Ollie Phillips: Private equity investment is the impetus rugby needs for survival and prosperity
Private equity in rugby is back on the agenda, with the long-rumoured CVC Capital Partners and Six Nations deal now said to be imminent. Meanwhile, US buyout firm Silver Lake is keen to add a stake in the All Blacks to a portfolio that also includes Manchester City. All this will make some in sport […]
Eurazeo invests in PPRO
Eurazeo Growth announces a EUR55 million investment in PPRO, an infrastructure provider in the cross-border alternative payments space. Eurazeo Growth is co-leading this round of EUR153 million, alongside Sprints Capital and Wellington Management among other investors. After Younited Credit, Wefox, Thought Machine and Tink, PPRO is Eurazeo Growth’s fifth investment in the Fintech sector and […]
Neuberger Arm Commits $320 Million to Asia Capital Real Estate
Almanac Realty invests in property owners and operators. ACRE makes targeted workforce housing debt, equity bets. Almanac Realty Investors, an arm of Neuberger Berman, has committed $320 million to Asia Capital Real Estate, a private equity firm focused on workforce housing. The investment, led by Almanac managing director Justin Hakimian, is set to anchor ACRE […]
Low Carbon Innovation Fund 2 invests in SKOOT
Turquoise, a UK merchant bank specialising in energy, environment and efficiency, has announced its seventh deal for the Low Carbon Innovation Fund 2 (LCIF2), a GBP330,000 investment in mobility app company SKOOT RIDE.COM Ltd (SKOOT). SKOOT was founded in 2019 to promote and facilitate lift sharing amongst friends and colleagues. Passengers share the costs of […]
ADB makes $10m equity investment in Tata Capital to support SMEs in India
TCGF II is a private equity fund targeting growth capital investments in middle-market companies in India, including small and medium-sized enterprises (SMEs) The Asian Development Bank (ADB) has made a $10 million equity investment in Tata Capital Growth Fund II LP (TCGF II). TCGF II is a private equity fund targeting growth capital investments in […]
BV Investment Partners invests in PixelMEDIA
BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, has invested in PixelMEDIA (Pixel), a digital commerce services firm dedicated to helping brands launch, manage, and grow their ecommerce business on Salesforce. Co-founders Erik Dodier, Chief Executive Officer, and Thomas Obrey, Chief Technology Officer, […]
Private equity: The booming biotech sector
Investment in biotech is booming. In Europe, the biotechnology and healthcare sector accounted for 20% of overall private equity investment in the first half of 2020, according to data from funds trade body Invest Europe. Investors in the field are faced not only with financial and ethical dilemmas, but the risks posed by the presence […]
Pamlico Capital invests in Protera Technologies
Pamlico Capital (Pamlico) has made a growth investment in Protera Technologies (Protera), a provider of public cloud-centric application management and migration services for SAP software, as well as other enterprise IT outsourcing services. CEO Dean Adamopoulos, CTO Patrick Osterhaus, and the management team will maintain significant ownership in Protera and continue to manage the growth […]
ThoughtWorks Receives $720 Million Investment at an Enterprise Value of $4.6 Billion
January 14, 2021 Chicago – ThoughtWorks, a global software consultancy today announced that GIC, Siemens AG, Fidelity Management and Research LLC, and Mubadala Investment Company have invested $720 million in the company. Founded over 25 years ago, ThoughtWorks has grown from a small team in Chicago to a leading global software consultancy of more than […]
LendingPoint Secures $125 Million Growth Investment From Global Private Equity Firm Warburg Pincus
LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Thursday it secured a $125 million growth investment from global private equity firm, Warburg Pincus. Founded in 2014, LendingPoint explained that it is committed to redefining who is able to access money at fair rates, and empowering consumers to build financial momentum. “[LendingPoint] uses […]
