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  • News & Insights
PE-backed Payment giant Klarna has tripled its valuation to $31 billion, now Europe’s most valuable private startup

PE-backed Payment giant Klarna has tripled its valuation to $31 billion, now Europe’s most valuable private startup

by Sebastian | Mar 1, 2021 | News

Klarna, the Swedish buy now, pay later behemoth and upstart bank, has raised $1 billion in new funding at a post-money valuation of $31 billion. That sees the company retain the crown as the highest-valued private fintech in Europe. Backers of this round are said to...
Kingswood SPAC and Apollo among suitors for Blackstone’s Lombard

Kingswood SPAC and Apollo among suitors for Blackstone’s Lombard

by Sebastian | Mar 1, 2021 | News

A so-called ‘blank cheque’ company set up by a group of financiers is weighing a merger with Lombard International, one of the largest UK-based wealth management groups. Sky News has learnt that Kingswood Acquisition Corp, which listed in New York late last year, is...
PE Firms Are Feasting on China’s $5.5 Billion Logistics M&A

PE Firms Are Feasting on China’s $5.5 Billion Logistics M&A

by Sebastian | Mar 1, 2021 | News

Deals targeting logistics companies in China have delivered the best start to the year on record, generating bumper profits for private equity firms. About $5.5 billion worth of acquisitions of Chinese logistics firms have been announced so far this year, the...
SoftBank-Backed Loggi Valued Near $2 Billion in Funding Round

SoftBank-Backed Loggi Valued Near $2 Billion in Funding Round

by Sebastian | Mar 1, 2021 | News

Brazilian delivery startup Loggi Tecnologia Ltda, which is backed by SoftBank Group Corp. and Microsoft Corp., raised 1.15 billion reais ($205 million) in its latest funding round that now values the company at close to $2 billion. The new round, the company’s largest...
Monroe Capital sponsors third SPAC – MCAP Acquisition Corporation

Monroe Capital sponsors third SPAC – MCAP Acquisition Corporation

by Sebastian | Mar 1, 2021 | News

Monroe Capital has sponsored MCAP Acquisition Corporation, a special purpose acquisition company (SPAC). This is the third SPAC Monroe has participated as a sponsor investor. In 2018, Monroe co-sponsored Thunder Bridge Acquisition, Lt. and supported its successful...
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