by Sebastian | Dec 17, 2021 | News
The New York Knicks have retained their place as 2021’s most valuable NBA franchise at $6.12bn in Sportico’s annual valuations, with the league’s team average value now pegged at $2.58bn. Golden State Warriors (US$6.03 billion) were ranked second by the US-based...
by Sebastian | Dec 17, 2021 | News
Spain’s electricity grid operator REE said it agreed to sell a 49% stake in its telecom infrastructure unit Reintel to U.S.-based buyout fund KKR for $1.10bn. Reintel operates a network of 50,000 km of fibre optic laid along the electricity grid and railways,...
by Sebastian | Dec 17, 2021 | News
Private equity firm Thoma Bravo said on Friday it would buy Bottomline Technologies in an all-cash deal that values the financial technology provider at about $2.6bn. The software-focused PE firm’s move to buy Bottomline comes at a time when the pandemic has...
by Sebastian | Dec 17, 2021 | News
Digital identity verification and fraud prevention company TeleSign is going public through a merger with a blank-check firm via a $1.3bn deal, the acquisition vehicle said on Thursday. Dealmaking by special purpose acquisition companies has ticked up recently after a...
by Sebastian | Dec 17, 2021 | News
Forum Equity Partners launched REIIF with a $125m capital raise. The funds will be used to acquire a $240m seed portfolio of residential rental real estate across Canada in REIIF’s targeted multi-family asset types and geographies. “REIIF capitalizes on...