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New York
258 posts
CVC paid $1.43bn for PDC Brands in 2017, now it could seek about $2bn for Arthea
CVC explores a potential $2bn sale of Dr Teal's parent Arthea as active beauty dealmaking creates another test of personal-care valuations.
CVD Equipment is cutting its workforce in half. Why is it abandoning new system orders altogether?
CVD Equipment is reducing its workforce by approximately half, stopping new system orders and replacing CEO Emmanuel Lakios as weak bookings force the semiconductor-equipment supplier into a much smaller spare-parts and services model.
W. P. Carey improves Hellweg rent outlook as investment visibility tops $1.9bn
W. P. Carey now has visibility into more than $1.9 billion of 2026 investment volume while improving its Hellweg rent-loss outlook, bringing both portfolio growth and tenant-credit repair closer to the upper end of prior expectations.
J.P. Morgan Asset Management closes U.S. net lease fund with $1.1bn
J.P. Morgan Asset Management has closed its U.S. Net Lease Real Estate Fund II with $1.1 billion of commitments, more than twice its original $500 million target, as institutional investors target long-duration industrial income and sale-leaseback opportunities.
WINT prevented $100m in water damage. Can $36m scale it globally?
WINT has secured $36 million in Series D funding to expand its artificial intelligence water-management platform after reporting more than 1.15 billion gallons of water savings and an estimated $100 million of prevented property damage during 2025.
Harmoni secures $10m Series A to bring context-aware AI to factories
Harmoni has secured a $10 million Series A led by Bessemer Venture Partners to scale HAL and its factory orchestration platform, betting that AI adoption in manufacturing will happen through retrofits as much as through new automated plants.
Saothair Capital buys FIFCO USA from Heineken and restores North American Breweries name
Saothair buys FIFCO USA from Heineken and restores the North American Breweries name, putting Genesee, Labatt and a major US brewery under new ownership.
Polymarket is suddenly worth $21bn, and the hardest question is whether prediction markets are finance or gambling
Polymarket is seeking about $1 billion at a $21 billion valuation, with 1789 Capital committing roughly $300 million. The financing values the prediction-market platform at less than rival Kalshi but implies a paper value of about $4.6 billion for Intercontinental Exchange’s reported 22% stake. The harder question is whether billion-dollar annualised revenue can survive state-level legal battles, market-integrity scrutiny and a shift from speculative trading toward institutional financial infrastructure.
Maed expands Sephora footprint by 36% as self-funded beauty strategy gains traction
Maed is expanding from 80 to 109 Sephora stores without outside funding, testing whether disciplined beauty growth can survive rising inventory needs.
Purple Style Labs has luxury-sized orders and luxury-sized losses, now its Rs 680cr IPO faces the profitability test
Purple Style Labs enters the IPO market with luxury-fashion GMV growing 23% and average orders above ₹75,000, but FY26 losses widened sharply. With most of the ₹680 crore fresh issue directed toward lease liabilities and marketing, investors are being asked to fund the economics of an omnichannel retail model before profitability has been established.