by Sebastian | Dec 23, 2021 | News
Global buyout major Advent International has bought into software developer Encora at $1.5bn valuation. Existing majority shareholder Warburg Pincus will retain a minority stake. Encora provides outsourced software products using deep technical expertise in machine...
by Sebastian | Dec 23, 2021 | News
The Ontario Municipal Employees Retirement System pension fund sold a long-held stake in the U.K.’s second-largest natural gas distribution network on Wednesday for $1.6bn, more than tripling its original investment and raising capital for new infrastructure projects....
by Sebastian | Dec 23, 2021 | News
Vista Equity Partners will acquire a majority stake in Salesloft Inc, valuing the sales engagement software company at $2.3bn, the Wall Street Journal reported on Wednesday, as a record year for private-equity tech deals nears its end. The U.S.-based investment firm...
by Sebastian | Dec 22, 2021 | News
AT&T will sell its advertising marketplace platform Xandr to Microsoft, as the Dallas-based company continues to divest assets tied to its digital entertainment business. Terms of the deal weren’t disclosed Tuesday by either AT&T or Microsoft. Bloomberg,...
by Sebastian | Dec 22, 2021 | News
Deerpath Capital Management, one of the largest providers of customized, cash-flow based senior debt financing to North American lower-middle market companies, announced the closing of Deerpath CLO 2021-2, a $425 million collateralized loan obligation (CLO). This CLO...