by Sebastian | Mar 8, 2021 | News
In 2019, Virgin Galactic took the first small step for a space company—and a giant leap for global finance. It became a publicly traded company through a merger with a special purpose acquisition company, or SPAC. The transaction kicked off a trend, with risky private...
by Sebastian | Mar 8, 2021 | News
H.I.G. Bayside Capital, the distressed debt and special situation affiliate of H.I.G. Capital, a leading global alternative asset management firm with over $43 billion of equity capital under management, is pleased to announce the final closing of H.I.G. Bayside Loan...
by Sebastian | Mar 8, 2021 | News
Private equity group TPG is in exclusive talks with supercar maker McLaren over the purchase of the firm’s iconic Woking headquarters. Sky News reported that the sale-and-leaseback deal for the property, which would allow the carmaker to continue using it, could be...
by Sebastian | Mar 8, 2021 | News
Private equity firm Apollo Global Management said on Monday it had agreed to buy Athene Holding in an all-stock deal valuing the retirement services company at about $11 billion. Under the terms of the deal, each outstanding class A common share of Athene will be...
by Sebastian | Mar 8, 2021 | News
Quantum computing company IonQ Inc said on Monday it will go public through a merger with a blank-check firm in a deal that gives the combined company a pro-forma market capitalisation of $2 billion. The merger will provide IonQ with gross proceeds of $650 million,...
by Sebastian | Mar 8, 2021 | News
Sportradar is going public in a deal with blank check firm Horizon Acquisition Corp. II that values the sports data company at $10 billion, according to someone familiar with the negotiations. Sportradar and the SPAC led by Los Angeles Dodgers minority owner and...