BlackRock Invests in UK Electric Vehicle Startup, Arrival
US funds manager BlackRock Inc. has invested $118 million in electric vehicle startup Arrival Ltd. The investment is the most Arrival has...
Twilio Acquires Customer Data Startup Segment for $3.2 Billion
Twilio Inc., a customer communications platform provider, has announced it will acquire Customer Data Platform (CDP) startup Segment Inc. Twilio acquired the...
Equity Crowdfunding Platforms Crowdcube and Seedrs Agree to Merge
Crowdcube Capital Ltd (Crowdcube) and Seedrs Limited (Seedrs), two of the leading equity crowdfunding platforms in the UK, announced that they have...
NEC Acquires Leading Swiss FinTech Company Avaloq for $2.2 Billion
This week, Japanese IT and electronics company NEC Corporation announced it will acquire Avaloq Group AG (Avaloq), a Swiss financial software company....
PE Firms See 100 Fewer Distressed Assets in Q3 than Q2
The U.S. economy continues to suffer from the COVID-19 pandemic. But as bankruptcies and defaults continue to pile up, private equity firms...
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...
Asda has been Acquired by Issa Brothers and TDR Capital
Walmart Inc. (Walmart) has sold a majority stake of UK-based retailer Asda Group Limited (Asda) to billionaire brothers Mohsin and Zuber Issa...
Stephan Feldgoise and Mark Sorrell to head Goldman Sachs M&A Unit
Goldman Sachs Group, Inc. has appointed Stephan Feldgoise and Mark Sorrell as the new co-heads of the company's global Mergers and Acquisitions...
Lafayette Mittelstand Capital Acquires Jurchen Technology
This week, Germany-based private equity firm Lafayette Mittelstand Capital (Lafayette) has acquired 100% of company Jurchen Technology GmbH. The company is a...
LP Scorecard: TA, Bridgepoint, and Charterhouse lead WSIB 2016 Investments
For four straight years, from 2012 to 2015, Washington State Investment Board committed to just five types of private market funds each...
Recent Articles
New High Yield Bond Ratings October 12 – October 16, 2020
At least 15 companies received downgrades or revisions on high yield bond ratings during the week of October 12 – October 16,...
New Chapter 11 Filings, Disclosures: October 12 – October 16, 2020
At least three major companies have either filed for Chapter 11 Bankruptcy protection or defaulted on loans during the week of October...
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).
BlackRock Invests in UK Electric Vehicle Startup, Arrival
US funds manager BlackRock Inc. has invested $118 million in electric vehicle startup Arrival Ltd. The investment is the most Arrival has...
COVID-19 and Wildfires Test Mettle of California Wineries
COVID-19 has caused a surge in alcohol-related purchases, but it has also challenged many California wineries, which have had to change the...
Most Popular
Quarterly Report: Precedent Transactions Real Estate/Gaming/Lodging, 2nd Quarter 2020
Despite the Coronavirus Pandemic still sweeping the globe, the Real Estate/Gaming/Lodging Sector saw some prominent in the second quarter of 2020. Below...
Spiceology Earns $4.7M in Series A Funding
Spiceology recently announced the closing of $4.7M in series A funding. The spice company boasts over 250 salts, spices, and chilies as...
Lafayette Mittelstand Capital Acquires Jurchen Technology
This week, Germany-based private equity firm Lafayette Mittelstand Capital (Lafayette) has acquired 100% of company Jurchen Technology GmbH. The company is a...
Apollo Makes Another Attempt to Acquire Tegna, Challenging Gray Bid
On Friday Apollo Global Management Inc. made an all-cash offer to acquire TV-station owner, Tegna Inc. The private-equity firm offered a bid of $20...
COVID-19 Drives Down New Car Sales, Used Car Sales Up
The COVID-19 pandemic has significantly impacted consumers’ behaviors and reduced demand for products and services to date in 2020. Automakers have been...
