Exeter Finance is changing hands from one investment firm to another that already has a robust automotive portfolio. The finance company that specializes in the subprime market announced on Monday that it has entered into a definitive agreement to be acquired by an...
The structure was arranged by private-equity fund TDR Capital in 2017 when management decided to buy a local drinking fountain across the street. Today, TDR uses an equally complex model for the largest transactions ever. The £ 6.8bn debt acquisition of supermarket...
Payments provider Payoneer went public on the Nasdaq stock exchange on Monday after it closed a merger with a blank-check firm backed by fintech entrepreneur Betsy Cohen. Payoneer shares, trading under the ticker symbol “PAYO.O,” rose slightly in early trading. The...
Blackstone have entered into a definitive agreement to make a significant equity investment in Simpli.fi, a leader in programmatic advertising and agency management software. The investment, values the company at approximately $1.5bn. Blackstone will join existing...
QAD Inc said on Monday private equity firm Thoma Bravo will buy the enterprise software maker for about $2bn. As part of the deal, QAD shareholders will get $87.50 per share in cash, a premium of about 20% to the company’s last close. Thoma Bravo is one the largest... 