Bluepeak Private Capital Raises $115M For Flagship Fund - Businessday Ng
BluePeak Private Capital, an alternative investment firm with a focus on Africa, announced Tuesday that it has raised capital of $115 million for the initial closing of its flagship private credit and mezzanine fund, BluePeak Private Capital Fund. The Fund targets a final close of US$200 million, with a hard cap of US$250 million. “I […]
Clearlake Capital To Buy Quest Software For A Reported $5.4B
'We believe Quest is well-positioned to capitalize on emerging growth trends in identity-centric cybersecurity, data intelligence and IT operations management software,' say Clearlake's Prashant Mehrotra and Paul Huber. Clearlake Capital has agreed to purchase Quest Software for a reported $5.4 billion including debt after a half-decade of being owned by Francisco Partners. The Aliso Viejo, Calif.-based cybersecurity, data intelligence and IT operations management software provider will continue to be led by Patrick Nichols, who has served as CEO since April 2020. Terms of the transaction weren't disclosed, although The Wall Street Journal reported the $5.4 billion purchase price Sunday.
Twitter Ceo Jack Dorsey Steps Down, Parag Agrawal Takes Over
Chief Technology Officer Parag Agrawal will take over as Twitter CEO. : Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021 Jack Dorsey, the co-founder and CEO of Twitter Inc., is stepping down, ceding the position to the company's Chief Technology Officer Parag Agrawal. The move is effective immediately, though Dorsey will stay on the board of the social media company until his term expires in 2022, Twitter said in a statement Monday.
Clearlake Capital Bulks Up Software Portfolio With Quest Deal - Cna
Clearlake Capital Group said on Monday it would buy Quest Software from Francisco Partners, as the investment firm seeks to tap into the pandemic-spurred surge in demand for enterprise software and cybersecurity tools. The deal values Quest at US$5.4 billion, including debt, a source familiar with the matter told Reuters. Quest, which counts companies like Microsoft Corp, Ford Motor Co and Merck & Co as its customers, provides solutions spanning from database management to data protection to IT departments.
Ingenovis Health To Acquire Healthcare Support
CINCINNATI and GREENWOOD VILLAGE, Colo., Nov. 29, 2021 /PRNewswire/ -- Ingenovis Health, Inc. ("Ingenovis" or the "Company"), a leading tech-enabled platform for healthcare staffing backed by private investment firms Cornell Capital and Trilantic North America, today announced that it has...
Healthcare & Life Sciences Private Equity Deal Tracker: Bain Capital To Invest In Innovacare Health | Mcguirewoods Llp
Bain Capital Private Equity has announced it will acquire a majority stake in InnovaCare Health. InnovaCare, based in White Plains, N.Y., is a provider of integrated and value-based healthcare services....By: McGuireWoods LLP.
Capital Square 1031 Acquires 4.5-star, 55+ Manufactured Housing Community In Lakeland, Florida | Benzinga
TAMPA, Fla., Nov. 29, 2021 /PRNewswire/ -- Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for Section 1031 exchange and other accredited investors, announced today the acquisition of a 4.5-star, 55+ manufactured housing community in Lakeland, Florida. The community was acquired on behalf of CS1031 Twin Palms MHC, DST. "This is Capital Square's tenth acquisition of age-restricted manufactured housing communities in Florida," said Louis Rogers, founder and chief executive officer of Capital Square. "These are among the most desirable assets in the nation due to their scarcity, stability and low operating costs.
India's New Unicorn,fintech Firm Slice Led By Tiger Global And Insight Partners. - Ibtimes India
Slice is a credit card challenger to pay bills, manage expenses and get rewards. : Fintech company Slice on Monday announced it has become India's new unicorn with raising $220 million in a Series B round, which values it at over $1 billion. The round was led by Tiger Global and New York-based global private equity and venture capital Insight Partners. Slice (Written as slice) is a credit card challenger to pay bills, manage expenses and unlock rewards.
Seven Trends That Indicate It's A Seller's Market For Advisors
A year of extraordinary success has put advisors and independent business owners in the driver's seat. : Despite the mark that COVID-19 continues to leave on the economy and the world over, there's good news to report as we make our way out of 2021: Advisors crushed it. A year of extraordinary success--in how advisors increased revenue, creatively served clients and managed their business lives--set forth another evolutionary shift in the wealth management industry that rose out of 2020 and laid a solid foundation for 2021.
Indian Fintech Slice Raises Us$220 Million, Hits "unicorn" Status - Cna
NEW DELHI : Indian fintech company Slice said on Monday it had raised US$220 million in a Series B funding round led by investment giant Tiger Global and private equity firm Insight Partners that valued the company at more than US$1 billion. New and existing investors, including private equity firm Advent International's affiliate Sunley House Capital, investment firm Moore Strategic Ventures, Japan's Gunosy Capital and India's Blume Ventures, also participated in the round, Slice said.
Blackrock, Canada Pension Buy More Of Paytm Stocks
Shares of Paytm which have been recovering from the initial lows, have witnessed demand from major institutional investors after its...