The Boston-headquartered private equity firm is weighing options for the Massachusetts-based software development firm, as the artificial intelligence boom is forcing large companies to increase their technology spending.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
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Bain mulls $10B sale of automation specialist Rocket Software
The Boston-headquartered private equity firm is weighing options for the Massachusetts-based software development firm, as the artificial intelligence boom is forcing large companies to increase their technology spending. Read here
CoreWeave eyes filing $4B IPO within a week
The New Jersey-based cloud computing provider specializing in artificial intelligence is considering an initial public offering, expecting to target a valuation greater than $35 billion. Read here
PHOTO: COREWEAVE
Roark acquires Dave’s Hot Chicken in $1B deal
The Atlanta-based private equity firm is set to buy the California-based fast-casual restaurant chain, strengthening its already significant presence in the restaurant industry through Arby’s, Culver’s, and Subway. Read here
PHOTO: DAVE’S HOT CHICKEN
NEWS WORTH NOTING
CHG Healthcare unveils acquisition of CareerMD
The Utah-based leading staffing agency specializing in physician recruitment has acquired the career management platform that offers both digital and live events to help clinicians find their first job out of training.Read here
The founding Ito family of the Japanese chain failed to secure financing for a management buyout, offering fresh impetus to a rival offer from Canada's Couche-Tard. Read here
Blackstone, Permira weigh options for $6.8B Adevinta
Banks and private credit lenders are competing to provide debt financing for the Norwegian online classifieds specialist as its private equity backers explore alternatives. Read here
Exor sells 4% of Ferrari for $3.14B as it plans new buy
The holding company of Italy’s Agnelli family hopes the stake sale will reduce concentration in its investment portfolio and provide ammunition for a sizeable new acquisition. Read here
Nokia’s $2.3B takeover of Infinera gets EU approval
The EU Commission has authorized unconditionally the acquisition of the US optical semiconductors and networking equipment maker by the Finnish telecom. Read here
