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  • News & Insights
KKR-backed AppLovin raises $2 billion in U.S. IPO at $28.64 billion valuation

KKR-backed AppLovin raises $2 billion in U.S. IPO at $28.64 billion valuation

by Sebastian | Apr 15, 2021 | News

Mobile app and gaming company AppLovin Corp said on Thursday it priced its initial public offering at $80 per share, the mid-point of its previously set range, placing the company’s valuation at $28.64 billion. At this price, AppLovin, backed by private equity giant...
Brightstar Capital Partners Closes Fund II at $1.27 Billion Hard Cap

Brightstar Capital Partners Closes Fund II at $1.27 Billion Hard Cap

by Sebastian | Apr 15, 2021 | News

Brightstar Capital Partners, a private equity firm focused on partnering with families, founders, entrepreneurs, and management teams, announced today that it has successfully closed its second flagship fund at its hard cap, with total commitments of approximately...
Apollo in talks to sell Slovenian bank Nova to Hungary’s OTP for $1.2 billion

Apollo in talks to sell Slovenian bank Nova to Hungary’s OTP for $1.2 billion

by Sebastian | Apr 15, 2021 | News

Hungary’s biggest lender OTP is in talks to buy Slovenian bank Nova KBM from private equity group Apollo in a deal worth roughly $1.2 billion, people close to the matter said. OTP has sought to expand its footprint in the Balkans in recent years. It has bought large...
General Atlantic-backed banking software firm Alkami valued at more than $3 billion in IPO

General Atlantic-backed banking software firm Alkami valued at more than $3 billion in IPO

by Sebastian | Apr 15, 2021 | News

Shares of Alkami Technology Inc surged 38% in their U.S. stock market debut on Wednesday, giving the U.S. banking software provider a market capitalization of $3.43 billion. Shares opened at $41.26, well above their initial public offering price (IPO) of $30. The...
KKR, Abu Dhabi Fund Back $772 Million Logos Development Venture In Australia

KKR, Abu Dhabi Fund Back $772 Million Logos Development Venture In Australia

by Sebastian | Apr 15, 2021 | News

Logistics specialist Logos is getting some heavyweight backing for a new development venture in Australia, as the firm announced today that it has partnered with KKR and Abu Dhabi’s Mubadala Investment Company to take on a development project in Queensland state as an...
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