by Sebastian | Sep 13, 2021 | News
Toast Inc is aiming for a valuation of more than $16bn in its U.S. initial public offering (IPO), according to a regulatory filing on Monday by the startup that sells software to help restaurants with both online and in-store orders. Boston-based Toast plans to sell...
by Sebastian | Sep 13, 2021 | News
Diversis Capital Management, a Los Angeles-based private equity firm focused on investing in software and technology-enabled services organizations, today announced the completion of Diversis Capital Partners II, with $675m of total commitments just three months after...
by Sebastian | Sep 13, 2021 | News
Unilever is set to receive a £4bn bid for its tea business as early as next week. A consortium formed by US private equity firm Advent International and Singapore’s GIC is expected to put forward an offer ahead of a bid deadline. PG Tips and other tea brands...
by Sebastian | Sep 13, 2021 | News, UKPEC
Private equity firm CVC has agreed to buy Glendower Capital, the companies said on Monday, creating a combined company with total assets under management of about €113bn. Financial terms of the deal were not disclosed. Glendower was founded in 2006 as part of Deutsche...
by Sebastian | Sep 13, 2021 | News
Private equity firm Arctos Sports Partners has added to its National Basketball Association (NBA) investment portfolio having agreed a deal to take a 17% stake in the Sacramento Kings, according to Sportico. The acquisition reportedly values the franchise at $1.8bn...