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...
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...
Vivaris Capital Enters Broker-Dealer Partnership with Entoro Capital
Vivaris Capital recently announced that it has entered into a broker-dealer partnership with Entoro Capital. Vivaris is focused on raising capital through...
Will Alibaba Invest in Ride-Sharing Company Grab?
This week, there has been word about multinational e-commerce company Alibaba possibly investing in Singapore-based ride-hailing startup, Grab. The investment will be...
PE Firms Look to End Remote Working
After months of remote working, employees of global private equity firms are now seeking to get back to their offices. Firms, such...
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
CD&R Acquires White Cap for $4 Billion
Clayton, Dubilier & Rice (CD&R) today announced an agreement with HD Supply Holdings, Inc. to acquire HD Supply’s Construction & Industrial business...
Global Keg Files for Chapter 11, Citing Closed Restaurants and Bars
Global Keg is the largest beer keg rental company in the world. But since COVID-19 has disrupted the economy, the business has...
U.S. House Prices Up 5.4% From Last Year in Second Quarter
U.S. house prices rose 5.4% from the second quarter of 2019 to the second quarter of 2020, according to the Federal Housing...
PE-backed Companies in Consumer Discretionary Suffer Abysmal Q2
As COVID-19 wrecked havoc across the global economy, no U.S. sector faced more damage than those in Consumer Discretionary. That sector had...
Telecommunications Company Crexendo to Offer More Common Stock to Public
Telecommunications and web service company Crexendo, Inc. (NASDAQ: CXDO) filed paperwork with the SEC to make an additional 3.5 million shares of...
