Synnex Rises on $7.2 Billion Merger With Apollo’s Tech Data
Synnex (SNX) shares rose on Monday after the call-center operator and tech-hardware distributor agreed to merge with New York private-equity firm Apollo Global Management’s Tech Data unit, a deal valued at $7.2 billion including debt. Shares of the Fremont, company at last check rose 6.2% to $109.64. Shares of Apollo Global were 0.9% higher at […]
TSG and Clearent Merge to Form Xplor,a Global Platform Integrating Software
New company to serve five fast-growing verticals spanning everyday life activities. Transaction combines two Advent International portfolio companies. Clearent, a full-service, integrated payment solutions provider based in the United States and Transaction Services Group (TSG), a global provider of business management software and integrated payments for the subscription economy, today announced that they have entered […]
Baby Monitor Maker Owlet to Go Public Via Sandbridge SPAC
Baby monitor maker Owlet Baby Care Inc. said it was going public through a merger with a blank-check company backed by private equity firm Sandbridge Capital. Lehi, Utah-based Owlet and Sandbridge Acquisition Corp. will have a combined value of $1.1 billion including debt after the deal is completed, according to a joint statement Tuesday that confirmed an earlier […]
