by Sebastian | Jul 30, 2021 | News
Delivery startup Gopuff said on Friday it raised $1bn from global investors, including Guggenheim Investments and SoftBank Vision Fund 1, valuing the company at around $15bn. The new valuation represents a jump of nearly 69% from $8.9 billion that the company was...
by Sebastian | Jul 29, 2021 | News
Apollo Global Management Inc. booked a $1.6 billion gain for its 2013 buyout fund by selling its majority stake in rural hospital chain LifePoint Health to another Apollo fund. The firm’s eighth flagship fund completed the sale to its ninth last month for $2.6...
by Sebastian | Jul 29, 2021 | News
Weber, backed by BDT Capital Partners, said it plans to sell nearly 46.9 million shares at between $15 and $17 apiece in an initial public offering that could give the grill maker a market capitalization of around $5bn. At the $16 midpoint of the expected price range,...
by Sebastian | Jul 29, 2021 | News
Vacation rental management company Vacasa said on Thursday it plans to list on the Nasdaq through a merger with a blank-check firm backed by private equity giant TPG, in a deal that gives Vacasa an equity valuation of $4.5bn. The deal with TPG Pace Solutions Corp will...
by Sebastian | Jul 29, 2021 | News
A German sports-betting group owned by one of the world’s largest private equity firms has joined the £1.5bn race to take control of William Hill’s operations in Britain. Sky News has learnt that Tipico, which is majority-owned by CVC Capital Partners, is among a...
by Sebastian | Jul 29, 2021 | News
Blackstone teamed up with other lenders to provide $2.15bn of financing directly to Cambium Learning Group, bypassing banks in one of the biggest such loans that investors have made. Companies have been getting bigger and bigger loans straight from investors without...
