by Sebastian | May 10, 2021 | News
Plus said on Monday it would go public through a merger with blank-check company Hennessy Capital Investment Corp. V in a deal that values the self-driving truck technology startup at $3.3bn. The combined company will get proceeds of $500m from the deal, including a...
by Sebastian | May 10, 2021 | News
Growth capital investor, BGF has announced a successful exit from Telford-headquartered ReBOUND, a technology platform which supports retailers — such as ASOS, Gymshark, Missguided, JD Sports and Sweaty Betty — to manage their returns sustainably. BGF backed ReBOUND...
by Sebastian | May 10, 2021 | News
Bain Capital has fought off other private equity bidders to acquire Dublin-based Valeo Foods from CapVest in a deal worth more than $2bn. Boston-based Bain, which was co-founded by former US presidential candidate Mitt Romney, won out over PAI Partners and Cinven in...
by Sebastian | May 10, 2021 | News
Ontario Teachers’ Pension Plan Board has announced that it has entered into a definitive agreement with TPG, a global alternative asset firm, to acquire a 100 percent interest in Evoltz Participações S.A., a leading electricity transmission platform in Brazil....
by Sebastian | May 10, 2021 | News
Under a proposed deal to merge with blank-check company 7GC & Co Holdings Inc., Vice would remove one of the biggest obstacles it has faced, onerous financial obligations to private-equity investor TPG, people familiar with the matter said. The proposed...
by Sebastian | May 10, 2021 | News
Australian casino operator Star Entertainment Group on Monday proposed an all-stock buyout of larger rival Crown Resorts Ltd that it valued at $7bn, vying with two private equity giants for control of the troubled target. No. 2 casino player Star said it was proposing...