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Overall, up to 300 employees may lose their positions in this round of layoffs across the bank, the sources added. Venkatakrishnan has been seeking to stabilize Barclays' investment banking franchise after a shakeup in the division's leadership in January led to an exodus of dozens of bankers. Barclays has also hired more than 30 investment bankers and promoted another 20 bankers in various positions since then. Barclays ranked 6th in LSEG's global investment banking league table for the first nine months of the year. Barclays warned in July that its profit margins were being squeezed by consumers repaying debt in the wake of high interest rates.

Persons: C.S, Venkatakrishnan, Morgan Stanley, Anirban Sen, Milana, Greg Roumeliotis, Nick Macfie 私 Organizations: Barclays Plc, Barclays, Goldman Sachs Group Inc Locations: San Francisco, New York

Based in Palo Alto, California, Tidal was started by technology bankers David Handler and David Neequaye. Their firm, which employs just two dozen people according to its website, was the sole financial adviser to Cisco, while larger investment banking peers Qatalyst Partners and Morgan Stanley (MS.N) advised Splunk. Tidal's win comes as more technology bankers decide to launch their own firm amid an overall slowdown in dealmaking in the sector. Three former Qatalyst Partners bankers launched a new technology-focused investment banking boutique called AXOM Partners earlier this week, Reuters reported. The group went on to advise other major technology companies including Cisco, Qualcomm Inc (QCOM.O) and Twilio Inc (TWLO.N).

Persons: Centerview Partners dealmakers, David Handler, David Neequaye, Qatalyst, Morgan Stanley, MS.N, Splunk, David, Handler, we've, Chuck Robbins, Tidal's, Neequaye, Centerview, Milana Vinn, Anirban Sen Organizations: Centerview Partners, Cisco Systems Inc, Splunk Inc, Cisco, Qatalyst Partners, AXOM Partners, Reuters, Qualcomm Inc, Twilio Inc, UBS Group AG, Thomson Locations: Palo Alto , California, New York

NEW YORK, Sept 7 (Reuters) - Broadcast services provider NEP Group Inc, owned by private equity firm Carlyle Group Inc (CG.O), is exploring a sale of its live events business that could fetch nearly $2 billion, according to people familiar with the matter. The live events unit provides audiovisual solutions at concerts, corporate events, and music tours. NEP operates another events business that focuses on online and television broadcast services, which the sources said it plans to keep. The unit offers production services that enable the broadcasting of live sports, festivals and other events. NEP also offers outdoor broadcast services, studio production, audio and lighting solutions, and media management services.

Persons: Carlyle, Milana Vinn, Anirban Sen, Gerry Doyle Organizations: Inc, Carlyle Group Inc, National Football League, Crestview Partners, Thomson Locations: Pittsburg , Pennsylvania, New York

Arm is hoping for a valuation of up to $70 billion in the IPO, which will launch on the Nasdaq next month. Arm and its owner SoftBank Group (9984.T) have set aside 10% of the shares to be sold in the IPO for its clients, the sources said. Its close relationship with Arm has helped it design chips that curbed its reliance on Intel as a supplier. Many technology companies that seek to make their own chips using Arm's designs turn to TSMC for its low-cost manufacturing. None of these companies' investments in Arm's IPO are certain.

Persons: Dado Ruvic, Jack Gold, SoftBank, Apple spokespeople, Jay Lee, Masayoshi Son, Son, TSMC, Dylan Patel, Milana Vinn, Stephen Nellis, Max Cherney, Greg Roumeliotis, Matthew Lewis Organizations: REUTERS, FRANCISCO, Arm Holdings, Apple, Intel, Nvidia, Microsoft, Samsung Electronics, Reuters, Nasdaq, Gold Associates, SoftBank, Devices Inc, APPLE, SAMSUNG, Samsung, MICROSOFT, Devices, Vision Fund, Thomson Locations: Switzerland, Japan, New York, San Francisco

Signage and cars are displayed in honor of SentinelOne, a cybersecurity firm’s IPO, outside the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2021. SentinelOne has hired investment bank Qatalyst Partners to advise on discussions with potential acquirers, including private equity firms, the sources said. Private equity firms have been prolific investors in the cybersecurity sector. In November 2021, an investor consortium led by private equity firm Advent International acquired McAfee Corp for $14 billion. Tech-focused private equity firm Thoma Bravo has also been a serial acquirer in the sector, having bought Ping Identity, ForgeRock, Sailpoint Technologies and Magnet Forensics Inc, among others.

