Plaid Technologies Inc is discussions to raise $200 million and is in talks with parties including Kleiner Perkins Caufield & Byers, Bloomberg reported. Plaid makes developer tools that powers financial apps like Venmo and Coinbase, the story said. Business Insider said Plaid is raising funding that values the company at $2 billion.
1 min read · 22 October 2018
Equistone Partners Europe said Oct. 22 that it submitted a binding offer to Groupe Go Sport to buy Courir. The equity value of the offer is 283 million euros ($325.67 million). Courir provides sports footwear through 248 stores in France and 29 abroad, including two in Spain.
2 min read · 22 October 2018
Tiger Global’s latest venture capital fund has raised $3.75 billion, the Financial Times reported. The fund, Private Investment Partners XI, was initially seeking $3 billion, the story said. It will focus on consumer internet, cloud and industry-specific software, as well as direct-to-consumer companies in China, India and the US, the FT said.
1 min read · 22 October 2018
Caleres said Oct. 18 that it agreed to buy Vionic Group for $360 million. Vionic, of San Rafael, California, designs and makes speciality footwear and footcare products. Alpine Investors invested in Vionic in 2012.
5 min read · 19 October 2018
David M. Marchick, one of the architects of Carlyle Group’s expansion from a boutique PE firm to a globally traded asset manager, will leave the firm by year’s end, the Washington Post reported. Marchick, 52, is moving to a senior adviser role as Carlyle completes its transition to new leadership, the story said.
1 min read · 19 October 2018
GI Partners is launching a digital infrastructure fund that will invest in assets such as data centers, Bloomberg is reporting. The pool is looking to raise more than $1 billion, the story said.
1 min read · 19 October 2018
Lynn Tilton’s Patriarch Partners is looking to sell Dura Automotive Systems Inc, Bloomberg is reporting. Dura, an auto parts maker, could fetch $1 billion, the story said.
1 min read · 19 October 2018
Warburg Pincus has hired Jefferies to run a process for Navitas Midstream Partners LLC, Bloomberg is reporting. Warburg is seeking $3 billion for the natural gas pipeline and processing company, the story said.
1 min read · 19 October 2018
1 min read · 18 October 2018
1 min read · 18 October 2018