PAI Weighs Options for $6bn Bottler Refresco

PAI Weighs Options for $6bn Bottler Refresco

PAI Partners is considering options for Refresco, including a possible initial public offering that could value the bottling business at about $6bn. The French buyout firm has been holding preliminary discussions with potential advisers as it studies a U.S. listing of...
Auto insurance provider Hagerty to go public via $3bn SPAC deal

Auto insurance provider Hagerty to go public via $3bn SPAC deal

Hagerty, which insures classic cars, has agreed to go public through a merger with SPAC Aldel Financial in a deal that values it at $3.13bn. The merger with Aldel Financial will provide stock market investors with a way to invest in the fast-growing classic car...
SoftBank-backed DriveWealth raises $450m at nearly $3bn valuation

SoftBank-backed DriveWealth raises $450m at nearly $3bn valuation

SoftBank-backed DriveWealth has raised $450m in fresh capital as part of a late-stage financing round co-led by Insight Partners and Accel, valuing the fintech firm at $2.85bn. The funding round also includes investments from Greyhound Capital, SoftBank Vision Fund,...
Stonepeak Closes $8.1bn Acquisition of Astound Broadband

Stonepeak Closes $8.1bn Acquisition of Astound Broadband

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, closed its previously announced $8.1bn acquisition of Astound Broadband, the sixth largest U.S. cable operator in the United States, operating leading regional providers...