by Sebastian | Mar 23, 2022 | News
Expense management platform for startups Jeeves raised $180m in a funding round that values it at $2.1bn. The round was led by Tencent Holdings and also included Singapore’s sovereign wealth fund GIC, U.S. venture capital firm CRV and several other funds. Jeeves,...
by Sebastian | Mar 23, 2022 | News
Investment firm TowerBrook Capital Partners is seeking around $800m for a single-asset continuation fund that would give the firm more capital and time to support portfolio company TriMedx Holdings, The Wall Street Journal reported. The TowerBrook fund would be one of...
by Sebastian | Mar 23, 2022 | News
PAI Partners is exploring a potential sale of M Group Services, a U.K.-based infrastructure services firm that could be valued at about $2bn, according to people familiar with the matter. The private equity group is working with Citigroup to evaluate options including...
by Sebastian | Mar 22, 2022 | News
London Stock Exchange Group has agreed to divest its wealthtech platform to US private equity firms Clearlake Capital Group and Motive Partners for a total cash consideration of $1.1bn. The transaction is expected to conclude in the second half of this year. The...
by Sebastian | Mar 22, 2022 | News
Certares Management, an investment firm led by Hertz Global Holdings Inc. Chairman Greg O’Hara and dedicated to the travel, tourism and hospitality industries, is seeking capital for a new private equity fund, according to people with knowledge of the matter. Certares...
