by Sebastian | Jun 28, 2021 | News
The structure was arranged by private-equity fund TDR Capital in 2017 when management decided to buy a local drinking fountain across the street. Today, TDR uses an equally complex model for the largest transactions ever. The £ 6.8bn debt acquisition of supermarket...
by Sebastian | Jun 28, 2021 | News
Payments provider Payoneer went public on the Nasdaq stock exchange on Monday after it closed a merger with a blank-check firm backed by fintech entrepreneur Betsy Cohen. Payoneer shares, trading under the ticker symbol “PAYO.O,” rose slightly in early trading. The...
by Sebastian | Jun 28, 2021 | News
Blackstone have entered into a definitive agreement to make a significant equity investment in Simpli.fi, a leader in programmatic advertising and agency management software. The investment, values the company at approximately $1.5bn. Blackstone will join existing...
by Sebastian | Jun 28, 2021 | News
QAD Inc said on Monday private equity firm Thoma Bravo will buy the enterprise software maker for about $2bn. As part of the deal, QAD shareholders will get $87.50 per share in cash, a premium of about 20% to the company’s last close. Thoma Bravo is one the largest...
by Sebastian | Jun 28, 2021 | News
Clearlake Capital Group’s merger and acquisition activity has accelerated in recent months as the Covid-19 pandemic has begun to recede in many parts of the country. Founded in 2006, Clearlake’s core target sectors for investment include the industrial, energy and...
by Sebastian | Jun 28, 2021 | News
Health-care technology company RLDatix agreed to buy Allocate Software, the maker of cloud-based medical platforms owned by private equity firms Vista Equity Partners and Hg. It didn’t provide financial terms. The deal is valued at more than $1.3bn, people familiar...
