SparkPost secures USD180m strategic growth investment
SparkPost, an email sending and optimisation platform delivering nearly 40 per cent of the world’s commercial email, has secured USD180 million from LLR Partners, NewSpring Capital and PNC Bank. The investment will help fuel SparkPost’s next stage of growth and product innovation as organisations continue to look at email as the channel to communicate and […]
23andMe in Talks to Go Public Via Branson SPAC
DNA-testing company 23andMe is reportedly in talks to go public through a $4bn deal with Richard Branson’s VG Acquisition Corp. A deal may be announced next month for 23andMe, less than three years since being evaluated at $2.5bn. Bloomberg reports that the two sides are still far apart, but that talks are rapidly progressing. The deal […]
EQT backs in-demand AI learning platform
EQT Ventures recently closed a USD18 million series-A round into Stockholm-based AI-focused online learning platform Sana Labs, which is used by Fortune Global 2000 companies for up-skilling and re-skilling global workforces, and has been in high demand when it comes to educating healthcare and other key workers during the pandemic. Private Equity Wire sat down […]
US private equity firm bids for UK pub group Marston’s
A takeover by Platinum Equity would be the first of a UK pub group since the pandemic started Marston’s, the UK pub company, has received an informal takeover proposal from Platinum Equity, the Beverly Hills-based private equity firm whose founder Tom Gores owns the Detroit Pistons basketball team. The FTSE-listed pub group said on Friday […]
Copley Equity invests in AeroMed Group
Copley Equity Partners (Copley Equity), a private equity firm and family office headquartered in Boston, Massachusetts has completed a growth investment in AeroMed Group (AeroMed) to facilitate the company’s acquisition of etaGLOBAL. Terms of the transaction have not been disclosed. AeroMed, based in Charlotte, NC, will utilise Copley’s investment to assist in the company’s strategy […]
General Atlantic invests in Equality Health
Equality Health, a provider of technology, services and support for value-based care, has secured a strategic investment from General Atlantic, a leading global growth equity firm, to fuel the Company’s next phase of growth as a value-based primary care network serving the Medicaid, Medicare and ACA Exchange populations. Existing investor Endeavour Capital will remain a […]
General Atlantic to Invest US$55 Million in Kalbe Genexine Biologics
Capital to fuel Company’s strategic growth into a leading biologics platform in the Southeast Asia region Kalbe Genexine Biologics (“KGBio” or “the Company”), a leading integrated biologics holding company focused on the in-licensing, clinical development, and manufacturing of novel biologicals and biosimilar molecules, today announced that General Atlantic, a leading global growth equity firm, will […]
University of Texas Institutions Receive $5 Million to Expand Blackstone LaunchPad to Additional Campuses
The Blackstone Charitable Foundation announced today the expansion of its signature Blackstone LaunchPad student entrepreneurship programming from two to eight campuses in The University of Texas System, bringing the initiative’s network and resources to a more diverse set of students. The $5 million expansion will give even more students critical access to resources, opportunities and […]
A Twist In Style: How Distressed And Bankruptcy Investing Is Different This Time
Distressed investing is one of these trends, like shoulder pads, where one must be exacting not only with timing but also interpretation. Both are coming back strong in 2021. The time is right. Cornerstone Research reported that 138 companies with more than $100 million in assets filed in the first three quarters of 2020, 84% […]
9 big things: The race to build the next Tesla
Tesla sold fewer than 500,000 cars last year, by far its highest annual total on record. That accounted for less than 1% of all global automotive sales. And yet Tesla is now one of the 10 most valuable companies in the world, and its co-founder and CEO, Elon Musk, is the wealthiest person alive. You […]
