SA private equity fund launches investment fund worth R350-million
Moshe Capital Fund Managers, a South African private equity company, has launched an investment fund worth R350-million and is actively searching for companies to invest in. According to reports issued, the private equity firm and secured the new funding from FNB Commercial and through a partnership agreement with RMB Ventures. Mametja Moshe, founder, and CEO […]
Thoma Bravo SPAC Is Said in Talks to Take IronSource Public
Thoma Bravo’s blank-check firm is in talks to take mobile marketing company IronSource public through a merger, according to people with knowledge of the matter. Thoma Bravo Advantage, a special purpose acquisition company, or SPAC, is seeking to raise about $1 billion in new equity to support a transaction that values the combined entity at […]
Quadrant invests in project consultancy TSA Management
Project management consultancy TSA Management has swapped private equity hands, with its ownership transferring from UK private equity firm Livingbridge to homegrown investor Quadrant Private Equity. Livingbridge invested in TSA Management in December 2017, with the objective of helping the Australian consultancy expand into new sectors and geographies. According to leaders at Livingbridge and TSA Management, […]
Guzman y Gomez IPO on hold after bumper sales driven by pandemic
Mexican food chain Guzman y Gomez has put its planned ASX float on hold after a bumper year of sales driven by COVID-19 and a significant investment from leading fund manager Hamish Douglass. The chain which sells a quick and ‘clean’ take on Mexican food has grown rapidly to 151 stores globally, 21 of which […]
Christchurch-based business to be sold for $1.45b
Christchurch-based company Seequent, known for earth modelling software among other things, has been snapped up by Nasdaq-listed engineering software company Bentley Systems for US$1.05 billion ($1.45b). The acquisition, subject to New Zealand Overseas Investment Office approval, would see the company continue to operate as a standalone business unit within Bentley. Seequent is a New Zealand […]
Respira closes equity investment from Capricorn’s Sustainable Investors Fund
Respira has closed an equity investment in the first quarter of 2021 by Capricorn Investment Group’s Sustainable Investors Fund. This investment will allow for the expansion of Respira’s portfolio-based approach to the carbon offset market. This approach provides institutional investors with both long-term pricing and productivity guarantees. Robin Bowie, Co-Founder and Director of Respira, says: […]
China’s JD.com in talks to purchase stake in brokerage worth $1.5 billion
JD.com Inc is in talks to buy part or all of a stake in brokerage Sinolink Securities worth at least $1.5 billion, as the e-commerce major aims to bolster its financial services operations. A deal to buy the stake from Sinolink’s largest shareholder, Yongjin Group, would be the biggest bet in acquisition value terms by […]
Goldman Sachs sharpens push to win Asia SPAC market share
Goldman Sachs is aiming to snare a bigger share of the booming number of Special Purpose Acquisition Company (SPAC) deals in Asia by having senior bankers specifically target these blank cheque transactions across the region. Hong Kong-based Raghav Maliah, the global vice chairman of Goldman Sachs’ investment banking division, leads the initiative together with Vikram […]
Flutterwave secures $170Mn; aims to boost Africa’s FinTech ecosystem
Nigeria-based FinTech firm, Flutterwave has recently made it to the headlines following its announcement of raising USD 170 million in Series C Funding round led by Tiger Global Management and Avenir Growth Capital. This new funding has now brought in the total fundraise of the company to USD 225 million ever since its launch five […]
ACRE ACQUIRED BY TRITON
Triton, a UK-based private equity firm, has signed an agreement to acquire ACRE, an end-to-end security solutions provider based in Dallas and Dublin, Ireland, with brands that include Vanderbilt, RS2, Open Options, ComNet, and Razberi. Triton will invest alongside the current management team of ACRE. ACRE’s previous majority investor, LLR Partners, who has partnered with the company since […]
