Milana Vinn
Vector to receive over $1 bln for Corel Vector took Corel private twice, in 2003 and 2010 Last LBO was valued at $210 mln Vector Capital is selling Corel Corp again and this time the buyer is KKR, according to a source. Corel is expected to fetch more than $1 billion, the person said. UBS is […]
Cornwell was a team lead on sale of Perform to Vista Equity Deregulation in sports betting creates opportunity for M&A Sports data companies trade at high multiples K. Don Cornwell is a partner at PJT Partners, focused on media and entertainment, specifically sports and gaming. Most recently, Cornwell led the PJT team that represented Perform and its parent, […]
Invests in tech companies outside Silicon Valley The firm already invested $65 mln across 3 deals Two more deals close to completion Wavecrest Growth Partners is looking for business-to-business tech deals outside Silicon Valley with a fresh pool of capital from its debut fund. The Boston private equity shop, co-founded in 2016 by former Bain Capital […]
Firm made three platform deals out of Fund II Eyes more platforms, add-ons in B2B IT Fund II started investing in Feb. 2018 Strattam Capital deployed about a quarter of its second fund into three platform deals as it closed the pool this month on $230 million. The Austin firm takes control positions in founder-led IT […]
TCV plans to begin investing Fund X this quarter Fund exceeded target by $500 mln Firm seeks companies outside usual U.S. tech centers Technology Crossover Ventures has a fresh pool of $3 billion for what it sees as a great opportunity to buy into tech-enabled consumer and business and enterprise technology companies, Nathan Sanders, COO and general […]
Finland’s Wartsila and U.S. peer Cummins are interested in potentially buying General Electric’s (GE) 3 billion euro ($3.6 billion) distributed power operations, which GE is looking to sell to bolster its finances, sources told Reuters.
Private equity-backed Siccar Point is seeking to sell up to half its stake in a major North Sea oil project led by Chevron (CVX.N), sources told Reuters.
Australian pallets and container company Brambles Ltd (BXB.AX) said on Tuesday it will sell CHEP Recycled, its recycled whitewood pallets business in North America, to Grey Mountain Partners for an enterprise value of $115 million.