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Category: Software and Hi-Tech

Thoma Bravo buys back into Flexera at reported $2.85bn valuation, 12 years after $200m buyout

Thoma Bravo has bought back into TA Associates and Ontario Teachers' Pension Plan-backed IT management business Flexera at a reported $2.85bn valuation.

GED buys four health services

GED Capital has acquired a majority stake in health services Dynamic Science, Pulso, Mederic and Viguera.

Carlyle, Hellman & Friedman launch reinsurance company Vantage Group with $1bn of equity

Private equity majors Carlyle and Hellman & Friedman have taken part in a $1bn investment to launch reinsurance business Vantage Group.

NVM makes four promotions

NVM Private Equity has promoted four members of its team, including three to partner.

Scale Venture Partners closes $600m Fund VII, 50% bigger than predecessor vehicle

Scale Venture Partners has scored a hefty fund size increase through the $600m final close of its seventh flagship investment vehicle.

Alfvén & Didrikson leads $12m round for Klevu

Finnish e-commerce search engine Klevu has raised $12m from venture capital investor Alfvén & Didrikson and existing investors.

GED Capital buys, merges four clinical research, medical education businesses to create new platform

Iberian private equity investor GED Capital has bought four businesses through its GED VI España fund to create a new platform company of integrated services providers covering the needs of the whole drug life cycle.

Ex-GV partner Lo Toney already back with second Plexo Capital fundraise, eyes more than double Fund I total

Plexo Capital, the venture capital house launched by former GV partner Lo Toney, is back with its sophomore fundraise just a year after closing its debut vehicle.

Petco, with $3.3bn of debt, plans an IPO

The listing comes four years after private equity firms CVC Capital Partners and Canadian Pension Plan Investment Board acquired the company for $4.6bn

Arena Investors surges past Covid opportunities fund target to reach $519m final close

Arena Investors has surged past its target for a new special opportunities fund looking to reap returns from Covid-dislocated markets, hauling in $519m for a final close.

Keppel Capital strikes $400m first close for debut Vietnam real estate fundraise

Asian asset manager Keppel Capital has hit a $400m first close for its debut real estate fund focused on Vietnam.

Japan’s ORIX Corp buys 70% stake in UK asset manager Gravis Capital Management

Japan's ORIX Corporation has bought a 70% stake in £3bn AUM fund manager Gravis Capital Management.

F1 Payments recapitalised by York Capital Management alongside growth investment

Fintech F1 Payments has picked up a strategic recapitalisation and growth investment from private investment house York Capital Management.

Cain International snaps up Italian restaurant chain Prezzo

The London-based firm is taking over the business from TPG, which invested over £300m in the business six years ago

ECB’s chief economist defends private calls to bankers after meetings

The calls break with the central bank’s usual practice of delivering information to all market participants at the same time

CVC to acquire RiverStone Europe for $750m

The deal with Canada’s Fairfax Financial Holdings to buy the run-off insurance services business is expected to close early next year

Pennsylvania Pension details the costs of private equity investing

The pension system’s fund managers collected about $427m in fees and expenses last year

Olive Tree Ventures reveals rebrand, Asia push amid $170m fund close

Digital health-focused VC firm Olive Tree Ventures has hit a $170m final close for its latest fundraise amid the firm rebranding itself to OTV.

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