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Clearlake Capital acquires WhiteStar Asset Management from Pine Brook

Clearlake Capital Group has acquired a majority stake in investment management firm WhiteStar Asset Management from Pine Brook Capital Partners.

Private equity giants circle Unilever tea business, deal could reach £5bn – report

A string of private equity giants are reportedly circling Unilever's tea business for a buyout which could see it valued at more than £5bn.

Virgin Australia bondholders look to stamp out private equity takeover with debt-for-equity offer

Bondholders of struggling airline Virgin Australia have made a last-ditch bid to keep the company out of the hands of private equity firms bidding for the beleaguered business.

Charlesbank Captial buys into TA, Vista Equity-backed ERP specialist Aptean

Charlesbank Capital is the latest private equity firm to buy in to enterprise resource planning business Aptean.

Event management software company Aventri confident of post-Covid-19 rebound, gets new HGGC, Level Equity investment

Event management software business Aventri has closed a strategic growth equity round with current private equity investors HGGC and Level Equity.

Resolute Capital Partners invests in fellow private equity house Finance Technology Leverage

Resolute Capital Partners has invested in fellow private equity house Finance Technology Leverage to help it back innovators in the energy, life sciences, industrial technology, and aerospace sectors.

Cybersecurity startup SecurityGate.io seals Houston Ventures-led Series A round

Cybersecurity startup SecurityGate.io has closed its Series A funding round, with Houston Ventures leading the investmen

Coronavirus user surge helps Canva strike $6bn valuation through latest VC investment round

Australian design software company Canva has surged to a $6bn valuation thanks to its latest venture capital-backed investment round.

Ares leads ‘world’s biggest unitranche loan’ with £1.875bn Ardonagh Group financing

Ares Management has led what it says is the biggest-ever unitranche loan through the £1.875m financing for insurance broker The Ardonagh Group.

Lightyear Capital buys into PE-backed digital insurance broker Health Plan One

Financial services-focused private equity house Lightyear Capital has agreed to buy an indirect controlling stake in digital insurance broker Health Plan One.

Financial services cloud marketing software, services business FMG Suite gets Aurora Capital Partners backing

FMG Suite, a SaaS company specialising in cloud-based marketing software and services for financial services professionals and insurance agencies, has picked up a new funding round led by Aurora Capital Partners.

CDQP reinvests in architecture, design house Lemay

Canadian pension giant Caisse de dépôt et placement du Québec has reinvested in architecture and design house Lemay in the form of an $8.7m loan.

Has Checkout.com just become Europe’s most valuable FinTech startup, after tripling valuation to $5.5bn?

London-headquartered Checkout.com has just raised a $150m Series B funding round that saw it triple its valuation to $5.5bn, making it one of Europe’s most valuable FinTech startups.

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