Model N, a platform used by companies such as Johnson & Johnson, AstraZeneca, and AMD to automate decisions related to pricing, incentives, and compliance, is going private in a $1.25 billion deal.
Vista Equity Partners is doling out $30 per share in the all-cash transaction, representing a 12% premium on Friday’s closing price, and 16% on its 30-day average.
Founded in 1999, Model N’s software integrates with various data sources and internal systems to help companies analyze trends, pricing efficacy, market demand, and more.
The platform is typically used in industries such as pharmaceuticals and life sciences, where there may be complex pricing structures, and where regulatory or market changes can impact business.
However, its valuation has generally hovered below the $1 billion market for the past six months, sparking Vista Equity Partners into action today.
Avendus, India’s leading investment bank for venture deals, is looking to raise about $300 million for its private equity unit, according to three sources familiar with the matter.
With its third private equity fund, Avendus plans to write larger checks more frequently, one of the sources said.
The firm raised its second fund, amounting to around $185 million, in 2021.
Avendus employs over 150 bankers and was the top financial advisor in India last year.
In the past decade, similar to financial advisors in other regions, Avendus has diversified its offerings, venturing into wealth management, credit financing, and private equity.
The AI boom, love it or find it to be a bit more hype than substance, is here to stay.
That means lots of companies raising oodles of dollars, a healthy dose of regulatory concern, academic work, and corporate jockeying.
For startups, it means a huge opportunity to bring new technology to bear on a host of industries that could use a bit of polish.
But if you read the news, you might notice that men are the far and away most cited, and discussed players in AI today.
So, TechCrunch’s Dominic-Madori Davis and Kyle Wiggers decided to go out and talk to women working in AI to learn more about their work, how they got into the world of artificial intelligence, and more.
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Monday show, where we dig into the weekend and take a peek at the week that is to come.
We’ll talk more about Wednesday, but this is Y Combinator Demo Day week, so expect a deluge of startup news.
On the podcast today we dug into the latest news from Discord that indicates it is moving towards opening its gates for advertisements.
Equity is TechCrunch’s flagship podcast and posts every Monday, Wednesday and Friday, and you can subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.
Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Friday episode, in which we dig through the most critical stories and themes from the week.
But while the SBF news was a big deal, there was so very much more to cover on today’s news roundup episode of Equity.
We also dug into two companies building startups focused around kids.
Then, to wrap up, a look at just who unicorn founders really are, and a new $100 million fund that to back climate tech.
A $700M SAFE, IPOs are back, and how one venture fund is transcending bordersHello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Friday episode, in which we dig through the most critical stories from the week and chat through new and emerging themes.
This week we had Mary Ann, Becca, and Alex aboard.
Becca of course is one of the two hosts of TechCrunch’s Found podcast, which talks to founders about how they built what they did, and how they did it!
Today on Equity, however, here’s what we got into:We are back Monday with more!
How to avoid all the IPO work without annoying investorsListen here or wherever you get your podcasts.
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
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Mary Ann is off on a well-deserved break, so we brought on fellow podcaster Rebecca Szkutak to take advantage of her insight and humor for this episode.
Startups are hiring fewer workers, and paying out less in equity compListen here or wherever you get your podcasts.
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Wednesday episode, in which we dig into critical startup news to stay abreast of what founders and venture capitalists are working on.
Today on the podcast, we got through the following:
A South Korean startup called QuotaLab is on a quest to follow in the footsteps of Carta, the cap table management company that’s used by a host of startups and investors in the U.S.Carta started life as “eShares” in 2012 as a cap table management service that startups could use to issue equity to their investors and employees.
Today, its stable of offerings has expanded to include everything from valuation and equity management, to bookkeeping, risk assessment and brokerage services.
A Y Combinator alum, QuotaLab also started off as an equity management service (called QuotaBook) for startups and investors in South Korea.
It also offers investment management such as investments, returns, asset changes, markdowns, valuations, accounting, e-approvals and risk management,” Choi added.
According to Choi, the equity management market has many sides you can tackle.
Listen here or wherever you get your podcasts.
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Wednesday show, focused on startup and venture capital news that matters.
We pull the top stories from the week thus far, and give them the Equity treatment to put them into proper context.
On the show today:
