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...
Eurazeo sells stake in Farfetch for €90m

Eurazeo sells stake in Farfetch for €90m

Paris-based private equity firm Eurazeo has sold its entire shareholding in the online marketplace company Farfetch. This disposal resulted in net proceeds of €90.4m, corresponding to a multiple of 4.1x cash-on-cash and an internal rate of return (IRR) of around 38%....
Dorsey Keeps Twitter CEO Job on Elliott, Silver Lake Review

Dorsey Keeps Twitter CEO Job on Elliott, Silver Lake Review

A Twitter Inc. board committee reviewing the social network’s leadership and management structure concluded that Chief Executive Officer Jack Dorsey should maintain his role at the helm of the company. The committee was asked to formally review Twitter’s leadership as...