CD&R could pull in $14bn for new buyout fund

CD&R could pull in $14bn for new buyout fund

Clayton Dubilier & Rice could collect about $14bn for its largest buyout fund to date, surpassing its fundraising goal, according to people familiar with the matter. While the firm has reached its $13bn target for its 11th flagship fund, it is still raising money...
Livingbridge sells UK’s Ten10 to Graphite Capital

Livingbridge sells UK’s Ten10 to Graphite Capital

Mid-market private equity firm Livingbridge has agreed to sell Ten10, a UK a quality engineering and software testing services provider, to Graphite Capital. The firms declined to provide financial details of the deal. Ten10 helps about 100 customers in the financial,...
Vista-Backed Datto Raises $594 Million in IPO

Vista-Backed Datto Raises $594 Million in IPO

Datto Holding Corp., a developer of cloud-based data backup software, raised $594 million in an initial public offering priced at the top end of a marketed range. The company sold 22 million shares on Tuesday for $27 each, according to a statement. Datto had marketed...
VW gauges interest in Ducati brand as a prelude to potential sale

VW gauges interest in Ducati brand as a prelude to potential sale

Volkswagen Group is hosting preliminary talks with potential bidders for its Ducati brand to gauge potential interest in the motorcycle maker ahead of a November planning round, three people familiar with the matter told Reuters. During the five-year planning round,...