Bain Capital Private Equity Buys Dessert Holdings

Bain Capital Private Equity Buys Dessert Holdings

Bain Capital Private Equity has entered into a definitive agreement to acquire Dessert Holdings, a North American premium dessert company. Dessert Holdings will continue to operate under its current management team, led by chief executive officer Paul Lapadat....
NB Partners Fund III closes at $500m hard cap

NB Partners Fund III closes at $500m hard cap

Boston-based NorthBridge Partners and New York-based Park Madison Partners have announced the final close of NB Partners Fund III, LP, which was oversubscribed at its $500 million hard cap. Investors in the fund included a mix of public and private pensions,...
Brex Raised $425m at a $7.4bn Valuation Led by Tiger Global

Brex Raised $425m at a $7.4bn Valuation Led by Tiger Global

Mere weeks after rival corporate spend startup Ramp announced that it raised a two-part round worth $115m at a $1.6bn valuation, this morning Brex disclosed a $425m funding led by Tiger Global. The new capital marks Brex’s largest fundraise to date, and was compiled...
Private equity firm Carlyle seeks $22bn for buyout fund

Private equity firm Carlyle seeks $22bn for buyout fund

Carlyle Group Inc is looking to raise $22bn for its eighth flagship private equity fund, Bloomberg News reported on Monday, citing people familiar with the matter. About $2bn would be earmarked for growth and technology-focused companies and will include strategies in...