Latest News
Software buyout firm Thoma Bravo has agreed a $2.3 billion all-cash deal to take ForgeRock private just over a year after the digital identity management company went public, according to a report by Reuters.
ForgeRock shareholders will receive $23.25 for each share held, which represents a premium of about 53.4% to the stock’s last closing price. The company’s stock has been trading well below its $25 per share IPO price having fallen over 43% so far in 2022.
Prior to its public listing in 2021, ForgeRock had raised over $230 million in growth capital from investors, including Accel, KKR &
A group of private equity investors led by Evergreen Coast Capital Corp, an affiliate of Elliott Investment Management, and Brookfield Business Partners has completed the acquisition of US-based information, data and market measurement firm Nielsen Holdings in a $16 billion all-cash deal.
Nielsen shareholders will receive $28 per Nielsen share in cash in accordance with the terms of the transaction. With the completion of the transaction, Nielsen’s shares will no longer trade on the New York Stock Exchange beginning 12 Oct, 2022.
Elliott has owned a stake in Nielsen since 2018 and was critical about its financial performance in 2020. Pressure from Elliott
One Equity Partners (OEP), a middle market private equity firm, is to acquire UK‐headquartered engineering consultancy and infrastructure services provider Amey plc from Ferrovial, SA.
Founded in 1921, Amey is a top‐five contractor to the UK’s government and public sector, with a 100‐year history in engineering design, construction, maintenance, and project management of critical national infrastructure assets.
Amey’s core markets are transport infrastructure and government buildings, and its competencies cover engineering and systems design, data science, analytics and digitalisation and a broad range of technical and more basic contracting services. The Company has approximately 11,000 employees across 200 locations in
Airwallex, a global fintech platform, has closed its $100 million Series E extension (Series E2) with the same $5.5 billion valuation, securing additional funds from existing investors Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures and Tencent.
HostPlus, an Australian industry superannuation fund, as well as a leading North American pension fund also participated in this round. The extension takes Airwallex’s total funding to more than $900 million.
Melbourne-founded Airwallex accelerated its international expansion in 2021, successfully extending its reach across Europe, North America and Asia Pacific, serving three of the largest e-commerce markets
Francisco Partners (FP), an investment firm that specialises in partnering with technology businesses, has added Paul Cormier, Matt Dircks, Joe Kim and Dr Ford Tamer to its operating team, Francisco Partners Consulting (FPC), as Senior Operating Partners.
FPC now has over 40 operating executives that are providing value-creation support to FP portfolio companies.
Cormier, Chairman of Red Hat, continues in that role while also joining FPC as a Senior Operating Partner. Cormier became Red Hat’s Chairman in July 2022 after most recently serving as the company’s President and CEO.
Dircks joins FPC after serving almost nine years as CEO of
Golding Capital Partners is expanding its product range with the launch of Golding Energy Transition 2022, a €300 million fund which will focus on investments aimed at helping achieve the goals defined by climate agreements.
The global investment strategy of the new fund is to build a broadly diversified portfolio by the end of 2024, which will consist of around 10 funds and up to 20 per cent co-investments. The focus will be on European (60 per cent) and North American (40 per cent) investments in solar and wind energy, energy storage technologies, and other technologies that enable and advance
Singulier, a Franco-British strategy consulting firm, has launched Holis, a data analytics platform intended to deliver insights to private equity investors and drive more effective decision-making throughout the investment cycle.
In an environment where rising interest rates have made private equity firms more cautious and selective, Holis will help investors secure a deeper understanding of their targets and bulletproof their investment theses. It will also assist funds in monitoring the performance and improvement of their portfolio companies.
Holis mixes, analyses, and corrects multiple data sources to quickly and cost-effectively generate sound assumptions to build upon for general partners. The platform
Thomas H Lee Partners (THL), a private equity firm investing in middle-market growth companies, has appointed Paul Black as a consultant for the firm’s healthcare investment group.
Black, who brings more than 25 years of experience leading companies in healthcare information technology (Healthcare IT), will support the team’s efforts in identifying, sourcing, and growing investment opportunities across the healthcare market.
In this role, Black will support the healthcare group in deal sourcing, due diligence for potential investments, and developing new relationships with founders and management teams across the healthcare landscape. He will also serve as an advisor to portfolio companies
Wynnchurch Capital (Wynnchurch), a middle-market private equity firm, has added Andrew Singer as Principal, and Rohan Shah, Annie Masciopinto, and Peter Alexander as Associates in its investment team.
In addition, the finance and administration teams have also been expanded with the appointments of Julia Pollex, Jackie Hurley, and Alexandra Zieminski.
Singer previously served as a Principal at Pamplona Capital Management, where he led and executed transactions for over 9 years. Prior to Pamplona, he worked in the M&A practice at BofA Merrill Lynch, concentrating on branded consumer and retail transactions.
Shah previously served as an Analyst in the M&A investment
Data is yet to capture the full extent of the ‘valuation reset’ across late-stage VC, while lower valued early-stage start-ups could face consolidation…
Late-stage VC has been hit hardest by the reset in valuations, with the number of high-profile examples snowballing through 2022.
At one point last year, payments start-up Stripe was the most highly valued VC investment in the US. Last month its valuation was slashed by 64% by one investor. Weeks earlier, valuations were cut at Swedish buy-no-pay-later fintech Klarna, following delivery app Instacart before it.
“The startups that enjoyed sky high valuations based on hype and ‘FOMO’
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
