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Month: December 2020

DoorDash is set to deliver SoftBank a big hit

Tech-focused Vision Fund poured money into startup in 2018, helping it expand its reach and outpace rivals’ growth

Secondaries specialist Keyhaven seeks €500m for new fund

The firm focuses on the European lower mid-market and considers structured transactions, direct secondaries and partnership deals

Target Global holds first close for second growth fund on €300m

Target Global has held a first close for Target Global Growth II on €300m.

Balderton leads $15m series-A for Vivenu

Balderton Capital has led a $15m round for online ticketing platform Vivenu.

New State Capital picks up overstock, closeout bargains specialist KMS

New State Capital Partners has bought into KMS, a wholesale distributor of closeout, overstock, and factory refurbished merchandise.

PE-backed Sortera acquires Vaihtolava

Summa Equity-backed Finnish recycling company Sortera has acquired transport service Vaihtolava from Vaipurco, a Finnish industrial and construction services supplier.

CAI Capital strikes $125m hard cap in Fund VI final close

Canada's CAI Capital has reached the $125m hard cap for its sixth flagship fundraise.

Alpina sells Modula to PE-backed Aptean

Alpina Partners has sold enterprise resource planning (ERP) software company Modula to Georgia-based Aptean, a portfolio company of Vista Equity Partners, TA Associates and Charlesbank Capital Partners.

Comment: How banks can play the ‘K’-shaped recovery

We are in an unprecedented crisis, which means banks' usual ways of segmenting customers may not work

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