Archive for June 2020
Clearlake, Insight, Vista and other private equity firms create 50 new board roles for diverse candidates
“This is the right way to empower corporations to make strides towards equality of opportunity,” says Vista founder Robert F.…
Read MoreNetflix shifts $100 million of Cash into Black-owned banks
The online TV giant will start by shifting $25 million into the Black Economic Development Initiative, a new fund that…
Read MoreUber in talks to acquire delivery rival Postmates
A reportedly potential deal would value Postmates at $2.6 billion, as the coronavirus has boosted demands for food delivery.
Read MoreLululemon buys fitness company Mirror for $500 Million
Home-fitness products such as Peloton bikes and Mirror’s wall-mounted device have gained in popularity as the coronavirus pandemic has shuttered…
Read MoreM&A wrap: Rising Stars, Paladium, Bregal Sagemount, Motive, GTCR, TA, Coty, Kim Kardashian, Amazon, Carlyle, Kohlberg
Mergers & Acquisitions names nine dealmakers to the 2020 Rising Stars of Private Equity. Coty buys stake in Kim Kim…
Read MoreCoty buys $200 Million stake in Kim Kardashian’s beauty business
The partnership comes just months after Coty closed a $600 million deal with the reality TV star’s sister, Kylie Jenner.
Read MoreAmazon buys driverless startup Zoox, cites ride-hailing goal
Bulking up in driverless technology represents an expansion of Amazon’s already sprawling interests in transportation and logistics.
Read MoreAmex commits $200 million to drive post-pandemic SMB shopping, $10 million to Black-owned SMBs
Amex is offering cash rewards on a global scale for customers who shop at small businesses that are trying to…
Read More2020 Rising Stars of Private Equity: Coronavirus, racial inequality demand new standards for excellence
Palladium’s Andrea McGuirt, Bregal Sagemount’s Arjun Mehta and Motive Partners’ Miguel Tejeda are among those who are thriving in a…
Read MoreBankers fear surge in coronavirus cases will delay economic recovery
States that were quick to reopen are seeing spikes in infections and hospitalizations, raising the specter of another lockdown. Here’s…
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