Zendesk goes private in $10bn deal

Zendesk goes private in $10bn deal

Software company Zendesk completed its sale to a group of private equity firms led by Hellman & Friedman and Permira in a deal valued at $10.2bn after prolonged pressure from activist investor Jana Partners. As part of the deal, Zendesk shareholders received...
CD&R Is in Talks to Invest $1bn in Software Maker Pegasystems

CD&R Is in Talks to Invest $1bn in Software Maker Pegasystems

Private equity firm Clayton Dubilier & Rice is in discussions to invest about $1bn in enterprise software provider Pegasystems, according to people familiar with the matter. The investment is strategic for CD&R and not a prelude to a takeover of Pegasystems,...
Fasanara Capital lands $200m Canadian pension fund mandate

Fasanara Capital lands $200m Canadian pension fund mandate

Fasanara Capital, an alternative credit and venture capital investor, has landed a strategic $200m mandate from one of Canada’s largest pension investors. The cash will be used to lend to fund invoice receivables, working capital facilities, short-term SME loans, as...
Stonepeak makes first Australian deal with $732m port purchase

Stonepeak makes first Australian deal with $732m port purchase

U.S investment group Stonepeak said on Monday it would make its first Australian purchase by agreeing to buy GeelongPort which sources said was worth $732m. Stonepeak will partner with Australian industry superannuation Spirit Super for the deal which is expected to...