Pandemic Slowed Private-Equity Fund Closings in First Half

Pandemic Slowed Private-Equity Fund Closings in First Half

Globally, 552 private equity funds reached their final close in the first half of the year, 31% fewer than in the same period last year. Private equity firms are finding it harder to close new funds in the time of social distancing and Zoom meetings. The number of new...
Roper Technologies in $5.5 billion bid for Vertafore

Roper Technologies in $5.5 billion bid for Vertafore

Roper Technologies Inc (ROP.N), a U.S. provider of software to several industries, is in talks to acquire private equity-owned insurance software vendor Vertafore Inc for close to $5.5 billion (4.2 billion pounds), people familiar with the matter said on Sunday. The...
Megadeals lead M&A revival as big companies bulk up

Megadeals lead M&A revival as big companies bulk up

A series of blockbuster deals has led a resurgence in merger and acquisition activity since the start of July, with companies rushing to prepare themselves for the recession and dusting off deals that were shelved because of the pandemic. Eight deals of more than $10...