Sports platform Fanatics raises $700m in Clearlake-led round

Sports platform Fanatics raises $700m in Clearlake-led round

U.S. sports platform Fanatics has raised $700m in a new financing round led by private equity firm Clearlake Capital, valuing Fanatics at $31bn, sources familiar with the matter said on Tuesday. LionTree and existing investors Fidelity, Sliver Lake and Softbank also...
Blackstone Sees Australian Firms Warming to Private Equity

Blackstone Sees Australian Firms Warming to Private Equity

Australian corporate boards are becoming more receptive to engaging with buyout firms than they have been at any time in the prior decade, according to Blackstone’s head of private equity in the region. Public company boards’ “views on private equity are beginning to...
FREYR raises $265m and forms Nidec JV amid KKR talks

FREYR raises $265m and forms Nidec JV amid KKR talks

Norwegian lithium-ion gigafactory firm FREYR has raised over a quarter of a billion dollars and completed the previously-announced JV with Nidec Corporation to develop energy storage solutions. Last month, Bloomberg reported that the company, which listed on the NYSE...