by Sebastian | Apr 21, 2021 | News
United States-based private equity firm Luminate Capital Partners is set to acquire a controlling stake in Axonify for $250 million. A spokesperson for Axonify confirmed the controlling stake and size of the investment to BetaKit, adding that it gives the startup a...
by Sebastian | Apr 21, 2021 | News
Booming non-bank lender and credit manager LaTrobe Financial will consider a trade sale or IPO that could value that business at more than $2 billion, as investor interest in the non-bank sector surges. US investment giant Blackstone owns 80 per cent of LaTrobe, with...
by Sebastian | Apr 21, 2021 | News
Australian Clinical Labs, a pathology provider owned by domestic private equity firm Crescent Capital Partners, is seeking to raise $315 million in an initial public offering next week, according to a memo seen by Reuters. The company and its advisors, Merrill Lynch...
by Sebastian | Apr 21, 2021 | News
Bain Capital is looking at formulating a bid to acquire Toshiba Corp, two people familiar with the matter said. The Japanese conglomerate on Tuesday dismissed a $20 billion buyout offer from CVC Capital Partners as lacking substance but said it would consider any...
by Sebastian | Apr 21, 2021 | News
Digital Alpha Advisors (“Digital Alpha”), a leading digital infrastructure investment firm, today announced the closing of Digital Alpha Fund II, L.P., over its initial hard cap with over $1 billion in commitments. The Fund was oversubscribed and continues...
by Sebastian | Apr 21, 2021 | News
Calgary edtech Absorb Software is set to be acquired by New York’s Welsh, Carson, Anderson & Stowe (WCAS), in a deal that is said to value Absorb at over $500 million USD. WCAS has entered into a definitive agreement to purchase the e-learning and performance...
