by Sebastian | Mar 11, 2021 | News
Six Nations Rugby has secured a £365m investment after agreeing to sell 14.3 per cent of its share to private equity firm CVC. CVC Capital Partners has now invested more than £700m into professional rugby, with its latest move adding to previous funds in the Gallagher...
by Sebastian | Mar 11, 2021 | News
U.S. private equity firm KKR & Co and its partners have revived plans to list non-bank lender Latitude Financial this year at a valuation of over $2.32 billion, after two failed attempts in the last three years, a source told Reuters. The owners, who also includes...
by Sebastian | Mar 11, 2021 | News
Private equity has become a well-established path to liquidity for VC-backed startups, but a rebound in IPO activity and the rise of SPACs could mean more competition for deals. PE buyouts have gone from representing 9.7% of global VC exits in 2010 to 16.4% in 2020,...
by Sebastian | Mar 10, 2021 | News
Private equity firm L Catterton’s investment in Norwegian Cruise Line Holdings Ltd. has paid off with a $600 million gain in less than one year, amounting to returns of more than 150%. The cruise ship operator said it has agreed to pay $1.03 billion to buy back bonds...
by Sebastian | Mar 10, 2021 | News
Vector Acquisition II, the second blank check company formed by Vector Capital targeting the tech industry, raised $450 million by offering 45 million shares at $10. The company offered 5 million more shares than anticipated. Vector Acquisition II removed warrants...
by Sebastian | Mar 10, 2021 | News
One Rock Capital Partners has successfully closed its third flagship private equity fund at its hard cap, with total capital commitments of $2.0 billion. The fund marks One Rock’s largest fund to date, having surpassed its target of $1.5 billion. Formed in 2010 by...
