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Msp Wavenet Changes Pe Hands From Beech Tree To Macquarie Capital | Crn
KCOM owners to take over at Wavenet after seven years of Beech Tree Macquarie Capital has agreed to purchase cloud telecoms, IT and technology MSP Wavenet from private equity firm Beech Tree. Beech Tree invested in Wavenet back in 2016, overseeing its growth from a £14m turnover business to over £60m in 2021 through a mixture of acquisitions and organic growth. The Wavenet transaction follows other Macquarie Capital investments in UK medium-sized businesses such as Glasgow-based Energetics and Yorkshire-based Premier … Full investment news article
Softbank-backed Oyo Seeks $600-million Loan Amid Virus Surge: Report | Business Standard News
Funds sought by hotel startup to bolster balance sheet, service older loans. : India’s Oyo Hotels is looking to raise $600 million in debt to bolster its finances, according to a person familiar with the matter, after a fresh coronavirus surge decimated travel demand and hurt the company’s recovery effort. The board of Oyo, or Oravel Stays Pvt as the parent company is officially called, approved a plan for an institutional term loan at meetings over Wednesday and Thursday, the … Full investment news article