Coronavirus

California Pizza Kitchen, a restaurant chain, has filed for bankruptcy, reported the Wall Street Journal.

German biotech CureVac, which is developing a coronavirus vaccine, has filed for a U.S. IPO, reported Reuters.

BDC Capital’s Growth and Transition Capital division has provided a C$2 million working capital loan to BioConnect, a Toronto-based digital and physical authentication security platform.

How tech investors view opportunities post-COVID will diverge from sponsors pre-pandemic, says Stifel.

While the highly anticipated MAE trial is called off, Advent's revised agreement for Forescout narrows from $1.9bn to to $1.43bn. 

Some PE-backed portfolio companies adjust their operations to help out in the fight against COVID-19 and Wellspring's CEO takes a leave of absence following an accusation of sexual assault leveled against his son.

The PE firm attempts to build out a pandemic-resilient distributor.

Featuring PE-backed businesses that rethought their operating models to pivot out of the crisis.

Retailer Lucky Brand Dungarees, a portfolio company of Leonard Green & Partners LP, has filed for Chapter 11 bankruptcy, citing the coronavirus pandemic as the source of its financial troubles, reported USA Today.

While Carlyle is now coming in at a much higher valuation, the investment is logical from a risk-adjusted perspective and considering Unison’s growth potential, says the firm's Michael Gozycki.