by Sebastian | Aug 10, 2022 | News
Several high-flying startups are being brought down to earth, as a recent carnage in global equity markets and lackluster demand for new listings force companies to raise funds at a substantial discount to their sky-high valuations. Easy money from venture capital...
by Sebastian | Aug 9, 2022 | News
Private equity firm Advent International has acquired 65% of Neoris, a digital transformation and IT consulting firm that supports SAP on Microsoft Azure. The majority stake seller was CEMEX — which will retain a 35% stake in Neoris. The deal’s valuation was not...
by Sebastian | Aug 9, 2022 | News
Eurazeo is announcing a sale of Trader Interactive, valued at $1.9bn corresponding to 25,0x CY 2021 Adjusted EBITDA. With this operation, Eurazeo and its affiliates show a return on a realized basis of 3.1x their original investment. The sale of the 51% stake...
by Sebastian | Aug 9, 2022 | News
United Parcel Service Inc said on Monday it would buy Italy-based healthcare logistics firm Bomi Group to bolster its capability in delivering medicines that require cold storage. The U.S. delivery firm is focusing on high-margin businesses to offset declining volumes...
by Sebastian | Aug 9, 2022 | News
Yieldstreet, the world’s largest direct-to-consumer online platform for investing in private markets, today announced the closing of a warehouse facility that provides access to up to $400m from Monroe Capital. This financing is the largest of its kind to date for...
