Private-equity firm Clearlake Capital is buying Zywave from Aurora Capital Partners, the latest sale of an insurance technology company. The deal is valued at $800 to $900 million, people familiar with the transaction said. Zywave’s management is investing in the...
Blackstone Group said it is investing an initial $250m in ClearGen, a new portfolio company that will finance and own distributed sustainable energy infrastructure assets focused on commercial, industrial and institutional customers. The private equity giant, through...
Riverstone Holdings LLC, one of the oil and gas sector’s largest private equity investors, is planning a blank-check acquisition company that will buy a business in the clean energy industry, people familiar with the matter said on Thursday. The move illustrates how...
SoftBank has agreed to sell US mobile phone distributor Brightstar in its latest asset disposal, effectively ending the Japanese conglomerate’s status as a significant telecoms operator. The disposal of Brightstar would cement SoftBank’s transition into a global...
Private equity giant Blackstone and holding company Fairfax Financial Holdings Limited have invested $500m into an algorithm-driven insurance syndicate at centuries-old Lloyd’s of London. The investment will boost the insurance marketplace’s plans to modernise with...
