by Sebastian | Aug 20, 2021 | News
Hagerty, which insures classic cars, has agreed to go public through a merger with SPAC Aldel Financial in a deal that values it at $3.13bn. The merger with Aldel Financial will provide stock market investors with a way to invest in the fast-growing classic car...
by Sebastian | Aug 20, 2021 | News
SoftBank-backed DriveWealth has raised $450m in fresh capital as part of a late-stage financing round co-led by Insight Partners and Accel, valuing the fintech firm at $2.85bn. The funding round also includes investments from Greyhound Capital, SoftBank Vision Fund,...
by Sebastian | Aug 20, 2021 | News
Private equity firm Greystar Real Estate Partners is set to buy London rental housing business Fizzy Living. Greystar is also in talks to buy Metropolitan Thames Valley’s minority stake in Fizzy’s real estate portfolio of nearly 1,000 homes across London, which is...
by Sebastian | Aug 20, 2021 | News
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, closed its previously announced $8.1bn acquisition of Astound Broadband, the sixth largest U.S. cable operator in the United States, operating leading regional providers...
by Sebastian | Aug 20, 2021 | News
Geost, a company that supplies space surveillance sensors to the U.S. military and intelligence agencies, has been acquired by ATL Partners, a private equity firm. The value of the acquisition, announced was not disclosed. Josh Hartman, vice president and general...
by Sebastian | Aug 20, 2021 | News
Putman Investments, a Canadian-based, family-owned company, confirms its intention to purchase Toys’R’Us and Babies’R’Us Canada, Canada’s national toys, games and baby specialist, from certain affiliates of Fairfax Financial Holdings....