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Category: Deal News

Cinven emerges as latest Serie A stake bidder after CVC deal valuing it at €10bn falls through – report

Cinven has emerged as the latest private equity player interested in taking a slice of Italy's top football league, Serie A, in the wake of a reported CVC investment valuing the business at €10bn fell

PE-backed Cirque du Soleil files for bankruptcy protection, cuts 3,500 jobs as Covid-19 lays business low

The coronavirus crisis has pushed the world-famous Cirque du Soleil into bankruptcy protection, with the private equity-backed business set to slash 3,500 jobs.

BGF software, IT investment drive in 2020 continues with Juriba deal

UK growth investor BGF has backed IT migration software provider Juriba, to accelerate its product development and drive its international scale.

INVL taps biggest PE fund in Baltics to buy recycling, waste collection busines Eco Baltia

INVL has tapped the biggest private equity fund in the Baltic region to buy a controlling stake in plastic recycling and waste collection major Eco Baltia.

Blackstone buys into trio of Hollywood studio lots, offices at $1.65bn valuation

Blackstone has agreed to pick up a 49% stake in a trio of Hollywood film studios and five on-lot or adjacent offices at a gross portfolio valuation of $1.65bn.

CIVC sells stake in radar tech maintenance pioneer GPRS to Kohlberg & Company

CIVC Partners has sold a majority stake in subsurface infrastructure scanning services business GPRS Holdings to fellow private equity house Kohlberg & Company.

Identity fraud fighting startup ubble raises €10m seed round

French tech startup ubble has bagged €10m in seed capital and a partnership with Bpifrance, the investment bank.

Area 1 Security secures $25m funding round to support its R&D

Area 1 Security, a pre-emptive email security solution, has closed its growth equity round on $25m, with ForgePoint Capital leading the round.

Australian business bank Zeller raises AUD $6.3m ahead of 2021 launch

New alternative business banking platform Zeller has reportedly raised AUD $6.3m ($4.3m) in a funding round as it aims for a 2021 launch.

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