Angel / Venture
DoorDash is set to deliver SoftBank a big hit

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

Software and Hi-Tech
Balderton leads $15m series-A for Vivenu

Balderton leads $15m series-A for Vivenu

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

bargain
New State Capital picks up overstock, closeout bargains specialist KMS

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.

Manufacturing and Industrial
PE-backed Sortera acquires Vaihtolava

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.

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

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.

Limited Partners
Alpina sells Modula to PE-backed Aptean

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.

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

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

Pharma and Healthcare
Sofinnova, Polaris lead CHF 54m series-A for Noema

Sofinnova, Polaris lead CHF 54m series-A for Noema

Sofinnova Partners and Polaris Partners have co-led a CHF 54m series-A round for Noema Pharma, a Swiss clinical-stage company targeting orphan neurological disorders.

BC Partners
BC Partners ups aggressive takeover offer for G4S through Gardaworld to £3.68bn

BC Partners ups aggressive takeover offer for G4S through Gardaworld to £3.68bn

BC Partners has upped its aggressive takeover offer for UK security business G4S to £3.68bn as its ongoing efforts to buy the company continue.

Oil and Energy
Earth Capital leads £3m round for Propelair

Earth Capital leads £3m round for Propelair

Earth Capital has led a £3m round for toilet system developer Propelair.

Portfolio Company News
SHS sells Puracon to IK-backed Klingel

SHS sells Puracon to IK-backed Klingel

Life-sciences-focused investor SHS has sold its stake in medical technology packaging business Puracon to precision machining business Klingel Medical Metal, a portfolio company of IK Investment Partners.

Software and Hi-Tech
Ace Management leads €20m series-C for EclecticIQ

Ace Management leads €20m series-C for EclecticIQ

Ace Management has led a €20m series-C round for Dutch cybersecurity company EclecticIQ.

Digital Transformation
Livingbridge sells Up Group to Omers-backed Alexander Mann

Livingbridge sells Up Group to Omers-backed Alexander Mann

Livingbridge has sold digital recruitment consultancy The Up Group to trade buyer Alexander Mann Solutions.

Appointments
New IR head at Sun Capital as firm brings in ex-hedge fund partner Griffin

New IR head at Sun Capital as firm brings in ex-hedge fund partner Griffin

Sun Capital Partners has hired Kelly Griffin from hedge fund Caxton Associates as its new head of investor relations.

Software and Hi-Tech
KPS to buy speciality metals producer Hussey Copper from Zohar Funds

KPS to buy speciality metals producer Hussey Copper from Zohar Funds

The private equity firm will be the latest owner in a corporate history that dates back to 1848

Aberdeen Standard Investments
Aberdeen Standard Investments beats infra fundraise goal with €820m final close

Aberdeen Standard Investments beats infra fundraise goal with €820m final close

Aberdeen Standard Investments has beaten its target for its second core infrastructure fundraise through an €820m final close.

Economy
Swiss-based asset management firms grow more positive in their economic outlook

Swiss-based asset management firms grow more positive in their economic outlook

Opalesque Industry Update - Investment experts working at Swiss-based asset management firms are much more positive as regards the outlook for Switzerland 's economy than they were six months ago, according to the latest Swiss

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