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

Centerview Capital backs distiller Ole Smoky Tennessee Moonshine
Centerview Capital invests in distiller of premium moonshine Ole Smoky Tennessee Moonshine.
Zoomingo receives USD 1.25 million from existing investors
Existing investors pledged USD 1.25 million for Zoomingo's shopping application.
Advantage Rent a Car to seek bankruptcy protection
Advantage Rent a Car was hived off by Hertz to comply with regulatory authorities.
Brentwood Associates affiliate acquires Allen Edmonds Corp.
The leather goods specialist Allen Edmonds Corp is purchased by an affiliate of Brentwood Associates.
Midatech raises GBP10 million through funding round
Midatech's unique biocompatible gold-nanoparticles raised GBP10 million from investors.
Maroc shareholdings bought by Etisalat from Vivendi
Etisalat and Vivendi formalize agreement as to the sale of Maroc shareholdings from Vivendi to Etisalat.
Ford Motor Corp set to expand fifth unit for Middle Eastern and African markets
The fifth global business unit for Ford serving the Middle East and African regions would be headquartered at Dubai, in the UAE.
Spire Capital to make full exit of Just Marketing International for USD 76 million
Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.
Dropbox acquires Sold for USD1.2 million
After seven months since its launch, Sold announced it had been purchased by Dropbox for USD1.2 million.
Private equity firm Lloyds Development Capital invests GBP 22 million in clothing brand Joules
Clothing company Joules scored a GBP 22 million investment from private equity company Lloyds Development Capital.
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