Wiz just raised $120 million from Salesforce and Blackstone

Israeli cybersecurity company Wiz has raised $120 million led by Salesforce and with the participation of Blackstone. The company’s valuation in the round is expected to be higher than $1.7 billion, at which it was valued in its previous funding round. To date, Wiz has raised about $230 million in two major rounds, with the […]

Level 5 Capital Partners Invests $20 Million In Skincare Franchise Heyday

Heyday, a skincare company founded in 2015 with 10 stores in New York, California and Pennsylvania, announced this week it raised $20 million in Series B funding led by private equity firm Level 5 Capital Partners and existing investors Lerer Hippeau and Fifth Wall Ventures. Level 5 was founded in 2009 by tech executives to invest in high-end wellness and lifestyle brands. […]

EQT leaves hot markets behind with $15 billion pet LBO

A convoluted 12.3 billion euro pet-care deal involving EQT, Silver Lake and Nestlé carries a clear message for public markets. Even amid an initial public offerings boom and hot stock-market valuations, private investors will be reluctant to part with the most promising assets. Swedish buyout group EQT helped to create IVC Evidensia in 2017 with […]