Warburg Pincus related stories
All articles and analysis
Matrix sells TCNS to TA for $140mThe New-Delhi based company was sold to Boston-headquartered private equity firm TA Associates.
- Adams Streets' Smits to lead Newton
Ex-Adams Street Partners CIO Hanneke Smits, who established and grew Adams Street’s business in Europe and Asia, replaces Helena Morrissey at the London-based investment manager.
- Warburg Pincus to commit $255 mln to BlueGrace
Warburg Pincus has agreed to invest $255 million in BlueGrace Logistics. Hyde Park Capital advised BlueGrace on the transaction. Based in Tampa, Florida, BlueGrace is a third-party logistics provider.
- Warburg leads $220 mln round for Mosaic
Mosaic has raised $220 million in equity financing led by Warburg Pincus. Core Innovation Capital and Obvious Ventures also participated in the round. Oakland, California-based Mosaic provides financing to homeowners to purchase rooftop solar systems. Guggenheim Securities LLC acted as Mosaic’s placement agent in connection with the transaction.
- Go-Jek raises over $550 mln from KKR, Warburg: UPDATED
Go-Jek, of Indonesia, has raised more than $550 million in a round of funding from KKR & Co and Warburg Pincus, Bloomberg News reported http://www.bloomberg.com/news/articles/2016-08-04/go-jek-said-to-raise-over-550-million-in-kkr-warburg-led-round Farallon Capital Management and Capital Group Private Markets also participated in the round, the story said. Go-Jek provides motorcycle rides on demand. UPDATE: KKR in an Aug 4 statement, confirmed the more than $550 million fundraise by Go-Jek. Investors include KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets, as well as existing shareholders and other international investors.
London's Eight Roads bolsters teamLondon-based Eight Roads Ventures has appointed Michael Treskow as a partner. He will focus on fintech, enterprise software and mobile businesses.
- AlliedBarton completes merger with PE-backed Universal Services of America
AlliedBarton Security Services, a portfolio company of Wendel SE, has merged with Universal Services of America, a portfolio company of Warburg Pincus and Partners Group. According to terms of the transaction, Wendel received $388 million in cash and a minority stake (33 percent) in Allied Universal. The combined company will operate under the AlliedUniversal brand and remain based in Santa Ana, California and Conshohocken, Pennsylvania. AlliedUniversal is a facility services company.
- Chart of the week: Optimism in the energy market
Investors appear upbeat about the future of the sector, despite a fall in fundraising for energy-specific funds in 2016.
Top H1 Canadian private equity deals collect $7.8 blnCanada’s top 10 first-half private equity deals had disclosed values of more than $7.8 billion, suggesting market activity in 2016 may be frothier than previously expected. Preliminary Thomson Reuters data show dollar flows for all deals surpassing the $10-billion-dollar mark at the end of June, up from $7.8 billion in the first half of 2015.
- Quikr buys VC-backed white collar jobs hiring platform Hiree
Quikr has acquired Hiree, an online hiring platform focused on white collar jobs. No financial terms were disclosed. Quikr's investors include Tiger Global Management, Kinnevik, Warburg Pincus, Matrix Partners India, Norwest Venture Partners while Hiree was backed by IDG Ventures.