Hasbro to Sell eOne Music Unit to Blackstone for $385m

Hasbro to Sell eOne Music Unit to Blackstone for $385m

Hasbro Inc. agreed to sell its EOne Music business to private equity firm Blackstone Group Inc. for $385m, offloading part of the Entertainment One operations that it acquired in 2019. The cash deal is expected to close in the second or third quarter of this year,...
Falfurrias Capital Targets $800m for Fifth Fund

Falfurrias Capital Targets $800m for Fifth Fund

Falfurrias Capital Partners is pitching its fifth fund to investors with an $800m target, according to people familiar with the fundraising. If the firm reaches that goal, the fund would be 60% bigger than its predecessor Falfurrias Capital Partners IV LP, which had...
Bain Capital Private Equity Buys Dessert Holdings

Bain Capital Private Equity Buys Dessert Holdings

Bain Capital Private Equity has entered into a definitive agreement to acquire Dessert Holdings, a North American premium dessert company. Dessert Holdings will continue to operate under its current management team, led by chief executive officer Paul Lapadat....
NB Partners Fund III closes at $500m hard cap

NB Partners Fund III closes at $500m hard cap

Boston-based NorthBridge Partners and New York-based Park Madison Partners have announced the final close of NB Partners Fund III, LP, which was oversubscribed at its $500 million hard cap. Investors in the fund included a mix of public and private pensions,...
Brex Raised $425m at a $7.4bn Valuation Led by Tiger Global

Brex Raised $425m at a $7.4bn Valuation Led by Tiger Global

Mere weeks after rival corporate spend startup Ramp announced that it raised a two-part round worth $115m at a $1.6bn valuation, this morning Brex disclosed a $425m funding led by Tiger Global. The new capital marks Brex’s largest fundraise to date, and was compiled...