by Sebastian | Mar 22, 2021 | News, UKPEC
Bain Capital has invested $200 million in Chinese tech startup Newlink Group, the private equity firm said on Monday, bringing the company’s total fundraising to $300 million this year. Newlink was founded in 2016 and helps drivers in China to find gas stations and...
by Sebastian | Mar 22, 2021 | News
The Riverside Company, a global private equity firm focused on the smaller end of the middle market, has completed fundraising for its Riverside Europe Fund VI. The firm’s latest buyout vehicle closed on EUR465 million of capital commitments, nearly 40 per cent more...
by Sebastian | Mar 22, 2021 | News
Israeli advertising technology firm ironSource said on Sunday it has agreed to go public through a merger with a blank-check company backed by U.S. private equity firm Thoma Bravo, valuing the business at $11.1 billion. The deal with Thoma Bravo Advantage, a special...
by Sebastian | Mar 22, 2021 | News
Blackstone Group Inc proposed a buyout of Australia’s Crown Resorts Ltd in a deal valuing the casino operator at $6.2 billion, a markdown from the troubled company’s value a year ago but a possible reprieve from regulatory pressure. Crown shares leapt more...
by Sebastian | Mar 21, 2021 | News
PE-giant Blackstone Group Inc. raised a gobsmacking US$ 4.5 billion for its inaugural growth equity fund – Blackstone Growth (BXG). Blackstone is known for its buyout strategies with regard to private equity. Blackstone said the growth equity fund was oversubscribed....
