by Sebastian | Jan 19, 2021 | News
Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform’s initial public offering (IPO), Bloomberg reported Monday, citing anonymous sources. Germany-based Auto1, backed by Japanese billionaire Masayoshi...
by Sebastian | Jan 19, 2021 | News
Here’s more evidence the clean-tech boom is only getting bigger. Breakthrough Energy Ventures, the clean-tech venture capital fund led by Bill Gates, has raised $1 billion for a second round of investments after backing 45 startups with its first billion. Created in...
by Sebastian | Jan 19, 2021 | News
German footwear giant Birkenstock is exploring a sale that could value it at more than 4 billion euros ($4.85 billion) including debt, sources close to the matter told The Financial Times. The company is exploring a sale to Luxembourg-based private equity company CVC,...
by Sebastian | Jan 19, 2021 | News
Private equity firms Carlyle, CVC and KKR are reportedly among the bidders for engine maker Rolls-Royce’s Spanish business, ITP Aero. According to Spain’s El Economista, bidders will be selected this week for the auction, which is valued at around €1.5bn. It cited...
by Sebastian | Jan 19, 2021 | News
Sheridan Capital Partners announced today the closing of its oversubscribed second buyout fund, Sheridan Capital Partners Fund II, at its hard cap of $300 million in Limited Partner commitments, more than double the size of its predecessor. Sheridan is focused on...