LV=’s growth, including...
by Sebastian | Dec 1, 2021 | News
Investcorp is gearing up to sell Italian motorcycle clothing brand Dainese in a deal that could value the 49-year firm, favoured by motorcycle racer Valentino Rossi, at about €750m, a source familiar with the matter told Reuters. The Bahrain-based private equity firm,...
by Sebastian | Dec 1, 2021 | News
British private equity firm CVC Capital Partners said on Wednesday it has pulled out of takeover talks with Dutch financial services company Intertrust. CVC had launched a 18 euro bid per share for Intertrust on Nov. 11 which valued the firm at 1.63 billion euro...
by Sebastian | Nov 30, 2021 | News
A $12 billion takeover proposal for Telecom Italia by private equity giant KKR has highlighted an ‘Italian discount’, which a surge in investor interest and a European fund aimed at supporting its struggling economy could help narrow. At a 36% discount to...
by Sebastian | Nov 30, 2021 | News
Rajan Bajaj, founder of fintech Slice, chimed in on a Twitter thread early this year and wondered aloud what he needs to do to turn his startup into a unicorn before he turns 30. Slice, which was valued at under $200 million in a financing round in June this year, has...
