by Sebastian | Nov 20, 2020 | ITPEC, News, NPCD
Just over a decade ago, processing electronic payments was largely regarded as a dull back-office function, including by the banks that did it. A deal this week to create one of Europe’s largest payments companies is a reminder of a group that took a very different...
by Sebastian | Nov 20, 2020 | News
Convex Group Limited has secured US $1 billion in new capital led by Onex Corporation (TSX: ONEX) and Onex Partners V, and GIC. Founded by Stephen Catlin and Paul Brand, London, UK based Convex is a specialty insurer and reinsurer focused on complex risks that...
by Sebastian | Nov 19, 2020 | News
Cyber-security company FireEye Inc said on Thursday it will receive a $400 million strategic investment from private equity firm Blackstone and venture capital firm ClearSky. Blackstone and ClearSky will purchase $400 million of FireEye’s convertible preferred stock,...
by Sebastian | Nov 19, 2020 | ITPEC, News
Italy’s top-flight Serie A soccer league moved closer to selling a stake in its media business to boost virus-hit revenues when it agreed on Thursday to accept a 1.7 billion euro ($2 billion) offer from a private equity consortium. At a meeting in Rome, all 20 clubs...
by Sebastian | Nov 19, 2020 | News
A Seattle-based private-equity firm has closed its inaugural fund to invest in industrial technology companies. Pike Street Capital closed on $237 million for its debut vehicle, exceeding its original $200 million target. The firm already has backed three companies...
