by Sebastian | Aug 10, 2021 | News
Oak Hill Capital Partners is pitching a single-asset secondary transaction involving fiber-optic network provider MetroNet Inc. that could raise $500m, according to people familiar with the matter. The New York-based buyout firm could announce the closing of the...
by Sebastian | Aug 10, 2021 | News
The takeover battle between tobacco giant Philip Morris and private equity firm Carlyle for inhaled treatments maker Vectura will not be heading to the auction ring on Wednesday after Carlyle said it will not raise its bid. U.S.-based Carlyle on Tuesday declared final...
by Sebastian | Aug 10, 2021 | News
Fanatics Inc. raised a new round of funding valuing the online sports-merchandise retailer at $18bn, people familiar with the matter said, roughly tripling its valuation from a year ago as it works to expand into new business lines, including sports betting. The...
by Sebastian | Aug 10, 2021 | News
Sands Capital held a first and final closing of its second life sciences dedicated fund, Sands Capital Life Sciences Pulse Fund II, L.P., raising $560m. This close increases total Pulse Strategy assets under management to more than $950m, including Sands Capital Life...
by Sebastian | Aug 10, 2021 | News
Private equity firm Clearlake Capital is to take cloud computing and management software provider Cornerstone OnDemand private in a deal worth $5.2bn. Under the terms of the deal, Cornerstone shareholders will receive $57.50 per share in cash, a 15 percent premium...