by Sebastian | Oct 14, 2020 | News
The sale of Allworth Financial is heating up with a winning bidder expected soon, according to four banking and private-equity executives. The auction has narrowed to three private equity firms; final bids were due last week, Oct. 6, two of the sources said. Raymond...
by Sebastian | Oct 13, 2020 | News
Long Ridge Equity Partners, a leading sector-focused private equity firm, today announced the final closing of Long Ridge Equity Partners III. The oversubscribed fund closed at its hard cap of $400 million of Limited Partner commitments plus an additional $45 million...
by Sebastian | Oct 13, 2020 | FPEC, News
Private equity firm Ardian said on Tuesday it acquired a 50% stake in specialty chemicals maker ANGUS Chemical Company from Golden Gate Capital for a total enterprise value of about $2.25 billion San Francisco-based Golden Gate Capital bought ANGUS from The Dow...
by Sebastian | Oct 13, 2020 | News, NPCD
Japan’s SoftBank Group has taken a 9.7% stake in educational gaming company Kahoot by investing 1.98 billion Norwegian crowns ($216 million) in new equity, the Norwegian company said on Tuesday. Kahoot’s online platform of games-based learning and entertainment...
by Sebastian | Oct 13, 2020 | News
Saudi Aramco is in talks with BlackRock and other investors on a planned deal worth over $10 billion to sell a stake in its pipeline business, sources said. The deal, internally dubbed “Project Seek”, is still in its initial phase and there is no formal decision on...
