Intercontinental Exchange, Inc. ICE has acquired Ellie Mae from a leading private equity firm Thoma Bravo for $11 billion in a cash-stock transaction. The acquisition was announced on Aug 6, 2020. Founded in 1997, Ellie Mae was formed with an intention to automate and...
London-based private-equity firm Actis LLP is looking at African energy projects to add to the $1 billion it has already invested in the sector on the continent. “We’re seeing some new opportunities that we’ve not yet approved,” Neil Brown, a partner and head of the...
Private equity firm Warburg Pincus is in advanced talks to invest in Vista Equity Partners-controlled Infoblox Inc. in a deal that values the closely held technology company at more than $3 billion, including debt, according to people familiar with the matter....
Many start-ups are having trouble raising new funding on favourable terms amid the pandemic, according to new data. There was a second-quarter jump in the number of start-ups raising down rounds – funding rounds where the share price has dropped compared with the...
A California bill to control healthcare mergers has stalled in the state legislature, marking the end — for now — of a proposal that drew fierce opposition from hospitals, physicians and private equity groups. California’s two-year legislative session ended last week...
