1. Home
  2. AI

Category: private equity

Vista Equity Partners boosts Olive’s valuation to $4bn, a 1.6x increase in just six months

Software and data-focused Vista Equity Partners has driven AI-enabled healthcare provider Olive's valuation to $4bn to continue a massive funding surge for the business since the start of the Covid-19 pandemic. The post Vista Equity Partners

Energy-focused Tailwater promotes three, hires on as Fund IV deployment continues

Energy-focused private equity house Tailwater Capital has promoted Stephen Lipscomb to partner amid a trio of staff moves at the firm. The post Energy-focused Tailwater promotes three, hires on as Fund IV deployment continues first

Implementing regulatory compliance behind 80% of wealth managers struggling to offer private market access – survey

Implementing compliant regulatory processes around cross-border promotion, data management and investor profiling are the main reasons eight out of ten wealth managers struggle to offer clients access to private markets, new data shows. The post

New York pension giant picks one big winner amid $770m of new PE fund commitments

US pension fund giant the New York State Common Retirement Fund has revealed another $770m of private equity commitments across a pair of fundraises. The post New York pension giant picks one big winner amid $770m

Car giant BMW’s VC arm launches $300m second fund eyeing motoring’s sustainable future

Car giant BMW’s hybrid venture capital firm has launched a $300m investment fund targeting early to mid-stage start-ups in the sustainability, transportation, manufacturing and supply chain industries. The post Car giant BMW’s VC arm launches

Canada Goose’s Image Is Challenged by Union Effort

Production of the company’s parkas was once fully unionized, but labor organizers say the owners have taken a harder line in recent years.

EQT to exit Fertin Pharma to Philip Morris International for DKK5.1bn EV after growing EBITDA by almost 50%

European private equity major EQT Private Equity has agreed to sell Fertin Pharma to Philip Morris International for an enterprise value of DKK5.1bn (€685.9m) after growing its EBITDA by almost 50%. The post EQT to

Vauban lauds infra fundamentals amid Covid-19, seals €2.5bn Fund III close

Vauban Infrastructure Partners has hit a €2.5bn hard cap close for its third core infrastructure fund, saying the sector's fundamentals remain strong despite the Covid-19 crisis. The post Vauban lauds infra fundamentals amid Covid-19, seals

Polaris to sell ProData Consult to Axcel after doubling revenue, tripling EBITDA growth

Scandinavia-based Polaris has agreed to sell ProData Consult to fellow private equity firm Axcel after doubling its revenue and tripling its EBITDA through the three-year investment period, AltAssets can reveal. The post Polaris to sell

HarbourVest continues 2021 international expansion with German office launch

The $76bn-managing investment house HarbourVest Partners has launched its second international expansion of the year with the opening of a Frankfurt office. The new German base, which follows the launch of its Singapore office in

Private equity giant TPG said to mull joining fellow heavyweights in public listing

Private equity giant TPG is reportedly considering a public listing which could value the buyout house at about $10bn. The post Private equity giant TPG said to mull joining fellow heavyweights in public listing first

Obama campaign treasurer Nesbitt’s PE firm Vistria raises $2.68bn Fund IV, just a year after Fund III close

Vistria Group has sealed a powerful return to fundraising by striking a $2.68bn hard cap final close for its fourth flagship fund, just 18 months after closing its predecessor vehicle. The post Obama campaign treasurer

Nordic Capital takes pandemic fundraising past €7.3bn with first mid-market Evolution Fund

Nordic Capital has taken its pandemic fundraising to more than €7.3bn through the final close of its first mid-market Evolution Fund. The post Nordic Capital takes pandemic fundraising past €7.3bn with first mid-market Evolution Fund

MML Capital continues 2021 fundraising success, beats Fund VII hard cap to reach €670m close

MML Capital has burst through the hard cap for its seventh flagship fundraise to reach a €670m final close, sealing its biggest investment vehicle yet. The post MML Capital continues 2021 fundraising success, beats Fund

Evoco sells cable laying specialist Plumettaz after huge revenue growth during six-year hold

Swiss private equity house Evoco has agreed a "very successful" sale of high-tech cable laying specialist Plumettaz after six years in its portfolio. The post Evoco sells cable laying specialist Plumettaz after huge revenue growth

China, SE Asia-focused ZWC Partners closes second US dollar fund on $774m

Chinese venture capital investor ZWC Partners has pulled in more than RMB5bn ($774m) to close its second US-dollar denominated fund. The post China, SE Asia-focused ZWC Partners closes second US dollar fund on $774m first

Accel raises more than $3bn across trio of new VC, growth funds

Global venture capital major Accel has closed more than $3bn of new capital across a trio of fundraises. The post Accel raises more than $3bn across trio of new VC, growth funds first appeared on

Eight Roads launches $400m China healthcare investment fund

Former Fidelity Investments arm Eight Roads has launched a $400m China-focused healthcare fund. The post Eight Roads launches $400m China healthcare investment fund first appeared on AltAssets Private Equity News.

Wind Point agrees Pestell Nutrition sale to Barentz after successful growth strategy

Wind Point Partners has agreed to sell animal food and nutrition ingredients provider Pestell Nutrition to trade buyer Barentz International. The post Wind Point agrees Pestell Nutrition sale to Barentz after successful growth strategy first

Genstar, TA combine Compusoft, 2020 Technologies in ‘merger of equals’

Genstar Capital and TA Associates have agreed to merge their portfolio businesses Compusoft and 2020 Technologies. The post Genstar, TA combine Compusoft, 2020 Technologies in ‘merger of equals’ first appeared on AltAssets Private Equity News.

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.