Private Equity

Spotify Raises $1 Billion Through Financing Deal

Music streaming company Spotify raises $ 1 billion deal through financing in the form of convertible debt. TPG rounded the funds together with Dragoneer along with other institutional investors. The deal placed by Goldman Sachs is expected to close on April 2.

Yahoo Potential Buyers Have 14 Days to Present Their Bid

Yahoo potential buyers only have until April 11 to submit their bid. Along with the proposed amount are details on how the purchase would be financed, conditions or approvals to be met and what import..

Israeli investment firms get $665 million in 2016

Israel is witnessing an increasing number of new venture capital (VC) firms coming up. The country registered an inflow of $665 million VC funding during the first two months of the year. Unfazed wit..

Black Bear Diner Secured an Investment From PWP Growth Equity, Aims to Expand Business

Black Bear Diner had secured an investment from private equity fund PWP Growth Equity. The financial backing will be allocated to expand growth and coverage in new and existing markets. The restaurant..

Latest News

British tech entrepreneur Mike Lynch backs augmented reality start-up Taggar
Mike Lynch, who sold software firm Autonomy to Hewlett-Packard for $11 billion, is backing a start-up focused on augmented reality - the ability to overlay information on a real-world background which
Mozido Inc gets $30M in financing round led by unnamed investment advisor
An unnamed Boston-based investment advisor led the USD 30 million financing round for Mozido Inc. The Texas-based mobile payment, shopping and marketing solutions provider also named Ric Duques as Cha
General Motors pours in USD11 million to build new power plant in Indiana
General Motors (GM) is investing USD11 million to build a new source of energy for its Fort Wayne Assembly Plant, a move that will save the company USD5 million a year.
State-backed Fondo Strategico Italiano values Versace at EUR1.1 billion
Fondo Strategio Italiano, one of the bidders for a 20% stake in Versace, is willing to put in a bid valuing the Italian fashion house at EUR1.1 billion. Versace earlier said that it seeks a valuation
Startup's biggest funding comes from family, friends - Fundable
Friends and family of startups were found to be its biggest supporters, shelling out USD23,000 in a business on average, totaling USD60 billion in fresh capital annually, based from data collected by
Rothschild launches UK asset management business, eyes infrastructure debt fund launch next year
After establishing its first merchant bank in the UK, Edmond de Rothschild Group has launched a new asset management business in London to upsize its assets under management and boost its presence in
Italy state lender eyes 3 bln euros from grid assets sale -sources
Italian state lender Cassa Depositi e Prestiti (CDP) expects to cash in around 3 billion euros ($4.1 billion) by June 2014 from the sale of minority stakes in gas and power grid networks, two sources
Gaelectric raises EUR90 million for wind project
Gaelectric has received a funding of over EUR90 million from Irish and German sources for its third operating wind farm project in Dunbeg. Earlier this year, the wind farm company nabbed EUR65 million
US hedge fund sold stake in Britain's Co-op Bank after Paul Flowers scandal
US firm Aurelius Capital Management sold its stake in Britain's Co-operative Bank to London hedge fund Perry Capital days after the private life of the bank's former chairman, Reverend Paul Flowers, w
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