by Sebastian | May 14, 2021 | News
CivicPlus LLC, a provider of websites and other technology to local governments, has received a $290m cash infusion from technology investor Insight Partners. The $290m investment marks an exit for BV Investment Partners, a CivicPlus backer since 2019. The Manhattan...
by Sebastian | May 14, 2021 | News
Mexican retailer Grupo Comercial Chedraui SA agreed to buy grocer Smart & Final Stores LLC for more than $600m, people familiar with the matter said, expanding its presence in a U.S. supermarket business that boomed during the coronavirus pandemic. Private-equity...
by Sebastian | May 14, 2021 | News
At Private Equity Insights we have gathered this week’s biggest news in the private equity and venture capital markets. 1. BlackRock Launches Pension Scheme Private Debt Fund at First Close of $940m BlackRock launches Private Debt Fund for Pension Schemes at $940m,...
by Sebastian | May 14, 2021 | News
UK-based Cinven said on Friday alternative asset and corporate services firm Sanne Group had rejected its $1.90bn buyout offer, and the private equity firm was considering all options. Cinven, which made a proposal of 830 pence per share to Sanne earlier this month,...
by Sebastian | May 14, 2021 | News
British consumer goods company Reckitt Benckiser Group has shortlisted bidders including Bain Capital, Carlyle Group and dairy producer Yili to submit binding offers for its Greater China infant formula business, sources said. The group has hired Morgan Stanley to run...