by Sebastian | Jul 23, 2021 | News
Uber Technologies’s Freight unit is buying technology-focused logistics services provider Transplace in a cash and stock deal worth about $2.25bn that extends the ride-hailing giant’s reach into the U.S. domestic shipping sector. Uber reached an agreement to acquire...
by Sebastian | Jul 22, 2021 | News
Baird Capital, the global private equity and venture capital arm of Baird, has held the final close for its second Global Fund (Global Fund II) with over $340m in committed capital. The fund makes buyout and growth equity investments of 15m to 40m in Technology &...
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...