Thoma Bravo Completes Strategic Growth Investment in Venafi

Thoma Bravo Completes Strategic Growth Investment in Venafi

Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sectors, today announced the completion of its strategic growth investment in Venafi, the inventor and leading provider of machine identity management. “We...
World’s Top Cigar Producer Enjoys Boom Amid Covid Lockdowns

World’s Top Cigar Producer Enjoys Boom Amid Covid Lockdowns

Locked-down smokers around the world are proving to be a boon for the Dominican Republic’s cigar and tobacco industry. Already the world’s largest cigar producer, the Caribbean nation is on track to export a record $1 billion worth of tobacco products this year. That...
BlackRock Scales Back Private-Equity Fund Ambitions

BlackRock Scales Back Private-Equity Fund Ambitions

BlackRock planned to shake up the private-equity world with a $12 billion fund. Now the asset-management giant is setting its sights lower. BlackRock’s staffers conceded the target was unrealistic after struggling to meet fundraising goals. The firm’s staffers hope to...
Tech, cross-border activities set to drive Asia M&A next year

Tech, cross-border activities set to drive Asia M&A next year

Coronavirus-spurred growth in the technology sector will help drive M&A activity in the Asia Pacific next year, bankers and lawyers predict, with the potential easing of Sino-U.S. tensions likely to revive Chinese outbound investment. Deals involving Asia Pacific...
Priory rehab clinics sold to PE-firm Waterland for £1.1bn

Priory rehab clinics sold to PE-firm Waterland for £1.1bn

The Priory rehabilitation clinic, favoured by celebrities trying to achieve sobriety or tranquillity, has been sold to a private equity firm for £1.08bn to create one of the world’s largest private mental health services providers. The famous Roehampton clinic in...