Private equity managers are optimistic about deal-making and exit activity in 2021 and are gearing up to spend unallocated capital after a 2020 second quarter jolt and the subsequent onset of recovery. The second half of 2020 has shown that deal-making will continue,...
Affirm Holdings Inc, founded by PayPal Holdings Inc co-founder Max Levchin, is aiming for a valuation of over $9 billion in its initial public offering, the lending startup said in a filing on Tuesday. Affirm said it plans to price its shares, to be listed on Nasdaq...
U.S. private equity firm Warburg Pincus has invested about $100 million in India’s boAt, the consumer electronics firm said on Wednesday. BoAt, known for its budget-friendly bluetooth speakers and wireless earbuds, was last valued at nearly $283 million after a $59.6...
US telecoms group ATN International has beat private equity investors to buy Alaska Communications. Massachusetts-based ATN put in an all-cash agreed bid of US$332 million for the company, beating a previous offer from Macquarie Capital and GCM Grosvenor, worth just...
U.S. parking management software maker FlashParking Inc said on Tuesday it would merge with Arrive Inc, an online platform that allows drivers to find and book parking spaces. The COVID-19 pandemic has spurred demand for fully digitized and touchless alternatives to...
