Private Equity

KKR & Cloudera's Memorial Day LBO

Cloudera was once one of the hottest Hadoop startups, but over time the shine has come off that market, and today it went private as KKR and Clayton, Dubilier & Rice, a pair of private equity firms, announced they intended to purchase Cloudera for $5.3 billion. The company has a market cap of around $3.7 billion. This comes just three years after the 2018 merger of Cloudera and Hortonworks for $5.2 billion

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Stripe Reaches $95 Billion Private Valuation

03.15.21 - After a recent fundraising round, Stripe’s valuation has reached $95 billion. The 11-year-old company is among one of the world’s most valuable startups, and it still remains private

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nsight Partners On A Massive $12B Raise

02.15.21 - One of the oldest private investment firms in tech is going on a massive capital raise for a new flagship fund. The New York based firm, Insight Partners, is kicking off the raise within the coming months. The flagship fund is set to launch less than a year after the firm raised $9.5 billion for its last fund. The firm also plans to silo off $875 million exclusively on preferred equity investments

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Private Equity Donuts

10.26.20 - Dunkin' Brands, the parent company of Dunkin' (or Dunkin’ Donuts) and Baskin-Robbins, is in "preliminary discussions" to be acquired by private equity-backed Inspire Brands. The potential deal would see Inspire purchasing Dunkin' Brands at $106.50 per share, the Times first reported, citing two people with knowledge of the negotiations – making the deal worth roughly $8.8 billion

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SoftBank to book $17 Billion Loss on Vision Fund

04.13.20 - SoftBank Group Corp. says it expects its Vision Fund to book an investment loss of ¥1.8 trillion ($16.6 billion) in the fiscal year just ended, in a major setback for the world’s biggest technology fund as well as its charismatic founder, Masayoshi Son. The loss, which the company has blamed on a “deteriorating market environment,” will help push SoftBank into an expected operating loss of ¥1.35 trillion and a net loss of ¥750 billion for the year ended March 31, it said in a news release Monday. Those are some of the worst results in the company’s 39-year history. Those numbers are subject to change as SoftBank completes its annual results, the company said

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