W.R. Berkley-Backed Vehicle Inspection Firm UVeye Raises $60M in New Round July 22, 2021 By Kiel Porter and Ed Ludlow UVeye, a company that uses artificial intelligence to do fast vehicle inspections, has raised $60 million from investors including used...
Bain, Vista Said to Be Weighing Sale of Software Firm Vertafore. Could It Bring $5 Billion? October 31, 2019 By Gillian Tan and Kiel Porter Vista Equity Partners and Bain Capital are in the early stages of weighing a sale of insurance software maker Vertafore...
PG&E Bankruptcy Looms With $30B in Potential Liabilities from California Wildfires; CEO to Exit January 14, 2019 By Mark Chediak and Kiel Porter PG&E Corp. said it will file for bankruptcy in California after the cost of wildfires left it with potential liabilities...
3 Firms Reported in Bidding for USI Insurance; Offers Top $4 Billion February 28, 2017 By Kiel Porter and Scott Deveau Carlyle Group LP, CVC Capital Partners and KKR & Co. are among suitors that have made first-round bids for Onex...
Oaktree Capital & Egan Cut Ties After Failure to Raise Funds to Form a Reinsurer May 19, 2016 By Alex Barinka, Kiel Porter and Sonali Basak Bill Egan, the former Bank of America Corp. banker who was working with Oaktree Capital Group LLC to start a...
UK’s Saga Confirms Plan to Sell Shares in London IPO April 30, 2014 By Kiel Porter Saga Plc, which provides insurance and holidays to Britain’s over-50s, confirmed earlier reports that it will sell shares in an...