A group of lenders to British cab operator Addison Lee agreed to a rescue package that will hand them control of the troubled firm, according to a person familiar with the situation. Creditors will provide 45 million pounds ($59 million) of fresh funds and refinance...
Online mattress retailer Casper Sleep Inc. plans to raise as much as $159 million in its initial public offering, setting up a test of investor appetite for pioneering firms whose losses have grown with their revenue. The New York-based company said in a filing Monday...
Further Global and Stone Point Capital to acquire professional services group Permira is to sell Duff & Phelps, the professional services group it acquired only two years ago, to two private equity firms in a $4.2bn deal. Buyout groups Further Global — which was...
Softbank-backed (9984.T) Fortress Investment Group has raised its offer for Unizo Holdings Co (3258.T) by 27% to 5,200 yen per share after Blackstone Group (BX.N) sweetened its offer as the bidding war for the Japanese hotel operator heats up. U.S. private equity firm...
Private equity accounted for a massive 80 percent of all data center acquisitions that closed in 2019, driving data center M&A to new heights. Private equity firms are taking over the data center market, accounting for approximately 80 percent of all data center... 