Hints and tips:
...It comes weeks after smaller rival Baker Tilly agreed a $1bn cash infusion from private equity group Hellman & Friedman to fund an acquisition spree, and is likely to further intensify competition in a sector...
...It means that the private equity group’s “equity” infusion was actually just debt placed elsewhere....
...The equity infusion was a critical step in convincing lenders to refinance Finastra’s maturing debts, which included $4.1bn of senior loans maturing in 2024 and a $1.25bn junior loan due in 2025....
...The firebrand Democratic senator Elizabeth Warren has even proposed a Stop Wall Street Looting Act which would make it much harder for a private equity firm like KKR to load a company with debt to finance...
...When the pandemic shuttered the company’s salons, Blue Owl voluntarily amended the loan to forestall a cash crunch and General Atlantic made an over $10mn cash infusion as a concession....
...The fallout was so bad that founder Gabe Plotkin’s old boss Steve Cohen and Citadel’s Ken Griffin stepped in with a capital infusion to save the day. But things haven’t gotten any better....
...It will not involve any fresh equity infusion into the RAC. The breakdown group will issue new debt, in part to finance the transaction and in part to fund new investments in technology....
...The infusion of capital comes as Melvin, which was founded by Gabe Plotkin, a protégé of Mr Cohen’s, suffered double-digit percentage investment losses in the first few weeks of January....
...The late-stage fundraising gives Reddit a valuation of $6bn excluding the cash infusion, double its last funding-round valuation in early 2019. 3....
...How General Atlantic helped get Greensill off the ground If you’re a start-up founder, your first infusion of cash from an outside investor is a big deal, giving you not just money but status and prestige...
...On the other hand, General Atlantic executives have privately sought to pin some of the blame for Greensill’s spectacular implosion on the infusion of cash by its Japanese backer, according to people familiar...
...But the cash infusion comes at what could be a turning point for the company....
...Millions of individuals and small businesses will need debt write-offs (and not just loans), as well as grants and other cash infusions over the next few weeks and months....
...But the cash infusion has led to a rethink about the kind of business Waymo should be....
...Barrack also threw a lifeline to The Weinstein Company about a year ago after its co-founder Harvey Weinstein was hit by allegations of serial sexual harassment, at the time providing an immediate “capital infusion...
...A capital infusion from GP deals provides the power for funds to keep expanding, professionalising and moving beyond the founder generation....
...The furniture chains said the cash infusion would fully replace investment funds they had been due to receive from Steinhoff....
...Earlier on Monday, private equity firm Colony Capital said it would make an unspecified “capital infusion” to the Weinstein Company. The deal could lead to a sale of some or all of the film group....
...Colony will provide an immediate “capital infusion”, the company said in a statement in a deal TWC board director Tarak Ben Ammar described as a “strategic partnership”....
...Mr Mercer said in the memo that “for personal reasons” he has decided to sell his stake in Breitbart News to his daughters, including Rebekah Mercer, a fellow conservative firebrand....
...Hudson’s Bay shares jumped 2 per cent on Tuesday, reflecting the lower debt load a $1.3bn cash infusion will permit....
...Colony will provide an immediate “capital infusion”, it said in a statement, in a deal that Tarak Ben Ammar, a board director at The Weinstein Company, described as a “strategic partnership”....
...I first met Sam 30 years ago, when he was a firebrand junior doctors’ leader and I was a neophyte health reporter....
...Another podcast producer, HowStuffWorks, received a $15m infusion from Raine Group, the boutique investment bank....
...The infusion will also fund new acquisitions. Silver Lake, which first invested in 2012, will maintain the entirety of its equity stake....
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