QI Tech, a titan in the financial services infrastructure sector in Brazil, has just scaled new heights, achieving the coveted unicorn status following an extension to its Series B funding round. This significant milestone comes just six months after the company raised a whopping $200 million in its initial Series B in October 2023. General […]
HireRight Holdings Corporation (NYSE: HRT), a preeminent provider of global background screening services and workforce solutions, has announced a definitive agreement for its acquisition by investment funds affiliated with General Atlantic, L.P., and Stone Point Capital LLC. The transaction, which sees the Sponsors, currently holding approximately 75% of HireRight’s outstanding common stock, acquiring the remaining […]
General Atlantic, a leading global growth investor, and Actis, a key player in sustainable infrastructure investment, have announced a definitive agreement for General Atlantic to acquire Actis. This deal, pivotal in the investment world, creates a diversified global investment platform with approximately $96 billion in combined assets under management (AUM). Actis: A Track Record of […]
Flint Group, a top-tier home services provider, has announced its latest strategic partnership with renowned global growth investing powerhouse, General Atlantic. This fresh capital injection is poised to turbocharge Flint’s momentum, enriching its service portfolio and reinforcing its ambitions to establish a commanding national platform. Originating from the expertise of industry stalwarts, Collin Hathaway and […]
Private equity firm, Haveli Investments, specializing in technology-focused enterprises, has confirmed a definitive agreement to acquire Certinia, previously known as FinancialForce. The acquisition from Advent International and Technology Crossover Ventures (TCV) stands as a significant stride in Haveli Investments’ portfolio expansion. Certinia’s Services-as-a-Business platform encompasses a wide range of solutions such as Professional Services Automation […]
New York-based global brand owner, Authentic Brands Group, announced that it has received a $500 million primary follow-on investment from its existing investor, General Atlantic, a global growth equity firm. The move signifies Authentic Brands Group’s intention to leverage its ongoing partnership with General Atlantic to fuel its global expansion and speed up its proven […]
PhonePe, an Indian digital payments solutions provider, has secured an additional $100 million investment from global growth equity firm General Atlantic. This investment forms part of PhonePe’s ongoing fundraising efforts and brings the total investment from General Atlantic and its co-investors to $550 million. The infusion of funds is said to further validate General Atlantic’s […]
Indian fintech platform PhonePe has secured an additional $100 million in funding at a $12 billion valuation, as part of the company’s target to raise up to $1 billion in capital. The latest funding, which follows the recent $350 million primary investment from General Atlantic, takes the total funding to $450 million. The new investment […]
Chronosphere, a US-based cloud observability platform provider, has secured an additional $115 million Series C funding, to take its total funding to $343 million, and snowballing its valuation to $1.6 billion. The company anticipates to use the proceeds from the round to support its continued innovation and market strategy for its cloud-native observability platform. The […]
Reliance Health, a Nigerian digital healthcare provider, has raised $40 million in a Series B funding round led by growth equity investor General Atlantic. The funding round also saw the participation from Partech, Tencent Exploration, Picus Capital, Asia Africa Investment and Consulting (AAIC), Laerdal Million Lives Fund, M3, Inc., P1 Ventures, and Arvantis Social Foundation. […]