Saudi Arabia’s Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Silicon Valley-based Lucid Motors to produce electric vehicles. The deal, which follows… read more →
Snow Phipps Group LLC has acquired BlackHawk Industrial Distribution Inc from Brazos Private Equity Partners LLC. No financial terms were disclosed. Based in Broken Arrow, Oklahoma, BlackHawk is an industrial distributor of… read more →
Midland, Texas-based Tall City, an oil and gas exploration and production company, has secured financing of up to $500 million. The backer was Warburg Pincus. PRESS RELEASE MIDLAND, Texas and… read more →
Alumina Partners LLC has agreed to invest up to C$20 million in Beleave Inc. The capital infusion will be used for growth and to strengthen Beleave’s balance sheet. Based in… read more →
DVI Equity Partners has made an investment in Boston-based Wasabi Technologies, a hot cloud storage company. No financial terms were disclosed. Last week it was announced that Wasabi had raised… read more →
Edison Partners said Sept. 17 that it led a $7.5 million growth investment in Emplify, of Fishers, Indiana. Emplify is an employee engagement measurement company. PRESS RELEASE Princeton, N.J.–September 17,… read more →
TPG and Rockbridge Growth Equity are exploring strategic options for their stakes in AXS, the Wall Street Journal reported. The two firms hold 62 percent of AXS, which values the… read more →
Fiat Chrysler Automobiles NV has decided to consider other offers for its Magneti Marelli parts unit since KKR’s bid came in too low, according to a report from Bloomberg. KKR offered less… read more →
WestView Capital Partners has made an investment in AccountabilIT to support its acquisition of Little Rock, Arkansas-based ClearPointe Technologies, a managed services provider specializing in cloud-based transformations, migrations and managed… read more →
BelHealth Investment Partners, a healthcare-focused private equity firm, has acquired West Sacramento, California-based Gemini Bio-Products, a biological reagents manufacturer and supplier. No financial terms were disclosed. PRESS RELEASE New York,… read more →