Persons: Brendan McDermid, SentinelOne, Qatalyst, SentinelOne's, Daniel Loeb's, Morgan Stanley, Thoma, Milana Vinn, Anirban Sen, Conor Humphries, Jonathan Oatis Organizations: New York Stock Exchange, REUTERS, SentinelOne, Qatalyst Partners, CrowdStrike Holdings, U.S ., Tiger Global, Sequoia Capital, Insight Partners, Redpoint Ventures, Advent International, McAfee Corp, Tech, Thoma Bravo, Sailpoint Technologies, Magnet Forensics, Thomson Locations: New York City, U.S, View , California, New York, Israel, cybersecurity

REUTERS/Henry NichollsNEW YORK, Aug 9 (Reuters) - Private equity firm Symphony Technology Group (STG) is nearing a deal to acquire media editing software maker Avid Technology Inc (AVID.O) for close to $1.4 billion, including debt, according to people familiar with the matter. Palo Alto, California-based STG is a mid-market private equity firm focused on technology investments. Earlier this year, STG struck a deal to take Momentive Global Inc, the parent company of SurveyMonkey, private in a $1.5 billion deal. STG currently manages about $10 billion of assets and has invested in more than 50 companies in the technology industry. Reporting by Milana Vinn and Anirban Sen in New York; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Tom Cruise, Jennifer Connelly, Henry Nicholls, STG, Milana Vinn, Anirban Sen, Jonathan Oatis Organizations: REUTERS, Technology, Avid Technology Inc, Avid, Reuters, Impactive, Momentive, Inc, Thomson Locations: London, Britain, Burlington , Massachusetts, Palo Alto , California, New York

NEW YORK, Aug 3 (Reuters) - Symphony Technology Group (STG) and Francisco Partners are among the private equity firms competing to acquire media editing software maker Avid Technology Inc (AVID.O), according to people familiar with the matter. Avid, Goldman and Francisco Partners declined to comment. Palo Alto-based STG is a mid-market private equity firm focused on technology investments. Francisco Partners is a prolific tech investor, which has raised over $45 billion to date. Earlier this week, Francisco Partners teamed up with TPG Inc (TPG.O) to acquire New Relic (NEWR.N) for $6.5 billion.

Persons: Goldman, STG, Palo, Francisco, Milana Vinn, Anirban Sen, Sharon Singleton, Jonathan Oatis Organizations: Symphony Technology, Francisco Partners, Avid Technology Inc, Avid, Goldman Sachs, Reuters, Momentive, Inc, TPG Inc, Impactive, Thomson Locations: Burlington , Massachusetts, Palo Alto, New York

July 26 (Reuters) - Private equity firms Haveli Investments and General Atlantic have agreed to acquire business software vendor Certinia from Advent International for nearly $1 billion including debt, according to people familiar with the matter. Haveli, which was launched by former Vista Equity Partners president Brian Sheth, and General Atlantic will buy Advent's majority stake in Certinia as well as a minority stake held by Technology Crossover Ventures (TCV), the sources said. Haveli, General Atlantic and Advent declined to comment. Austin, Texas-based Haveli has invested in some technology ventures since it was launched by Sheth in 2021. Haveli has launched a fund seeking more than $3 billion for software deals, which will include this one.

Persons: Brian Sheth, Salesforce, Milana Vinn, Anirban Sen, Jamie Freed Organizations: Haveli Investments, General Atlantic, Advent International, Vista Equity Partners, Technology Crossover Ventures, Certinia, Siemens, Hewlett Packard Enterprise, Cisco Systems, Philips, Sheth, Haveli, Apollo Global Management, Thomson Locations: Certinia, Haveli, General, Jose , California, Austin , Texas, New York

BMI generates about $145 million in 12-month earnings before interest, taxes, depreciation and amortization, according to the sources. Spokespeople for BMI, which is controlled by several TV networks and radio broadcasters, and Goldman Sachs declined to comment. Created in 1939, BMI represents the public performance rights in more than 20 million musical works created and owned by more than 1.3 million songwriters, composers, and music publishers. BMI and ASCAP jointly account for more than 90% of the music licensing market. Reporting by Milana Vinn and Anirban Sen in New York Editing by Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Lady Gaga, Taylor Swift, Spokespeople, Goldman Sachs, Milana Vinn, Anirban Sen, Nick Zieminski Organizations: YORK, Inc, BMI, Goldman Sachs, U.S . Justice Department, Justice Department, American Society of Composers, Publishers, Blackstone Inc, ASCAP, Concord Music, Thomson Locations: New York

