by Sebastian | Aug 9, 2021 | News
Blackstone Group plans to buy Canada’s WPT Industrial REIT for $3.1bn as the private equity giant aims to capitalize on the pandemic’s major shift to e-commerce by acquiring dozens of warehouses and distribution centres. A Blackstone REIT will pay WPT unitholders...
by Sebastian | Aug 9, 2021 | News
Top cannabis-focused website Leafly on Monday agreed to go public by merging with a blank-check firm owned by one of its biggest backers, Merida Capital Holdings, in a deal valuing the combined company at about $532m. Like the rest of the cannabis industry, Leafly has...
by Sebastian | Aug 9, 2021 | News
GoGuardian, an El Segundo-based educational technology company, has raised $200m from a New York-based private equity firm in a deal that values GoGuardian at well over $1bn. The investment from Tiger Global Management will help accelerate GoGuardian’s mission to...
by Sebastian | Aug 9, 2021 | News
Turkish e-commerce firm Trendyol, backed by Chinese internet giant Alibaba, said on Monday it had entered into agreements to raise $1.5bn from a number of high-profile investors, valuing the company at $16.5bn. The round was co-led by General Atlantic, SoftBank Vision...
by Sebastian | Aug 9, 2021 | News, SEAPEC
Global private equity firm Advent International is seeking $3bn for its second technology-focused fund, less than two years after collecting $2bn for its debut tech offering, according to people familiar with the fundraising efforts. Advent’s technology funds make...
