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Category: Software and Hi-Tech

G4S reaches agreement with PE-backed Allied Universal for £3.8bn sale

Despite the announcement, investors bet the takeover fight for the security group is far from over

Monarch Alternative Capital raises $3bn for distressed debt fund

With offices in New York and London, the firm manages around $8.3bn across closed-end, open-end and other vehicles, focusing on distressed and opportunistic credit investments

Bankrupt Ann Taylor owner gets green light for sale to Sycamore Partners

Ascena Retail Group hopes to wrap up the $540m sale out of bankruptcy despite the US Department of Justice objection

Mid Europa Partners carves out Polish arm of software major Sage Group

Central European private equity major Mid Europa Partners has agreed to carve out cloud business management company Sage Poland from The Sage Group.

Moov Financial gets hefty $27m Series A investment led by Andreessen Horowitz

Moov Financial has closed a hefty $27m Series A round, just three months after it raised $5.5m of seed capital.

TGI Fridays owner’s net asset value hit by pandemic

London-based Electra Private Equity said the valuation of its three largest investments--TGI Fridays, Hotter Shoes and Sentinel Performance Solutions--was reduced by £58.4m from September 2019

Child-focused banking app gohenry gets $40m Edison Partners-led funding round

Gohenry, developers of a prepaid card that aims to help children build healthy financial habits, has collected $40m for its latest funding round.

Should retirees looking for better returns consider private equity?

Can buyout firms provide the sort of returns required by people planning their retirement? Maybe, says a recent study.

Opalesque Exclusive: Good Soil Investment Management launches maiden fund

Bailey McCann, Opalesque New York for New Managers: Emmett Peppers, a former salesman at Interactive Brokers and independent investor, has launched a new hedge fund. Good Soil Investment Management's Accelerated Opportunities LP Concentrated ...Article Link

CTAs post strong performance in November as global markets rally

Opalesque Industry Update - CTAs recorded gains across all different strategy styles in November 2020 as global markets rallied, with the broad-based SG CTA Index ending up 1.27%, and SG Trend index positive 1.18% bringing

Watchdog launches probe into TDR and Issa brothers’ takeover of Asda

The UK Competition and Markets Authority has launched its stage one probe into Bellis Acquisition 3, a takeover vehicle formed to conclude the £6.8bn deal

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