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Sycamore vies to take Nordstrom private

Private Equity Insights

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Sycamore declined to comment while representatives for Nordstrom did not immediately respond to a request for comment. Nordstrom shares rose 6% to $19.90 Nordstrom also had long-term debt of $2.9 billion as of the end of December.

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Thoma Bravo exits financial risk software company Adenza to Nasdaq for $10.5bn

Private Equity Insights

Nasdaq is acquiring financial risk software company Adenza for $10.5bn in its largest-ever such deal, from private equity firm Thoma Bravo. Adenza, which is owned by private equity firm Thoma Bravo, is expected to generate $590mn in revenue and $300mn in cash flow this year, Nasdaq said.

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PE majors eyeing $15bn schools group Nord Anglia

Private Equity Wire

The report cites unnamed sources familiar with the process, as coffering that final bids for a majority stake in the London-based group are due later this month, potentially valuing the business at up to $15bn. Notable institutions in its portfolio include Oxford International College in the UK and Avenues in New York.

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Castle Creek-backed Northpointe Bancshares aims for $595m valuation in 2025’s first US bank IPO

Private Equity Insights

in its upcoming IPO on the New York Stock Exchange. The Michigan-based community bank will be the first US bank to go public in 2025, according to a report by Reuters. Can`t stop reading?

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