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Month: August 2020

PE-backed Visma acquires Dutch firm Yuki

Visma, a PE-backed Norwegian cloud software company, has acquired Rotterdam-based accounting software company Yuki. 

YFM-backed DSP acquires Explorer

YFM Equity Partners portfolio company DSP has acquired Oracle software consultancy Explorer UK.

KKR seals record fundraising quarter amid push to profit from coronavirus opportunity

Global private equity giant KKR raised a record $16.4bn last quarter amid a powerful push to cash in on investment opportunities thrown up by the ongoing coronavirus crisis.

Buyout-backed Clearwater Analytics eyes $2bn valuation from potential sale – report

Private equity-backed investment management software business Clearwater Analytics is reportedly eyeing a sale which could value the business at $2bn.

YFM hires new partner

YFM Equity Partners has hired Victor Christou as partner.

Apollo’s Rackspace IPO values company at $4.18bn, below PE firm’s 2016 take-private valuation

Apollo Global has seen a disappointing IPO for portfolio business Rackspace value the business at about $4.18bn - less than the company's $4.3bn valuation when Apollo took it private four years ago.

Finland’s VC industry remains buoyant despite pandemic

Dealflow in the Finnish VC market remained strong in the peak months of the coronavirus outbreak. Has the country been spared from the effects of the pandemic? Eliza Punshi reports

Telecom Italia delays decision on network stake sale to KKR

KKR submitted a nonbinding offer previously to be the Italian telecommunications company's exclusive partner in fibre network development

Ex-Facebook pair seal $110m final close for second Electric Capital fundraise

Fintech and cryptocurrency-focused venture investor Electric Capital has struck a $110m final close for its sophomore fundraise.

Thoma Bravo keeps up dealmaking pace with Foundation Software buyout

US private equity major Thoma Bravo has agreed a buyout of Foundation Software, a provider of construction accounting software and payroll services for small-to-mid-sized specialty contractors.

Blackbird Ventures follows soaring Canva success with A$500m fund close

Australian venture capital major Blackbird Ventures has raised its biggest fund to date by collecting A$500m for its fourth flagship investment vehicle.

Spac backed by former KKR executives files for IPO

TWC intends to focus on technology and technology-enabled services sectors, according to a securities filing

Beleaguered public pension funds make record gains in second quarter

Even so, annual returns for funds with June fiscal years were far short of long-term targets

Ex-Legend Capital healthcare execs raise $200m for debut Sherpa Healthcare Partners US-dollar fundraise

Sherpa Healthcare Partners has picked up $200m for the final close of its debut US-dollar fundraise.

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