Browsing: Private Equity Deals
Yieldstreet seeks $75-$100 million in new funding as the investment platform weighs sale
Investment firm Yieldstreet, which made its name offering alternative assets like art and fine wine, is raising another round of…
As plumbers and other trades take off, this PE-backed firm sees deals for ‘life-changing generational wealth’
Gen Zers choosing trade schools over college to avoid debt and score six-figure jobs may not realize how lucrative their career paths…
Billionaire investor Marc Lasry accuses ex-employee of blackmailing him after he rejected her
Billionaire chief executive and chairman Marc Lasry is suing ex-employee Gina Strum, alleging she carried on a decade-long campaign of…
Vista’s Robert Smith says enterprise software firms will be among the last to profit from AI—but that the gains will be huge
Robert Smith, the founder, chairman and CEO of Vista Equity Partners, believes that software companies will be the ultimate beneficiaries…
Red Lobster’s new CEO said the seafood chain’s endless shrimp offering caused an all-you-can-eat chaos
Red Lobster has had a fishy few months. In May, the seafood chain filed for bankruptcy after more than 50…
Thoma Bravo closes $5.3 billion Darktrace acquisition weeks after founding investor Mike Lynch’s death
Thoma Bravo has completed its $5.3 billion acquisition of British cybersecurity group Darktrace, ending a tumultuous takeover rocked by the…
AT&T is selling its majority DirecTV stake to private equity firm TPG Partners for $7.6 billion
AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication…
NFL team owners approved a measure to allow private equity firms to take an ownership stake in franchises. The vote…
Massachusetts throws $30 million at bankrupt for-profit hospital operator to keep six medical centers running
Massachusetts has agreed to provide about $30 million to help support the operations of six hospitals that Steward Health Care…
Investor who started a firm with only $250 to get $7 billion richer after slicing off a stake to sell to private equity
Finance billionaire Ken Fisher’s net worth is poised to rise by $7 billion following the sale of a minority stake…