BlackRock-backed THG to launch £920m IPO
BlackRock-backed online retailer The Hut Group (THG) has confirmed its intention to proceed with an initial public offering to raise gross proceeds of around £920m.
BlackRock-backed online retailer The Hut Group (THG) has confirmed its intention to proceed with an initial public offering to raise gross proceeds of around £920m.
Tectonic Ventures is back in the fundraising market looking to raise up to $75m for its sophomore investment vehicle.
Xfund - the early-stage firm launched by a clutch of the biggest venture capital firms in the US - has sealed a successful $120m fund close for its third flagship investment vehicle.
BFG Partners, a venture capital firm specializing in early-stage food, beverage and consumer products, has sold Birch Benders to Sovos Brands, a food company backed by private equity firm Advent International.
Venture capital-backed Brazilian challenger bank Nubank has reportedly raised $300m in new funds, according to a filing with the US Securities and Exchange Commission.
Overall, private equity and venture capital funds focused in the region ended 2019 with a record $1.29tn in assets under management, up 34% from 2018.
Laxman Pai, Opalesque Asia: Asia-Pacific (APAC)-focused private equity and venture capital (PEVC) assets under management (AUM) reached a record-high $1.3tn as of December 2019, a 34% increase from a year prior, said a ...Article Link
KICTeam, a portfolio company of Inverness Graham since May 2020, has acquired Teknipure, a maker of c. Teknipure is a manufacturer and distributor of products used to prevent, control, and remove contaminants from cleanrooms and
Applied Composites, a portfolio company of AE Industrial Partners (AEI), has acquired Alliance Spacesystems, a manufacturer and designer of composite structures used in satellite and aerospace applications. Alliance’s activities include the fabrication, assembly, and testing
Monroe Capital provided financing for last month’s buy of GPI Prototype & Manufacturing by Midwest Composite Technologies (MCT), a portfolio company of CORE Industrial Partners. Monroe is an active provider of senior and junior debt
Novo Seeds has led a €1.9m seed financing round for natural food colourant developer Chromologics, with support from Nordic FoodTech VC and Vækstfonden.
Online plus-size women's fashion retailer Navabi – backed by Verdane, Index Ventures, Seventure Ventures and DuMont, among others – is to be acquired by its founders.
Cloudentity, a provider of application security and identity-aware authorisation, has closed its Series A round on $13m.
Bain Capital was among investors in the latest investment round for digital asset infrastructure specialist Zero Hash.
Trive Capital has formed NuBridge Commercial Lending to make first-lien, short-term bridge loans for commercial and multifamily properties across the United States. NuBridge will target loans that are between $1 million and $10 million with
Claris Ventures has held a €30m first close for its debut fund, Claris Biotech I, which is dedicated to investments in biopharmaceutical startups in pre-clinical phase.
Upfront Ventures and IA Ventures have led the $15.1m series-A round for marketing infrastructure company InfoSum.
Posted by Will Gornall (University of British Columbia), on Tuesday, September 1, 2020 Editor's Note: Will Gornall is Assistant Professor of Finance at the Sauder School of Business at the University of British Columbia. This post
