by Sebastian | Sep 1, 2021 | News
Private equity firm Thoma Bravo completed its $12.3bn acquisition of Proofpoint more than one month after the cybersecurity company’s shareholders approved the all-cash transaction. Proofpoint said Tuesday the deal completion signaled its transition from a publicly...
by Sebastian | Sep 1, 2021 | News
U.S. private equity firm Bain has taken a minority stake in Berlin Brands Group (BBG) as part of a $700m financing deal, which means the German e-commerce company joins the ranks of “unicorn” start-ups valued at $1bn or more. The Berlin-based company, which owns...
by Sebastian | Sep 1, 2021 | News
Abry Partners is seeking $625m from investors for its second fund targeting investments in lower midmarket companies, according to people familiar with the fundraising efforts. If the firm reaches its target, the new fund would be around 19% larger than its...
by Sebastian | Sep 1, 2021 | News
European-Asian private equity firm AGIC Capital today announces the successful final closing of its second fund, AGIC Fund II, which will be focused on advanced industrial and medical technology investments. AGIC Fund II raised $1.2bn, reflecting strong investor...
by Sebastian | Aug 31, 2021 | News
William Ackman’s Pershing Square has committed to buy an additional 2.9% of Universal Music Group capital from Vivendi for $1.15bn, the French media conglomerate said in a statement. Vivendi noted that the purchase price is based on an enterprise value of €35bn...