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Latest News in Private Equity
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August 11, 2026
Venture capital firm Backswing Ventures GP LLC has urged a Florida federal court to dismiss a U.S. Securities and Exchange Commission suit, arguing the SEC has spun "innocent administrative lapses" into an alleged fraud despite evidence to the contrary.
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August 11, 2026
Cholula Hot Sauce lovers are steaming after McCormick & Co. allegedly diluted the popular brand, replacing its "authentic, traditional Mexican ingredients" with "lab-produced" ones, according to a consumer-led proposed class action filed in New York federal court.
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August 11, 2026
The Delaware Chancery Court on Tuesday largely refused to dismiss the remaining claims in a lawsuit accusing Strategic Value Partners LLC and GenOn Holdings Inc. of engineering the transfer of a Pennsylvania power plant opportunity away from insolvent Heritage Power companies and their creditors.
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August 11, 2026
Toronto-based payments company Moneris Solutions Corp. has agreed to be acquired by Francisco Partners Management LP for about CA$2 billion ($1.44 billion), as joint owners Bank of Montreal and Royal Bank of Canada look to exit the business while keeping commercial ties, the companies said Monday.
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August 11, 2026
Nvidia has partnered with Goldman Sachs, KKR, Apollo Management, BlackRock, Brookfield and Blackstone to spend more than $500 billion in "third-party capital" on building artificial intelligence infrastructure, the technology company announced.
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