Livestream shopping platform Whatnot Inc. has raised $265m in a funding round led by Greycroft Partners and DST Global, bringing its valuation to $4.97bn. Founded in 2019, Whatnot has positioned itself as an alternative to TikTok’s shopping features. In the past...
Mashura, a leading healthcare inventory intelligence platform, has announced a $300m strategic partnership with a newly established financing vehicle backed by Warburg Pincus, a pioneer in private equity growth investing. The partnership will support Mashura’s...
A consortium of private credit funds, including Antares Capital, Blue Owl Capital, KKR, and Goldman Sachs Asset Management, has agreed to take control of Alacrity. BlackRock had previously acquired a controlling stake in the business from private equity firm Kohlberg...
True Religion announced on Tuesday that private equity firm Acon Investments has acquired a majority stake in the company. SB360 Capital Partners, chaired by American Eagle’s CEO Jay Schottenstein, also took part in the deal. True Religion stated that the acquisition...
The latest $2.9bn bid for Insignia Financial validates its long-held belief that the wealth giant has been undervalued by the market, according to researcher Morningstar. US private equity firm CC Capital offered $4.30 per share, following Bain Capital’s $4 per... 