Shares of California-based software platform for home and commercial service businesses rose about 42% in its US market debut, giving the cloud-based software company a valuation of nearly $9 billion.
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ServiceTitan valued at nearly $9B as shares soar on debut
Shares of California-based software platform for home and commercial service businesses rose about 42% in its US market debut, giving the cloud-based software company a valuation of nearly $9 billion.Read here
Crusoe closes Series D round at $2.8B valuation
The California-based vertically integrated AI infrastructure provider raised $600 million in its recent fundraising led by Founders Fund, with participation from new and existing investors.Read here
PHOTO: CRUSOE
Boeing to spend $1B for 787 Dreamliner complex
The Virginia-based aerospace and defense company plans to invest and hire 500 workers in South Carolina as it expands manufacturing of its 787 Dreamliner to capture surging demand for widebody jets.Read here
PHOTO: BOEING
Blackstone’s wealth boss eyes $1 trillion in assets
After hitting a $250 billion fundraising target at her unit about four years ahead of schedule, the New York-based investment firm’s global head of private wealth solutions is setting her sights on an ambitious goal.Read here
Schroders seeks buyers for unit with $4B in assets
The British asset management company is looking to sell its Indonesian business, as it weighs exiting some sub-scale markets under its new chief executive. Read here
Insignia gets $1.7B takeover offer from Bain
The Australian wealth management firm has received a non-binding all-cash proposal from the Boston-based private equity firm, representing growing industry interest. Read here
Blackstone, Ares sign $1.4B private credit for Odevo
The US-based alternative asset managers are joining forces to provide a private credit loan package for the Swedish property manager, according to a report. Read here
Buyout firms lead $25B of sales on European bourses
Initial public offerings and selldowns led by private equity funds and similar investors have raised gross proceeds this year at a roughly 80% jump from 2023.Read here
