Plus and Hennessy Capital Form Merger
Plus, a global provider of self-driving truck technology announced it has entered into a definitive business combination agreement with Hennessy Capital Investment...
Tencent-backed Waterdrop slumps in NYSE debut
Shares of Tencent-backed Chinese health insurance company Waterdrop dropped 14.5% in its New York debut on Friday, May 7. The company previously...
IPOs SPACs Life Sciences the Rise in Popularity
Despite the COVID-19 global pandemic, 2020 was an eventful year in the life sciences and technology sector mainly due to the popularity rise of the special purpose acquisition companies IPOs SPACs on Wall Street. SPACs have increasingly gained popularity because they give companies the option of going public without dealing with
Poshmark Goes Public
Last week, fashion-based online retailer Poshmark went public, ending its first day of trading with a value of $7.4 billion. The retailer,...
Wish Suffers Major Net Loss Before IPO
The global pandemic has profoundly shaped e-commerce. Many storefronts and shopping malls remain closed, and in an environment that risks consumer safety,...
Vista Equity Partners Acquires Customer Success Startup Gainsight
This week, PE firm Vista Equity Partners Management LLC (Vista) announced it has acquired customer success startup Gainsight. According to reports, the...
SPAC MedTech Acquisition Corporation Files for IPO
MedTech Acquisition Corporation has filed paperwork with the SEC to bring their company public. In their S-1 form, MedTech Acquisition registered 23...
AA Motoring Group Considering Becoming Private Again
Motor rescue-and-insurance company Automobile Association Developments Ltd (The AA) will be going back into private equity. The company has agreed to a...
BlackRock Acquires Aperio for $1 Billion
One of the world's largest investment platforms, BlackRock Inc., has acquired wealth management company Aperio Group LLC for a cash deal of...
KKR Acquires Japanese Supermarket Chain Seiyu
Investment firm Kohlberg Kravis Roberts & Co. L.P. (KKR) has announced this week that it has acquired a 65% stake in Japanese...
Recent Articles
FootballCo Scores With Support of Private Equity Firm TPG Capital
FootballCo has embarked on an expansion strategy. Thanks to the support of the Private Equity Firm TPG Capital, it has managed to...
WorldRemit Prepares to Raise $5 Billion IPO
WorldRemit is seeking to raise cash at a valuation of $5 billion ahead of a potential public offering. Currently, the London-based money...
Private Equity Firms Rush to Buy British Companies
British businesses have seen a large wave of acquisitions from Private Equity (PE) firms in the first half 2021. These PE firms...
Crypto Startup Raises $12.5m in 31 Seconds
The crypto startup Yield Guild Games announced that it had sold 25 million YGG cryptocurrency tokens in 31 seconds. Yield Guild Games...
$3.5 Billion Deal for Zooplus is Puppy Love Bet on Pets
Zooplus, one of Europe’s largest online pet supplies’ retailers, received and accepted a $3.5 billion takeover offer from U.S. private equity firm...
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P.F. Chang’s Announces New and Continued Layoffs in Ongoing COVID-19 Response
The restaurant industry has been one of the hardest hit by COVID-19. Restaurants like P.F. Chang's China Bistro, Inc., already struggling before...
Wells Fargo Fires Over 100 Employees for Coronavirus Relief Fraud
Wells Fargo (WFC) fired over 100 employees for allegedly defrauding a coronavirus relief program from the U.S. Small Business Administration (SBA).
New High Yield Bond Ratings: August 2 – 6, 2021
At least 22 companies received a revision on high yield bond ratings during the week of August 2 - 6, 2021. These...
PE Industry Is Stabilizing After COVID-19 Hit, Experts Say
According to investors and industry experts, the PE industry is stabilizing after months of struggling due to the Covid-19 pandemic. Four experts...
Growth of Clubhouse Faces Scrutiny
The growth of Clubhouse, an audio-biased social network, faces scrutiny over its handling of "problematic content" like "hate speech" and "misinformation." The...
