Three InterPrivate-backed SPACs aim to raise $650 mln in IPOs

Three InterPrivate-backed SPACs aim to raise $650 mln in IPOs

Three blank-check firms, backed by private equity firm InterPrivate, are looking to raise as much as $650 million in their initial public offerings, regulatory filings showed on Wednesday. InterPrivate II Acquisition Corp, InterPrivate III Financial Partners Inc and...
Novacap raises record $1.9bn for TMT VI

Novacap raises record $1.9bn for TMT VI

Canadian private equity firm Novacap has closed Novacap TMT VI (TMT VI) at USD1.865 billion, making it the largest fund raised by the firm to date. The total includes significant commitments from Novacap’s partners and employees as well as from the Novacap...
Origin Materials to go public via $1.8 bln SPAC merger

Origin Materials to go public via $1.8 bln SPAC merger

Carbon-negative products maker Origin Materials said on Wednesday it has agreed to go public through a merger with blank-check firm Artius Acquisition Inc, in a deal that values the equity of the combined entity at $1.8 billion. The deal will provide Origin with gross...
Sinch acquires Inteliquent for $1.14B to take on Twilio in the US

Sinch acquires Inteliquent for $1.14B to take on Twilio in the US

After raising $690 million from SoftBank in December to make acquisitions, the Sweden-based cloud communications company Sinch has followed through on its strategy in that department. Today the company announced that it is acquiring Inteliquent, an interconnection...
Buyout firm KKR to acquire industrial firm Flow Control Group

Buyout firm KKR to acquire industrial firm Flow Control Group

KKR & Co Inc said on Wednesday it has agreed to acquire industrial firm Flow Control Group from private equity firm Bertram Capital. Terms of the deal were not disclosed, but a person familiar with the matter said the deal values Flow Control at more than $1...