Start-Ups Are Being Bought Up by Private Equity

Start-Ups Are Being Bought Up by Private Equity

Start-up founders and shareholders used to hope for a flashy exit in the public markets. They’re increasingly being swallowed by private equity instead, according to PitchBook. Flush with cash, private equity funds are snapping up venture-capital-backed start-ups. The...
Omers’ private equity head Redman steps down

Omers’ private equity head Redman steps down

Mark Redman, who has been global head of private equity since 2015, made a personal decision to leave the organisation Omers Private Equity, the buyout arm of one of Canada’s largest defined benefit pension plans, has appointed Michael Graham as its new head....
BlackRock Buyout Fund’s First European Target Is a Perfume Maker

BlackRock Buyout Fund’s First European Target Is a Perfume Maker

BlackRock Inc.’s private equity vehicle agreed to buy Creed, a family-owned luxury fragrance maker, in its first European acquisition. BlackRock’s Long Term Private Capital is acquiring a majority of the centuries-old perfume company from Olivier Creed for an...
Univision sells majority stake to private equity firm

Univision sells majority stake to private equity firm

Univision has sold a majority stake to a group of investors, ending the Spanish-language broadcaster’s protracted and flailing sales process. The TV company known for dramas like “La Reina Soy Yo” has agreed to sell a 64 percent stake to a group of investors including...