by Sebastian | Jul 22, 2021 | News
Blackstone said its second quarter distributable earnings nearly doubled year on year driven by a surge in asset sales across its real estate, private equity, credit and insurance businesses. Distributable earnings, which represents the cash used to pay dividends to...
by Sebastian | Jul 22, 2021 | News
Thoma Bravo-owned Sophos has announced it’s acquiring Braintrace, a cybersecurity startup that provides organizations visibility into suspicious network traffic patterns. Terms of the deal were not disclosed. Braintrace, which was founded in 2016 and has raised $10m...
by Sebastian | Jul 22, 2021 | News
Baring Private Equity Asia has shortlisted bidders including Bain Capital and French company Teleperformance SE for its India portfolio firm Hexaware Technologies in a deal that could fetch nearly $3bn. Also in the race are private equity firms KKR and The Carlyle...
by Sebastian | Jul 22, 2021 | News
Five Elms Capital, a leading global growth private equity firm 100% focused on investing in world class B2B software, today announced the closing of Five Elms V with $780m in capital commitments. Five Elms V will target equity investments between $5m and $75m. The new...
by Sebastian | Jul 22, 2021 | News
KKR is to acquire Teaching Strategies, a provider of curriculum, assessment and family engagement tools to the early childhood education market, from global growth investor Summit Partners. Financial details of the transaction have not been disclosed. Teaching...
by Sebastian | Jul 22, 2021 | News
Insilico Medicine, a company that uses artificial intelligence to drive drug discovery, is considering a U.S. IPO that could raise about $300m, according to people familiar with the matter. The Hong Kong-based firm is in talks with investment banks about a possible...