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  • News & Insights
TA Associates to Float Czech Trucking Service, Eurowag, in a £1.5bn Flotation on the Red-hot London Public Market

TA Associates to Float Czech Trucking Service, Eurowag, in a £1.5bn Flotation on the Red-hot London Public Market

by Sebastian | Aug 31, 2021 | News

London’s public markets remain red-hot after a Czech trucking service revealed a £1.5billion float.  In the latest post-Brexit boost to the City, private equity firm TA Associates is poised to float Eurowag, which provides payment and technology services to hauliers. ...
Advent Is Said to Explore Taking Payments Firm Xplor Public at a $4bn Valuation

Advent Is Said to Explore Taking Payments Firm Xplor Public at a $4bn Valuation

by Sebastian | Aug 31, 2021 | News

Advent International is considering taking payments company Xplor Technologies public, according to people familiar with the matter.  The private equity firm is working with Goldman Sachs Group Inc. and Citigroup Inc. to weigh an initial public offering for...
Sainsbury’s Bank could be sold for £200m to Centerbridge Partners

Sainsbury’s Bank could be sold for £200m to Centerbridge Partners

by Sebastian | Aug 31, 2021 | News

Sainsbury’s Bank could be sold within weeks for £200m, almost a year after the supermarket put its financial arm up for sale. The bank has around two million customers and offers savings, loans, insurance, travel money and credit cards. It stopped mortgage...
Catalent to Buy Highlander Partners-Backed Bettera for $1bn

Catalent to Buy Highlander Partners-Backed Bettera for $1bn

by Sebastian | Aug 30, 2021 | News

Catalent, the contract drug maker known for manufacturing COVID-19 vaccines, said on Monday it would buy gummy vitamins maker Bettera Holdings for $1bn in cash to expand in the nutritional supplements market. Texas-based Bettera makes vitamins, supplements and...
Softbank-Backed Ride-Sharing Company Ola Readies for up to $1bn India IPO

Softbank-Backed Ride-Sharing Company Ola Readies for up to $1bn India IPO

by Sebastian | Aug 30, 2021 | News

Indian ride-sharing giant Ola plans to raise up to $1bn through an initial public offering (IPO) and is finalising banks to advise on the fund-raise. Ola, backed by Japan’s Softbank Group, has roped in Citigroup, two people with direct knowledge of the matter said. It...
Fitness Tracker Firm Whoop Valued at $3.6bn After SoftBank-Led Funding

Fitness Tracker Firm Whoop Valued at $3.6bn After SoftBank-Led Funding

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...
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