by Sebastian | May 12, 2021 | News
Vinted has announced that it has closed an all-equity round of $303m funding led by EQT Growth, that values the company at $4.5bn post-money. The circular economy — where consumers themselves are both the suppliers and buyers of goods and services — has come into its...
by Sebastian | May 12, 2021 | News
Deerpath Capital Management, a firm that makes loans to smaller companies, has closed its fifth fund at $1.1bn. The firm primarily lends to private equity-backed lower middle-market companies. The vehicle, Deerpath Capital V LP, exceeded the firm’s initial target and...
by Sebastian | May 12, 2021 | News
South Korean private equity firm Centroid Investment Partners has acquired US sports equipment manufacturing firm TaylorMade Golf Co. for $1.7bn, marking the largest-ever acquisition in the golf goods industry. The cross-border transaction became the six-year-old PE...
by Sebastian | May 12, 2021 | News
France’s Orange is reviewing a possible acquisition of its Brookfield-backed former unit TDF, a telecoms infrastructure operator, L’Express magazine reported on Tuesday. Orange, the leading telecoms operator in France, sold TDF almost 20 years ago to...
by Sebastian | May 12, 2021 | News
Permira is targeting more than $15bn for a new private equity fund less than two years after raising its last flagship investment vehicle, according to people familiar with the matter. The buyout firm is in the early stages of speaking with investors about the...
by Sebastian | May 12, 2021 | News
Private equity firm Clayton, Dubilier & Rice has agreed to buy London-listed UDG Healthcare for $3.7bn, the pharmaceuticals services company said on Wednesday. CD&R will pay about $14.46 in cash per share in UDG, a premium of 21.5% on Tuesday’s close. UDG,...