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Category: Software and Hi-Tech

The Craftory invests $20m in Present Life

Venture capital investor The Craftory has invested $20m in wellness and beauty company Present Life.

Q2 Barometer: Coronavirus ravages European M&A market

The latest issue of the Unquote Private Equity Barometer, which charts the unfolding impact of the Covid-19 crisis on Q2 statistics, is now available to download

DBAG acquires Congatec

Deutsche Beteiligungs AG (DBAG) has acquired a majority stake in robotics and computing components producer Congatec from the company's founding shareholders.

DIF invests £25m in 4th Utility

DIF Capital Partners has invested £25m in broadband provider 4th Utility.

Founder of Vista Equity Partners Robert Smith investigated for potential tax crimes

Robert Smith, founder of private equity firm Vista Equity Partners, is seemingly under investigation by the US Justice Department, according to a Bloomberg report. The publication has spoken with four sources familiar with the matter

Waterland acquires majority stake in Modstrøm Danmark

Growth investor Waterland Private Equity has acquired a majority stake in Danish electricity supplier Modstrøm Danmark.

Adelis acquires majority stake in Red Ocean Technology

Swedish private equity firm Adelis has acquired a majority stake in Norwegian IT company Red Ocean Technology, which has now been renamed Kanari.

Visa gains approval for $5.3bn takeover of data-sharing firm Plaid

CMA gives green light after concluding the UK's fintech scene has plenty of competition for non-card e-payments

Buyout firms risk becoming chief villains of the pandemic

There is a good argument that PE-owned firms deserve the same help as everyone else. But is it wise to take it?

Blackstone Group to acquire Ancestry.com

Private equity firm Blackstone Group is reportedly about to acquire genealogy provider Ancestry.com in a $4.7bn deal. The deal will include debt and would mark the first acquisition made from Blackstone’s Blackstone Capital Partners VIII

Rainmakers: Waterland may be the best PE firm you’ve never heard of

The top-performing Dutch firm is weathering the Covid-19 pandemic in Britain by sticking to its convictions

AMB :- Professional investors adopt lower risk, lower return strategies amid coronavirus crisis

Laxman Pai, Opalesque Asia: The coronavirus crisis has led to a significant shift in the investment strategies of European institutional real estate investors, said a study. 58% of the 150 professional investors in Germa...Article Link

Virgin Islands Will Subpoena Billionaire Investor in Epstein Case

The territory’s attorney general wants to know more about Leon Black’s dealings with Jeffrey Epstein, who died while facing sex-trafficking charges.

The Resurgence of SPACs: Observations and Considerations

Posted by Andrew R. Brownstein, Andrew J. Nussbaum, and Igor Kirman, Wachtell, Lipton, Rosen & Katz, on Saturday, August 22, 2020 Editor's Note: Andrew R. Brownstein, Andrew J. Nussbaum, and Igor Kirman are partners at

CORE Consolidates Industry 4.0 Platform

Midwest Composite Technologies, a portfolio company of CORE Industrial Partners, has acquired GPI Prototype & Manufacturing Services. CORE has been actively assembling a 3D prototyping and low-volume production services platform since its buy of Midwest

Arcline Acquires Another Elevator Services Company

Arcline Investment Management has acquired Jersey Elevator, a New Jersey-based provider of elevator maintenance services. Jersey Elevator’s services include elevator maintenance, modernization, and installation to customers in New Jersey and Pennsylvania. The company was founded

TCF Backs Cathay’s IOP Add-On

Innovative Office Products, a portfolio company of Cathay Capital Private Equity, has acquired SiS Ergo with backing from TCF Capital Funding. TCF provided just over $80 million of secured financing and was the sole lead

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