Category: Private Equity

myfisensemyfisenseSeptember 9, 2021
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NEW YORK, Sept 9 (Reuters) – Private equity firm Insight Partners has agreed to acquire about a 40% stake in NMI, a payments platform owned by buyout firms including Francisco Partners, according to people familiar with the matter. The deal values NMI at around $1.55 billion, including debt, and will reduce Francisco Partners’ stake in […]

myfisensemyfisenseSeptember 9, 2021
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Indonesian conglomerate Djarum Group-owned Sarana Menara Nusantara plans to acquire a majority stake in the country’s telecommunication tower operator PT Solusi Tunas Pratama Tbk (STP) through its subsidiary, according to a stock exchange filing. Following the transaction, global private equity firm Carlyle Group will exit STP, which was its first investment in the country. The […]

myfisensemyfisenseSeptember 8, 2021
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2min00
LONDON (Reuters) – JPMorgan has struck a deal to buy a majority stake in German car giant Volkswagen’s payments business ahead of a planned rollout of in-car technology that allows drivers to automatically pay for fuel or tolls. The U.S. bank has agreed to buy close to 75% of Volkswagen Payments S.A. for an undisclosed […]

myfisensemyfisenseAugust 31, 2021
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South Korean fintech company Kakao Pay Corp cut its planned initial public offering (IPO) target to up to 1.5 trillion won ($1.29 billion) from a previously announced 1.6 trillion won, it said on Tuesday. The adjustment from the company backed by Chinese e-commerce company Ant Group follows a Financial Supervisory Service (FSS) request for it […]

myfisensemyfisenseAugust 31, 2021
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Korean buyout firm VIG Partners has acquired a controlling stake in BioEnergyFarmAsan, the largest private waste-to-energy facility operation in South Korea, for over $100 million. BioEnergyFarmAsan is a portfolio company of IMM Investment Corp, a major investment firm in Korea that focuses on venture capital, mezzanine, and infrastructure. Established in February 2012, the waste-to-energy facility is capable of […]

myfisensemyfisenseAugust 31, 2021
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Xponentia Capital, floated by Ajay Relan of CX Companions and two different personal fairness trade veterans, has marked the final close of its first fund at ₹400 crore. The final close of the fund was made earlier this yr, stated P.R. Srinivasan, Xponentia Capital’s designated accomplice. Xponentia Capital had not formally disclosed its goal corpus, folks […]

myfisensemyfisenseAugust 27, 2021
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The European Union is set to launch a formal investigation into Nvidia’s (NVDA) $54bn (£39bn) takeover of British technology company Arm amid competition concerns. The probe is expected to open in early September after the US chipmaker officially notifies the European Commission of its plan, it has been reported. The submission is likely to occur […]

myfisensemyfisenseAugust 26, 2021
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Personal fairness key Blackstone has entered into an settlement to get two wholly-owned subsidiaries of Indian outlined developer TARC Ltd for a consideration of about $40 million (Rs 295 crore). Underneath the agreement, BREP Asia II EIP Keeping Pte. Ltd, a Blackstone affiliate, will acquire Goodluck Buildtech Non-public Minimal and Anant Raj Hotels Confined (ARHL). Blackstone will spend the […]

myfisensemyfisenseAugust 25, 2021
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Bitcoin infrastructure firm Blockstream has raised USD210 million as part of a Series B financing on a valuation of USD3.2 billion. Investors include Baillie Gifford and iFinex. The new funding comes alongside the acquisition of Spondoolies’ intellectual property, and the core team joining Blockstream to build Blockstream’s ASIC arm. Spondoolies is a bitcoin mining hardware […]

myfisensemyfisenseAugust 20, 2021
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Adobe announced today it is acquiring Frame.io, a video review and collaboration platform used by over a million customers, for $1.275 billion in cash. Founded in 2014 by post-production company owner Emery Wells and technologist John Traver, New York-based Frame.io was created to solve the workflows challenges filmmakers faced in their daily lives. Today, the Frame.io platform helps […]

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