by Sebastian | Jan 29, 2021 | News
A blank check company backed by private equity firm TPG said on Friday it will take Nerdy Inc public through a merger, in a deal valuing the online learning platform at $1.7 billion. The deal, expected to close in early second quarter, will fetch Nerdy $750 million in...
by Sebastian | Jan 29, 2021 | News
Thomson Reuters today announced that it and private equity funds affiliated with Blackstone have closed the sale of Refinitiv to London Stock Exchange Group plc (LSEG) in an all-share transaction. Refinitiv is Thomson Reuters former Financial & Risk business, a...
by Sebastian | Jan 29, 2021 | News
A US private equity investment firm has submitted a takeover bid for pubs and brewing giant Marston’s. The listed company said the move was an “unsolicited non-binding proposal” from Platinum Equity Advisors and regards a possible cash offer for the...
by Sebastian | Jan 29, 2021 | News
Private equity firm Veritas Capital agreed to purchase IT services company Perspecta (PRSP) in an all-cash deal valued at $7.1 billion. Perspecta shareholders will receive $29.35 per share in cash for each of their shares, representing a premium of nearly 50% over the...
by Sebastian | Jan 29, 2021 | News
OwnBackup, a leading cloud data protection platform, today announced a Series D investment of $167.5 million co-led by Insight Partners, Salesforce Ventures, and Sapphire Ventures, with participation from existing investors Innovation Endeavors, Vertex Ventures,...
