by Sebastian | Aug 18, 2022 | News
Rothschild’s private equity arm is sounding out prospective bidders to launch the sale of a majority stake in French automotive software firm A2Mac1, a deal valued at up to $1.5bn. Five Arrows Principal Investments (FAPI) – which is owned by Rothschild and...
by Sebastian | Aug 18, 2022 | News
Major U.S. and European banks are facing tougher times in the riskiest parts of the loan market. The biggest U.S. lenders, including Bank of America and Citigroup, wrote down $1bn in the second quarter on leveraged and bridge loans as rising interest rates made it...
by Sebastian | Aug 18, 2022 | News
HR tech developer HiBob has reached a $2.45bn valuation after investors including General Atlantic and Bessemer Venture Partners backed a $150m Series D round for the business. The new investment round comes just nine months after HiBob raised $150m for its Series C...
by Sebastian | Aug 17, 2022 | News
Sweden-based private equity fund EQT said it had made a cash offer for the remaining shares in Swedish biopharmaceuticals group Karo Pharma. EQT currently owns 86% of Karo Pharma. The total value of the offer is $215.15m, valuing Karo Pharma at $1.6bn, EQT subsidiary...
by Sebastian | Aug 17, 2022 | News
SailPoint Technologies Holdings the leader in enterprise identity security announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $6.9bn. The agreement to be acquired was...