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  • News & Insights
FireEye to sell products business for $1.2 bln to Symphony-led investor group

FireEye to sell products business for $1.2 bln to Symphony-led investor group

by Sebastian | Jun 3, 2021 | IPEC, News

U.S. cybersecurity firm FireEye said on Wednesday it would sell its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 billion in cash. The deal will separate FireEye’s network, email and...
PE Investors Spend Billions to Gobble Up Laboratory Space

PE Investors Spend Billions to Gobble Up Laboratory Space

by Sebastian | Jun 3, 2021 | IPEC, News

Blackstone, KKR and other investors are betting on laboratory space as vaccines fuel the economic rebound. More than 10 billion dollars has now gone towards buying buildings used for life sciences and other research so far this year and that accounts for about 4...
Portugal’s Resolution Fund to borrow $580m to inject into PE-owned Novo Banco

Portugal’s Resolution Fund to borrow $580m to inject into PE-owned Novo Banco

by Sebastian | Jun 3, 2021 | IPEC, News

Portugal’s Resolution Fund said it had agreed with a banking syndicate to borrow $580m to shore up the capital of lender Novo Banco, which emerged from the ruins of the collapsed Banco Espirito Santo. The loan is politically controversial as Novo Banco is 75% owned by...
FlixMobility raises over USD650m in funding at USD3bn valuation

FlixMobility raises over USD650m in funding at USD3bn valuation

by Sebastian | Jun 2, 2021 | News

FlixMobility, a tech-mobility company for intermodal and sustainable transport, announced more than $650 million in new funding today based on a mix of equity and debt, valuing the business at $3 billion.  The oversubscribed Series G funding round includes new...
SoftBank tech fund in talks to invest in Dubai cloud kitchen Kitopi

SoftBank tech fund in talks to invest in Dubai cloud kitchen Kitopi

by Sebastian | Jun 2, 2021 | News

SoftBank Group Corp is in talks to invest in Dubai “cloud kitchen” Kitopi’s latest funding round through its second technology fund, sources familiar with the matter said. The Japanese company’s Vision Fund 2 has put forward a proposal to lead an investment of about...
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