by Sebastian | Apr 23, 2021 | News
UK-listed bus operator FirstGroup has agreed to sell its US bus operations to EQT’s infrastructure fund in about a $4.6 bln deal that will pass the operation of tens of thousands of yellow school buses to the Swedish private equity group. The sale of First Student and...
by Sebastian | Apr 23, 2021 | News
Global private equity firm Bain Capital has closed its maiden Japan-focused fund, which will target mid-sized companies, at $1 billion, a person with direct knowledge told Reuters on Friday. Bain, as manager of the fund, committed around $92 million to the total...
by Sebastian | Apr 22, 2021 | News
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...
by Sebastian | Apr 22, 2021 | News
Deep Instinct, the first company to apply end-to-end deep learning, based on the only purpose-built deep learning framework for cybersecurity, has raised $100 million in Series D funding. The Deep Instinct platform can predict, prevent, and analyse cyberattacks at any...
by Sebastian | Apr 22, 2021 | News
Endeavour Vision has closed Endeavour Medtech Growth II at $375 million in capital commitments. The fund will pursue the same strategy as its predecessor: to support growth-stage medtech and digital health innovations that advance the standard of care and bring...
by Sebastian | Apr 22, 2021 | News
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. ,...