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Big Plays Push Investments & RedKix Grabs $17 Million In Seed Funds

PYMNTS

The biggest deal of the week came as KKR agreed to buy Epicor Software from Apax Partners. billion price tag represents a hefty profit for Apax, which bought Epicor for $1 billion.
. Drilling down a bit, it’s easy to see what held sway. The deal is slated to be completed late next month.

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Transcript: John Hope Bryant

Barry Ritholtz

And how is it that you, what’s this car that’s in the parking lot, it’s got plates on it and a tag and it’s brand new. And then I then became an advisor to KKR and their global real estate group because of the philosophy that I had at Promise Homes Company. You don’t do any dirty work. RITHOLTZ: Right.

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B2B Investors Set Sights On Data, AI, Analytics

PYMNTS

Though not venture capital, the private equity raised for New Jersey-chartered community bank Cross River Bank is noteworthy not only for its impressive price tag of $100 million, but for its reflection of investors’ support for financial institutions that collaborate with the tech startup scene.

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