Kennet Partners, a European technology growth equity investor, has agreed to sell its stake in Dext (formerly ReceiptBank), a digital, multi-product platform for accountants and bookkeepers, to Hg, a leading global software and services investor. The sale will provide...
KKR & Co. is nearing a deal to acquire a minority stake in MetroNet that values the provider of fiber-optic internet, phone and television services at almost $3 billion including debt, according to people with knowledge of the matter. A transaction could be...
United States-based private equity firm Luminate Capital Partners is set to acquire a controlling stake in Axonify for $250 million. A spokesperson for Axonify confirmed the controlling stake and size of the investment to BetaKit, adding that it gives the startup a...
Booming non-bank lender and credit manager LaTrobe Financial will consider a trade sale or IPO that could value that business at more than $2 billion, as investor interest in the non-bank sector surges. US investment giant Blackstone owns 80 per cent of LaTrobe, with...
Australian Clinical Labs, a pathology provider owned by domestic private equity firm Crescent Capital Partners, is seeking to raise $315 million in an initial public offering next week, according to a memo seen by Reuters. The company and its advisors, Merrill Lynch... 