STC Solutions embarks upon Riyadh IPO amid Tadawul push

Saudi Telecom is spinning off its internet services division in what could be one of the biggest Saudi Arabian listings since Aramco's world record deal

Angel / Venture
TCV-backed Grupa Pracuj files for IPO

TCV-backed Grupa Pracuj files for IPO

Poland-based recruiting and HR software developer Grupa Pracuj – a portfolio company of Technology Crossover Ventures (TCV) – has filed a prospectus for a listing on the Warsaw Stock Exchange.

LeapFrog Investments buys into Ghana’s biggest privately-owned bank

Impact investor LeapFrog has picked up a stake in Ghana’s largest privately-owned bank, Fidelity Bank Ghana. The post LeapFrog Investments buys into Ghana’s biggest privately-owned bank first appeared on AltAssets Private Equity News.

Software and Hi-Tech
MML sells Sonas Bathrooms to management

MML sells Sonas Bathrooms to management

MML Growth Capital Partners Ireland has sold its majority stake in Ireland-based bathroom supplier Sonas Bathrooms to the company's management.

SK Capital picks up Deltech’s monomers, polymers, European businesses

SK Capital Partners has bought a majority stake in the monomers, polymers and European businesses of specialist materials maker Deltech. The post SK Capital picks up Deltech’s monomers, polymers, European businesses first appeared on AltAssets

New global private equity leader at EY named, following Saenz’s switch to industry beat

Professional services giant EY has named Bill Stoffel as its new global private equity leader. The post New global private equity leader at EY named, following Saenz’s switch to industry beat first appeared on AltAssets Private

Massive expansion planned by Asian gas distributor AG&P after I Squared Capital investment

Asia-based natural gas distribution business AG&P City Gas has picked up about $200m as from I Squared Capital as part of a massive planned expansion at the business. The post Massive expansion planned by Asian

Private equity said to circle yet another UK supermarket major, Sainsbury’s deal could exceed £7bn

Sainsbury's has reportedly become the latest UK supermarket to be the target of a multibillion-pound private equity buyout, with a string of firms said to be circling the retailer. The post Private equity said to

Debt, secondaries specialist Star Mountain raises $290m SBIC fund

Debt and secondaries investor Star Mountain Capital has raised more than $290m for the final close of its latest SBIC fund targeting the US lower mid-market. The post Debt, secondaries specialist Star Mountain raises $290m

Diverse founders, women targeted by Non Sibi Ventures as firm launches $50m debut fundraise

A new venture capital firm with a core focus on backing women and diverse founders is eyeing up to $50m for its debut fundraise. The post Diverse founders, women targeted by Non Sibi Ventures as

Arthur Ventures eyes big fundraising jump, could raise up to $225m for Fund IV

Early-stage US investment firm Arthur Ventures is eyeing up to $225m for its fourth fundraise. The post Arthur Ventures eyes big fundraising jump, could raise up to $225m for Fund IV first appeared on AltAssets

New Zealand VC firm GD1 hits NZ$130m Fund III first close, pushes towards NZ$160m hard cap

New Zealand venture capital firm Global From Day 1 has surged to a NZ$130m first close for its third fundraise, more than double its initial first close target. The post New Zealand VC firm GD1

Bullish optimism boosting ‘unicorn’ stocks is more like delirium

Recent years have seen an explosion of so-called unicorns, startups with pre-IPO valuations larger than $1bn — which is a lot of money to pay if the unicorns have been losing money year after year.

Spac fintech backed by celebrities Leonardo DiCaprio and Orlando Bloom

California-based Aspiration offers what it calls “sustainability as a service”

Private equity keeps the Spac train running

Fundraising for special purpose acquisition companies has slowed after a record year. But appetite for blank-cheque companies remains high among buyout groups

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