Secondary market likely to be aided by GP-led deals

Secondary market likely to be aided by GP-led deals

Alternative investment general partner-led secondary market transactions are expected to increase in 2021, giving managers additional exit options and relieving the pressure of selling companies during the COVID-19 pandemic. GP-led transactions involving single assets...
Triton Partners sells DSI Underground to Sandvik for €943m

Triton Partners sells DSI Underground to Sandvik for €943m

Sandvik has agreed to buy DSI Underground from Triton for €943 million. DSI is a €500 million revenue business that provides ground support and reinforcement technology for underground mines and tunnels. DSI, which will become part of Sandvik’s Mining and Rock...
3 of the Top Performing SPACs in 2020

3 of the Top Performing SPACs in 2020

A lot happened in 2020, to say the least. But it was also the year of the special purpose acquisition company (or SPAC), also known as a “blank check company.” These are holding companies that go public with essentially no business attached. Their sole...
Chinese online tutor Zuoyebang raises more than $1.6 bln

Chinese online tutor Zuoyebang raises more than $1.6 bln

Chinese online tutor Zuoyebang has raised more than $1.6 billion in a new funding round from investors including Alibaba Group and SoftBank’s Vision Fund, the company said on Monday. Existing investors Tiger Global, Sequoia Capital China and FountainVest Partners have...