Clarks agrees £100m private equity deal

Clarks agrees £100m private equity deal

British shoe brand Clarks has agreed to sell a majority stake to a Hong-Kong based private equity company in a £100m deal, as the group’s founding family cedes control for the first time in its 195-year-old history. C&J Clark, the company behind the brand, on...
Tech start-ups drop stay-private mantra as IPOs beckon

Tech start-ups drop stay-private mantra as IPOs beckon

Frothy public markets have been chipping away at the long-held view that venture-backed tech companies should stay private as long as possible. Over the past decade, many tech entrepreneurs couldn’t be bothered to go public, a step accompanied by extra cost,...
Warburg Pincus invests in Sweeping Corp of America

Warburg Pincus invests in Sweeping Corp of America

Warburg Pincus, a global private equity firm focused on growth investing, has entered into an agreement to acquire Sweeping Corp of America (SCA) from Soundcore Capital Partners. Financial terms of the transaction have not been disclosed.  The investment will allow...