In a significant move within the financial services sector, Fisher Investments (“FI”) has announced a landmark minority investment by Advent International (“Advent”) and a subsidiary of the Abu Dhabi Investment Authority (“ADIA”). The investment, ranging between $2.5 billion to $3 billion, pegs the valuation of Fisher Investments at a remarkable $12.75 billion. This infusion of […]
Abu Dhabi Investment Authority’s wholly-owned subsidiary is set to make a significant investment of ₹4,966.80 crore into Reliance Retail Ventures Limited (RRVL), a prominent subsidiary of Reliance Industries Limited. With a valuation setting RRVL’s pre-money equity at an impressive ₹8.381 lakh crore, this places the retail titan among India’s top four equity-valued companies. This fresh […]
Centerbridge Partners and GIC Real Estate have completed the acquisition of INDUS Realty Trust, a real estate investment trust (REIT) focused on industrial/logistics properties, in a merger deal worth $868 million. The acquisition by affiliates of Centerbridge Partners, a global private investment firm specializing in real estate, and GIC, a global institutional investor, was previously […]
Aditya Birla Capital Limited (ABCL), the holding company for the financial services businesses of the Aditya Birla Group, has wrapped up an impressive fundraise of Rs 3,000 crores, marking a new milestone in the company’s journey. The funds were raised through a Qualified Institutional Placement (QIP) of equity shares for Rs 1,750 crores, as well […]
Univar Solutions, an American specialty chemical and ingredient distributor, has agreed to be acquired by funds managed by affiliates of Apollo (Apollo Funds) in an all-cash deal worth around $8.1 billion. The deal includes a minority investment from one of the fully-owned subsidiaries of the Abu Dhabi Investment Authority (ADIA). It will be funded with […]
Thoma Bravo, an American software investment firm, has agreed to acquire Coupa Software, a cloud-based business spend management platform listed on Nasdaq, for an enterprise value of $8bn. Coupa Software platform integrates processes across supply chain, procurement, and finance functions as well as enables enterprises to maximize value and operationalize purpose through their business spend. […]
Cyber security company McAfee has signed a deal worth over $14 billion to be acquired by an investor consortium led by Advent International and others. The other investors in the buying group are Permira Advisers, Canada Pension Plan Investment Board (CPP Investments), Crosspoint Capital Partners, GIC Private Limited, and a fully-owned subsidiary of the Abu […]
Indian conglomerate Reliance Industries announced securing a further investment of INR 56.83 billion ($752 million) for its digital services platform Jio Platforms from a fully-owned subsidiary of the Abu Dhabi Investment Authority (ADIA). The new investment values Jio Platforms at an equity value of INR 4.91 lakh crore and an enterprise value of INR 5.16 […]