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Month: September 2020

RedBird Capital seals N3 sale to Accenture as businesses scramble for digital sales expertise amid Covid-19

RedBird Capital Partners has agreed to sell digital sales expert N3 to professional services giant Accenture after four years in its portfolio.

3i buys majority stake in GartenHaus

3i has acquired a majority stake in Germany-headquartered GartenHaus, an online retailer of garden houses and sheds.

Hg sells A-Plan to trade buyer Howden

Hg has sold insurance intermediary A-Plan Group to trade buyer Howden.

Palladium picks up century-old modular steel buildings, hardware business Trachte USA

Palladium Equity Partners has bought 101-year-old modular steel buildings and hardware business Trachte USA.

Apax to buy Odigo from Capgemini

Apax France has entered into exclusive negotiations with Capgemini to acquire Odigo, a French contact centre specialist.

These 5 private equity billionaries just made it into Forbes’ 400 richest Americans list

The global coronavirus pandemic has caused financial mayhem across the globe for businesses and families alike - but America's richest people have become even richer amid the crisis.

Nord Holding acquires Bock

Nord Holding has wholly acquired Bock – a company that produces piston compressors for cooling and refrigeration technology – from its listed parent company, GEA Group.

HSBC joins rivals in freezing UK back-to-office plans as City braces for another lockdown

The UK lender paused its plans to roll out 'phase one' of getting staff back to the office, with only 'critical' staff encouraged to come into both its branches and its office in Canary Wharf

UK exits set to drag in Q3

Following a dramatic drop in exit activity in Q2, early figures from the third quarter suggest that very few GPs will be in sell mode for the rest of year. Katharine Hidalgo reports

Inven, Contrarian lead €5m series A round for Eliq

Swedish energy monitoring software company Eliq has raised €5m in a series-A funding round led by Inven Capital and Contrarian Ventures with participation from existing investors.

Asda deal could be struck this month as Lone Star quits race

One of the bidders, Apollo has already lined up a £3.75bn debt package to fund the purchase, a person told Private Equity News

Hg seals trade sale exit of A-Plan Group after more than doubling revenue at company

European software and tech private equity specialist Hg has scored an exit of UK insurance intermediary A-Plan Group to international trade buyer Howden.

Howzat Partners to eye ailing travel sector with new €120m fundraise – report

Howzat Partners is reportedly raising a new $120m fund as it looks to profit from startup opportunities in the ailing travel sector.

Dust Off Desks and Boot Up Terminals: Wall St. Returns, Fitfully

New York’s finance industry is beginning to reoccupy offices in fits and starts, impeded by uncertainty around the virus.

Flying Fish back eyeing $75m for sophomore machine learning, AI startup fundraise

Seattle-based Flying Fish Ventures is back in the market for its second fundraise target AI and machine learning technologies.

The World Economic Forum will not be held in Davos in 2021

The postponed meeting of global political and business leaders will also be moved from the location it has become synonymous with

KKR to invest $755m in retail unit of India’s Reliance Industries

This is the firm's second investment in a Reliance unit, after digital services Jio Platforms

KKR to Invest ₹ 5,550 Crore in Reliance Retail Ventures

KKR’s Second Investment With Reliance Industries Fuels Growth of India’s Fastest Growing Retail Business and Its Transformational New Commerce Model MUMBAI, India--(BUSINESS WIRE)-- Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced

AMB :- COVID-19 forces surge in tech investment: Around $15bn extra a week

Laxman Pai, Opalesque Asia: COVID-19 forces one of the biggest surges in tech investment in history as companies spent around US$15bn extra a week on technology during the pandemic's first wave, find the world's largest

AMB :- Blackstone holds $8bn final close for real estate debt fund

Laxman Pai, Opalesque Asia: Blackstone has announced the final close of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies IV (BREDS IV). One of the world's largest owners of commercial proper...Article

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