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Month: January 2022

How Businesses in Texas and Florida Wrestle With States’ Vaccine Backlash

With the Biden administration’s attempt to impose a national standard blocked, companies must navigate a thicket of local rules as they try to return employees to the workplace.

Lightspeed, 468, BroadLight co-lead USD 200m Series B for Zapp

UK-based grocery delivery startup Zapp has raised USD 200m in a Series B co-led by Lightspeed Venture Partners, 468 Capital and BroadLight Capital.

Portfolio Advisors hauls in $3.5bn of capital across two funds, closes largest fund to date

Private equity firm Portfolio Advisor has closed two funds hauling in $3.5bn of investments. Portfolio Advisors Secondary Fund IV is the firm's largest fund to date. The post Portfolio Advisors hauls in $3.5bn of capital across two

Pinova buys Sematell from IMCap

Pinova Capital is to acquire AI-based customer service platform Sematell from small-cap technology investor IMCap.

Vista, Elliott said to eye $13bn Citrix buyout following pandemic home-working boom

Vista Equity Partners is reportedly teaming with activist investor Elliott for a $13bn buyout of cloud and virtualisation software specialist Citrix. The post Vista, Elliott said to eye $13bn Citrix buyout following pandemic home-working boom

Unicorn founders-backed Norrsken holds $110m first close for fund targeting African tech

Norrsken Foundation has held a $110m first close on $200m-targeting Norrsken22 to invest in Africa's new tech giants. The post Unicorn founders-backed Norrsken holds $110m first close for fund targeting African tech first appeared on

Solar-focused NextEnergy Capital shines with new $896m flagship raise

Solar power-focused investor NextEnergy Capital has raised $896m for the final close of its third flagship fund. The post Solar-focused NextEnergy Capital shines with new $896m flagship raise first appeared on AltAssets Private Equity News.

O2 Investment Partners picks ESG-focused PR, comms business BerlinRosen as latest investment

O2 Investment Partners has invested in strategic communications, public relations, consulting, and digital advertising business BerlinRosen. The post O2 Investment Partners picks ESG-focused PR, comms business BerlinRosen as latest investment first appeared on AltAssets Private

Epiris acquires LDC-backed water pumps manufacturer Stuart Turner

UK private equity firm Epiris has acquired Oxfordshire-based water pumps manufacturer Stuart Turner for an undisclosed sum from mid-market investor LDC.

Highland Europe, Eurazeo lead Descartes EUR 120m fundraise

Descartes Underwriting, an insurance technology company that specialises in climate-based risk, has raised a EUR 120m Series B led by Highland Europe and Eurazeo.

Veteran CVC co-founder Steve Koltes prepares to step down from active role, 29 years after launching firm

CVC Capital co-founder Steve Koltes is stepping down from an active role at the firm 29 years after launching the private equity giant. The post Veteran CVC co-founder Steve Koltes prepares to step down from

Letter from the editor

Mergermarket's European private equity editor, Joao Grando, has been appointed the editor of Unquote.

CVC co-founder Koltes to step back in 2022

CVC Capital Partners has announced that co-founder and co-chair Steve Koltes is to step back from holding an active role as of 1 October 2022.

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