Private Equity Firm STG to buy Avid Technology for $1.4bn

Private Equity Firm STG to buy Avid Technology for $1.4bn

Private equity firm Symphony Technology Group on Wednesday agreed to buy media editing software maker Avid Technology Inc for about $1.4bn, including debt. As part of the deal, Avid shareholders will receive $27.05 per share in cash, the company said in a statement,...
TPG Targeting $4bn for Sixth Growth Equity Fund

TPG Targeting $4bn for Sixth Growth Equity Fund

TPG is looking to raise $4bn in capital commitments for its latest growth equity fund to tap into a “fresh crop of opportunities”, according to a report by Buyouts Insider, quoting the firm’s Chief Financial Officer Jack Weingart. Speaking in a...