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Next Stop: Charlotte October 2024 - Underwriting Secondaries Deals

JD Supra: Mergers

The market for financing pools of interests in private equity funds and private credit funds continues to sizzle, with new lenders joining the market and competition on pricing leading to a tightening of spreads for the most sought after deals.

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Robinhood acquires credit card startup X1 for $95M

TechCrunch: M&A

X1, which offers an income-based credit card with rewards, raised a total of $62 million in venture-backed funding from investors like Soma Capital, FPV, Craft Ventures and Spark Capital since its 2020 inception. Robinhood announced on Thursday that it was acquiring X1 , a no-fee credit card startup, for $95 million in cash.

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Portfolio Purchase Pointers July 2023 - NAV Acquisition Finance for Secondaries Facilities

JD Supra: Mergers

In the private equity secondaries market, financing is often used to facilitate the purchase of portfolios of interests in private equity funds. These transactions require lenders to underwrite the value of assets that the borrower does not yet own, which gives rise to a specific set of challenges for the lenders.

Portfolio 130
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Raising Capital for Acquisitions: Funding Sources to Finance Your Dream Deal w/ Parnell Speed

How2Exit

b' E205: Raising Capital for Acquisitions: Funding Sources to Finance Your Dream Deal w/ Parnell Speed - Watch Here rn rn About the Guest(s): rn Parnell Speed is a seasoned professional with a background in engineering and experience in the real estate sector.

Finance 130
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Boopos CEO Juan Ignacio García Braschi Discusses Funding Criteria for Acquiring Ecommerce and SaaS Businesses

How2Exit

Juan explains the criteria they look for in funding acquisitions and the key factors that determine whether a business is eligible for financing. rn They pre-approve a lot of deals from various brokers and have funded over 30 buyers so far. rn They pre-approve a lot of deals from various brokers and have funded over 30 buyers so far.

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TELA Bio Announces Closing of Public Offering of Common Stock and Pre-Funded Warrants and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

Global Newswire by Notified: M&A

All shares of common stock and pre-funded warrants were sold by TELA.

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Mountain Ridge Capital unveils factoring commercial finance firm Alpha Ridge Funding

PE Hub

Alpine Ridge is focused on originating, underwriting, and managing factoring facilities from $50,000 to $30 million. The post Mountain Ridge Capital unveils factoring commercial finance firm Alpha Ridge Funding appeared first on PE Hub.

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