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Source: Insight Partners is set to reap ~$2.7B from the pending sale of Wiz to Alphabet, a 15.5x return on its invested capital, based on its ~8% stake in Wiz (Gillian Tan/Bloomberg) 20-03-2025

Gillian Tan / Bloomberg: Source: Insight Partners is set to reap ~$2.7B from the pending sale of Wiz to Alphabet, a 15.5x return on its invested capital, based on its ~8% stake in Wiz  —  The investment firm will reap about $2.7 billion from the deal, said the person, who asked not to be identified discussing private information. Lees verder op Tech Meme

Germany’s Munich Re agrees to acquire digital insurance company Next Insurance for $2.6B; Next Insurance has raised ~$1.2B from Capital G, Redpoint, and others (Mary Ann Azevedo/TechCrunch) 20-03-2025

Mary Ann Azevedo / TechCrunch: Germany’s Munich Re agrees to acquire digital insurance company Next Insurance for $2.6B; Next Insurance has raised ~$1.2B from Capital G, Redpoint, and others  —  Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion, the firms announced on Thursday. Lees verder op Tech Meme