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Category: pandemic

Apollo-backed Chuck E Cheese parent company files for bankruptcy due to coronavirus shutdown

Apollo Global-backed CEC Entertainment, the parent company of novelty restaurant chain Chuck E Cheese, has filed for bankruptcy protection in the wake of the coronavirus crippling its operations.

European private equity slumps to worst half-year since global financial crash amid coronavirus volatility

The Covid-19 pandemic has pushed European private equity deal volume in the first half of 2020 to its lowest level since the global financial crisis, despite a strong initial start to the year, new research

“Never waste a good crisis” – how successful portfolio companies have adapted to the coronavirus pandemic

The coronavirus crisis has raged across the globe for months now - but some businesses were far quicker to adapt to the growing disaster than others. Private debt investment specialist CVI explains how some of

Swedish institutions to target coronavirus-hit businesses with new SEK3.5bn investment company

Swedish pension fund AMF, bank SEB and foundation-backed asset manager FAM have launched an SEK3.5bn investment company to back Swedish businesses struggling to make it through the coronavirus crisis.

Ex-Accel, Sequoia partners hit $450m final close for third Wing Ventures fundraise

Wing Venture Capital has hit a $450m final close for its biggest fund to date, despite having to raise the fund virtually due to the coronavirus pandemic.

Covid-19 “will test private equity industry like never before” as survey predicts distressed deals, private debt rise

More than 90% of private equity fund managers are predicting a rise in the volume of distressed dealmaking over the next 12 months amid the fallout from the coronavirus crisis - but it may not

Sycamore emerges as potential JC Penney saviour, a month after backing out of Victoria’s Secret buyout

Sycamore Partners is reportedly in talks to buy US department store chain JC Penney out of bankruptcy, just a month after backing out of an agreed buyout of troubled fellow retailer Victoria's Secret.

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