A private‑equity group is weighing the idea of selling a Texas‑based auto loan company that helps people buy cars on credit. The buyer could pay between $2. 5 billion and $3 billion, sources say. The company was bought by the group in 2021 from another major investor for an undisclosed sum. It wo
Triton Partners, a big name in European investments, just raised a huge amount of money. They got €5. 5 billion for their new big fund. That's a lot of cash! This is a big deal because not long ago, they had some issues. People were talking about their work culture, and it was hard for them to get n
College sports are getting a financial boost from an unexpected source: private equity. The University of Utah has just made history by teaming up with a private equity firm to support its athletics programs. This deal is a big shift from the usual way things are done. The university has set up a fo
OneStream, a finance software company, is making a major shift. It's going private in a deal worth $6. 4 billion. The company's CEO, Tom Shea, sees this as a way to speed up their plans for AI in finance. He believes the next few years will be crucial in defining AI's role in this field. The deal i
Private equity firms are in a pickle. They usually buy companies, fix them up, and sell them for a profit. But lately, it's been tough to find buyers. Interest rates have shot up, making it expensive to borrow money for deals. So, what's their clever trick? They're selling companies to themselves!
College sports have seen a huge shift in recent years. Athletes are now getting paid, some making millions. This change came after two big court rulings. First, the Supreme Court said in 2021 that the NCAA couldn't limit benefits for athletes. Then, they allowed athletes to be paid for their name, i
A big change is coming to college sports, and the University of Utah is at the center of it. The school is teaming up with Otro Capital, a private equity firm from New York. This deal could bring in up to $500 million, which is a lot of money for any sports program. The firm will own a small part of
Wrexham, a historic soccer club from Wales, is making waves. The team, owned by famous actors Ryan Reynolds and Rob Mac, has just brought in a new partner: Apollo Sports Capital. This U. S. company is investing in Wrexham's future, including upgrades to their stadium and the local area. This isn't
A tech CEO from Nashville is in hot water. Marcus Cobb, the boss of a startup called Mozaic Payments, is accused of tricking a private equity firm out of $20 million. The startup claimed to have an app for sharing music royalties, but it didn't work. The money was gone by 2025. Cobb and his co-foun
The University of Utah is making a big move to pump money into its sports teams. They're teaming up with a private equity firm to create a new company. This company will handle all the business stuff related to sports, like selling tickets, making deals, and licensing. The goal is to raise at least
