UiPath goes public in one of the biggest US software IPOs

UiPath goes public in one of the biggest US software IPOs

The PE-backed robotic process automation company raised $1.3bn after boosting its IPO price range. UiPath, with PE investors including Accel, Coatue, Dragoneer, IVP and Sequoia, had nearly 8,000 customers at the end of January. It competes with UK-based Blue Prism and...
Eldridge-Backed SPAC Scoops Up Ticket Reseller Vivid Seats

Eldridge-Backed SPAC Scoops Up Ticket Reseller Vivid Seats

A blank-check company backed by private investment firm Eldridge Industries LLC is betting that the shows will go on, once disruptions from the coronavirus pandemic fade away. The Eldridge-sponsored special-purpose acquisition company, Horizon Acquisition Corp. ,...