Oct 14 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Tuesday:
** Goldman Sachs ( GS ) has agreed to buy Industry Ventures, a
leading venture capital firm that manages $7 billion of assets,
in a bid to expand its services to technology entrepreneurs, it
said on Monday.
** Activist investor Starboard Value has built a stake in Keurig
Dr Pepper ( KDP ) after the beverage company made an acquisition
to strengthen its coffee business that investors disliked, two
people familiar with the matter said on Monday.
** Bold Penguin, the American Family-owned commercial
insurance distribution platform, has acquired insurtech
SquareRisk, a marketplace that quotes and binds specialty MGA
products, it said on October 10.
** Data startups Fivetran and dbt Labs will merge in an
all-stock deal, creating a combined data infrastructure company
with nearly $600 million in annual revenue, the two companies
told Reuters.
** Private equity firm Warburg Pincus has struck a deal to
buy Germany's PSI Software for more than 700 million euros ($811
million), with shareholder and customer E.ON remaining a
strategic investor, the firms said on Monday.
** Brookfield said on Monday it would buy the remaining
26% stake in U.S.-based asset manager Oaktree Capital Management
for about $3 billion, as the investment firm looks to strengthen
its credit business.
** Investment firm Citadel said on Monday that it had agreed
to acquire 100% of Hamburg-based power trading firm FlexPower.
(Compiled by Rajarshi Roy and Dharna Bafna in Bengaluru)