ClarityPay, a consumer finance solutions provider for merchants, secured up to $1bn in capital from Neuberger Berman’s Specialty Finance group. The investment aims to fuel ClarityPay’s expansion and enhance its merchant-first credit solutions. CEO and founder Houman...
Cybersecurity firm SailPoint is preparing to go public again in the US, targeting a valuation of up to $11.5bn in its upcoming IPO. Backed by private equity giant Thoma Bravo, the Austin-based company plans to raise up to $1.05bn by offering 50m shares, priced between...
Balbec Capital closed its latest credit fund, Insolve Global Credit Fund VI, securing over $1.7bn in commitments, making it the firm’s largest fundraising cycle to date. The fund attracted both new and existing investors, including sovereign wealth funds, pension...
Brookfield Asset Management joined Bain Capital and CC Capital in the race to acquire Insignia Financial, Australia’s third-largest superannuation provider, with a bid valuing the firm at AUD3bn ($1.9bn). Insignia confirmed Brookfield’s offer, which matches those...
IK Partners, through its IK Small Cap III Fund, agreed to acquire a majority stake in UK-based environmental compliance firm HSL Compliance. The deal sees IK partnering with HSL’s management team, who will reinvest in the company. At the same time, LDC, the private...