The moves add to a trio of Barclays U.S. investment bankers that UBS announced it hired last month. Many Credit Suisse bankers are based in the United States. These bankers follow Barclays ex-colleagues Marco Valla, Jeff Hinton and Kurt Anthony, whose moves to UBS were announced in April. Sources told Reuters last month that UBS plans to retain only a small number of Credit Suisse senior bankers with strong client relationships. At Barclays, Braham was global chair of investment banking for technology, while Hardegree served as vice chair and head of technology M&A.

Persons: Laurence Braham, Richard Hardegree, Richard Casavechia, Ozzie Ramos, Jason Williams, Neil Meyer, Ken Tittle, Marco Valla, Jeff Hinton, Kurt Anthony, dealmaker Michael Klein, Braham, Hardegree, Casavechia, Ramos, Meyer, Tittle, Milana Vinn, Anirban Sen, Greg Roumeliotis, Lisa Shumaker Organizations: YORK, Barclays Plc, UBS Group AG, Barclays U.S, UBS, Credit, Group, Credit Suisse, Barclays, Reuters, Broadcom, VMware Inc, Thomson Locations: United States, Swiss, Zurich, New York

Brookfield and DigitalBridge are leading opposing bidding consortia in the auction for privately held DigitalBridge, the sources said, adding an outcome is expected by next month. The terms of Compass' debt allow for it to be taken over by a new owner without it being refinanced, one of the sources said. The Deal reported in February that Compass Datacenters was exploring a sale. Compass Datacenters, Brookfield Infrastructure Partners and DigitalBridge declined to comment. During the same month, Brookfield Infrastructure also acquired freight container lessor Triton International Ltd (TRTN.N) for about $4.7 billion.

Persons: Dealmaking, Brookfield, Milana Vinn, Anirban Sen, Daniel Wallis Organizations: Brookfield Infrastructure Partners, DigitalBridge, RedBird Capital Partners, Ontario, Azrieli, Brookfield Infrastructure, Reuters, Triton International, Boca, Thomson Locations: Brookfield, Dallas , Texas, Data4, Boca Raton , Florida, New York

NEW YORK, May 15 (Reuters) - At least seven top Barclays Plc (BARC.L) bankers have resigned to join to UBS Group AG (UBSG.S) in the United States in the last few days, people familiar with the matter said. The moves add to a trio of Barclays investment bankers that UBS announced internally it hired last month. Many Credit Suisse bankers are based in the United States. UBS has hired Laurence Braham, Richard Hardegree, Richard Casavechia, Ozzie Ramos, Jason Williams, Neil Meyer and Ken Tittle from Barclays, the sources said. These bankers follow Barclays ex-colleagues Marco Valla, Jeff Hinton and Kurt Anthony, whose moves to UBS were announced in April.

The moves add to a trio of Barclays U.S. investment bankers that UBS announced it hired last month. Many Credit Suisse bankers are based in the United States. Sources told Reuters last month that UBS plans to retain only a small number of Credit Suisse senior bankers with strong client relationships. At Barclays, Braham was global chair of investment banking for technology, while Hardegree served as vice chair and head of technology M&A. Williams, Meyer and Tittle were managing directors in the investment banking group.

Endeavor and WWE did not immediately respond to requests for comment on Sunday. The deal could be announced as early as this week, the sources said. Endeavor shareholders will own 51% of the combined company, while WWE shareholders would get 49%, the sources said. Endeavor is led by Hollywood power broker Ari Emanuel, who earlier this month declined to answer questions about a possible deal. In January, WWE said it would explore strategic options that could include a sale, shortly after Vince McMahon's return to the company.

Emerson dropped that threat once the sale process for National Instruments got underway. National Instruments ended trading on Thursday at $50.62 a share. National Instruments expects the sale process to be completed by early April, according to the sources. National Instruments, Fortive and Keysight did not immediately respond to requests for comment. Austin, Texas-based National Instruments specializes in the production of automated testing and measurement tools for the semiconductor, transportation, aerospace and defense industries.

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