by Sebastian | Oct 1, 2021 | News
Activist investor Coast Capital said on Thursday it was planning to vote against U.S. private equity firm Vista Equity Partners’ $1.48bn bid for software developer Blue Prism Group. Earlier this week, Blue Prism became the latest British takeover target by a private...
by Sebastian | Sep 30, 2021 | News
Medical supply company Medline Industries is poised to get the largest leveraged buyout loan in eight years, according to data compiled by Bloomberg. The dollar tranche of its takeover financing was just upsized for a second time, going to $7.27bn from $6bn...
by Sebastian | Sep 30, 2021 | News
Softbank Vision Fund 2 has led a Series E $200m investment in Andela, a global network for remote engineering talent, that values the company at $1.5bn. Other investors in the round included new investor Whale Rock and existing investors: Generation Investment...
by Sebastian | Sep 30, 2021 | News
Britain’s Playtech said on Wednesday it would sell its financial trading unit to Gopher Investments, the company’s second-biggest shareholder, for $250m, after investors had rejected a rival deal agreed to earlier this year. The cash deal for Finalto has been...
by Sebastian | Sep 30, 2021 | News
KKR is considering a sale of its Japanese power tool and life science equipment maker Koki Holdings Co. amid interest from potential buyers, according to people familiar with the matter. The New York-based private equity firm is working with a financial adviser on the...
by Sebastian | Sep 30, 2021 | News
A group of global private equity firms and pensions funds managing over $4 trillion in assets have joined hands to standardize reporting on environmental, social and governance (ESG) performance of portfolio companies. The group, led by Carlyle Group and the...