Apax-backed ThoughtWorks gets $720m investment

Apax-backed ThoughtWorks gets $720m investment

Software consulting firm ThoughtWorks said it received a $720m investment at an enterprise value of $4.6bn from four new investors, including a pair of sovereign wealth funds. In addition to Singapore’s GIC Private and Abu Dhabi’s Mubadala Investment, the new...
IPO Values Thoma Bravo SPAC At $900mn

IPO Values Thoma Bravo SPAC At $900mn

Thoma Bravo, a private equity firm focused on the software and technology-enabled services sectors, has completed its IPO for Thoma Bravo Advantage, a special purpose acquisition company (SPAC) that has been valued at $900mn. The shares will be listed on the New York...
Blackstone set for £900m bet on Butlins

Blackstone set for £900m bet on Butlins

US private equity firm Blackstone is closing in on a stake in the owner of Butlin’s holiday resorts as it looks to cash in on higher demand for staycations after the pandemic. The investment giant is in advanced talks with Bourne Leisure over acquiring a significant...