FlixBus and MeinFernbus become one. Germany’s two largest bus service start-ups plan to pool their strengths to build a pan-European bus network.Over the next few months, Berlin-based MeinFernbus and Munich-based FlixBus will be connecting their national networks to create a comprehensive range of routes. Together with their 160 medium-sized bus partners, both companies aim to take Europe by storm.
General Atlantic, a leading global growth equity firm, today announced the promotions of Graves Tompkins to managing director and Chris Caulkin, Tony Li, Peter Munzig, and Paul Stamas to principal. Mr. Tompkins is based in New York and co-heads General Atlantic’s global capital partnering effort. Mr. Caulkin, Mr. Li, Mr. Munzig, and Mr. Stamas are senior investment professionals in the firm’s London, Hong Kong, Palo Alto, and New York offices, respectively.
Adyen, a leading global payments technology company, today announced it has closed $250 million in funding. The funding round was led by global growth equity investor General Atlantic, with additional participation from Temasek, Index Ventures and Felicis Ventures.
Axel Springer increases its share in the online classified ads business from 70 per cent to 85 per cent with the option to purchase the remaining 15 per cent. If the option is exercised, General Atlantic is to receive Axel Springer shares as consideration. Change of the legal form of Axel Springer SE to a KGaA (partnership limited by shares) is being prepared.
Vox Media, one of the world’s fastest growing media companies, and General Atlantic, a leader in global growth investing, announced today the launch of a new strategic partnership for General Atlantic to acquire a minority stake in the company.
Graves Tompkins, a Principal in General Atlantic’s New York office, was named to GrowthCap’s list of Top 40 Under 40 Growth Investors. The list highlights exceptional private capital investors in the growth segment.