Blackstone said its second quarter distributable earnings nearly doubled year on year driven by a surge in asset sales across its real estate, private equity, credit and insurance businesses. Distributable earnings, which represents the cash used to pay dividends to...
Thoma Bravo-owned Sophos has announced it’s acquiring Braintrace, a cybersecurity startup that provides organizations visibility into suspicious network traffic patterns. Terms of the deal were not disclosed. Braintrace, which was founded in 2016 and has raised $10m...
Baring Private Equity Asia has shortlisted bidders including Bain Capital and French company Teleperformance SE for its India portfolio firm Hexaware Technologies in a deal that could fetch nearly $3bn. Also in the race are private equity firms KKR and The Carlyle...
Five Elms Capital, a leading global growth private equity firm 100% focused on investing in world class B2B software, today announced the closing of Five Elms V with $780m in capital commitments. Five Elms V will target equity investments between $5m and $75m. The new...
KKR is to acquire Teaching Strategies, a provider of curriculum, assessment and family engagement tools to the early childhood education market, from global growth investor Summit Partners. Financial details of the transaction have not been disclosed. Teaching...