Buyouts Archives | PE Hub https://www.pehub.com/strategies/buyouts/ For the world's private equity markets Wed, 04 Jan 2023 13:40:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.2 Partners Group acquires SureWerx from Riverside Co. https://www.pehub.com/partners-group-acquires-surewerx-from-riverside-co/ Wed, 04 Jan 2023 13:40:39 +0000 https://www.pehub.com/?p=20000003664559 Riverside originally acquired SureWerx in 2018 from Penfund.

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]]> CenterOak agrees to sell Wetzel’s Pretzels for $207m cash https://www.pehub.com/centeroak-agrees-to-sell-wetzels-pretzels-for-207m-cash/ Wed, 02 Nov 2022 12:04:21 +0000 https://www.pehub.com/?p=20000003662105 CenterOak acquired Wetzel's in 2016 using capital from its debut fund, which it closed on $420 million in 2016. 

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]]> Veterinary M&A: a legal perspective https://www.pehub.com/veterinary-ma-a-legal-perspective/ Thu, 13 Oct 2022 18:30:41 +0000 https://www.pehub.com/?p=20000003661054 The sector’s popularity brings with it numerous regulatory and strategic issues. There are tools to address them.

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]]> Biden’s antitrust crackdown: five things dealmakers should know https://www.pehub.com/bidens-antitrust-crackdown-five-things-dealmakers-should-know/ Mon, 12 Sep 2022 16:00:28 +0000 https://www.pehub.com/?p=20000003659395 Even in a turbulent macroeconomic environment, firms continue to see M&A opportunities.

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]]> Blue Point acquires Water Lilies Food https://www.pehub.com/blue-point-acquires-water-lilies-food/ Wed, 31 Aug 2022 12:29:39 +0000 https://www.pehub.com/?p=20000003659009 The Company offers a broad portfolio of products, including dumplings, spring rolls, egg rolls and bao buns.

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]]> Olympus-backed Excel Fitness buys 14 Planet Fitness locations in Virginia https://www.pehub.com/olympus-backed-excel-fitness-buys-14-planet-fitness-locations-in-virginia/ Fri, 26 Aug 2022 15:08:50 +0000 https://www.pehub.com/?p=20000003658738 This deal brings Excel's club count to 107 and includes development rights to bring 6 more locations to the Virginia market over the next five years.

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]]> Thoma Bravo-backed ABC Fitness Solutions acquires software firm Glofox https://www.pehub.com/thoma-bravo-backed-abc-fitness-solutions-acquires-software-firm-glofox/ Fri, 26 Aug 2022 13:53:27 +0000 https://www.pehub.com/?p=20000003658719 ABC is a software and related services provider for the fitness industry.

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]]> HCI-backed Tech24 acquires two companies AmeriCold and Arrowhead https://www.pehub.com/hci-backed-tech24-acquires-two-companies-americold-and-arrowhead/ Fri, 26 Aug 2022 13:50:54 +0000 https://www.pehub.com/?p=20000003658718 Quarles and Brady served as legal counsel to Tech24.

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]]> Thoma Bravo invests in mental health company Alma; PE-backed TAG expands to vets https://www.pehub.com/thoma-bravo-invests-in-mental-health-company-alma-pe-backed-tag-expands-to-vets/ Fri, 26 Aug 2022 13:41:25 +0000 https://www.pehub.com/?p=20000003658710 Thoma Bravo announced a $130 million minority growth investment in Alma.

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]]> The Aspen Group to acquire animal hospitals operator AZPetVet https://www.pehub.com/the-aspen-group-to-acquire-animal-hospitals-operator-azpetvet/ Fri, 26 Aug 2022 12:25:49 +0000 https://www.pehub.com/?p=20000003658705 One of TAG's brands Aspen Dental is backed by private equity firms Leonard Green, Ares Capital and American Securities.

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]]> PE-backed CrossRoads acquires multiple assets from Surgical Frontiers https://www.pehub.com/pe-backed-crossroads-acquires-multiple-assets-from-surgical-frontiers/ Mon, 25 Nov 2019 18:00:16 +0000 https://oldwww.pehub.com/?p=3607439 CrossRoads Extremity Systems, which is backed by HealthpointCapital, has acquired several tech assets from Logan, Utah-based Surgical Frontiers LLC, a developer of advanced surgical technologies.

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]]> Real estate tech platform Entera lands $7.5 mln https://www.pehub.com/real-estate-tech-platform-entera-lands-7-5-mln/ Mon, 25 Nov 2019 15:58:16 +0000 https://oldwww.pehub.com/?p=3607419 Bullpen Capital and Craft Ventures led the round.

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]]> Wind Point-backed Pestell Nutrition buys Premier Ag Resources https://www.pehub.com/wind-point-backed-pestell-nutrition-buys-premier-ag-resources-2/ Mon, 25 Nov 2019 15:36:56 +0000 https://oldwww.pehub.com/?p=3607411 Pestell Nutrition, a portfolio company of Wind Point Partners, said Nov. 25 that it acquired Premier Ag Resources. Financial terms weren’t announced. Premier Ag, of London, Ontario, distributes specialty pet food ingredients and feed additives across Canada and the U.S. PRESS RELEASE Chicago, IL, November 25, 2019 – Wind Point Partners (“Wind Point”) and portfolio […]

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]]> DIF Capital acquires energy platform BluEarth from OTTP https://www.pehub.com/dif-capital-acquires-energy-platform-bluearth-from-ottp/ Mon, 25 Nov 2019 10:32:00 +0000 https://oldwww.pehub.com/?p=3607412 BluEarth is a leading, independent, power producer that develops, builds, owns and operates wind, hydro and solar facilities.

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]]> Kirkland Lake Gold is acquiring Detour Gold https://www.pehub.com/kirkland-lake-gold-is-acquiring-detour-gold/ Mon, 25 Nov 2019 15:26:13 +0000 https://oldwww.pehub.com/?p=3607401 Kirkland Lake Gold has agreed to acquire Toronto’s Detour Gold, a gold producer, in a deal with an implied equity value of $4.9 billion. Detour was backed by Coast Capital Management LP and Livermore Partners. PRESS RELEASE November 25, 2019 TORONTO–(BUSINESS WIRE)–Kirkland Lake Gold Ltd. (“Kirkland Lake Gold”, the “Company” or “KL”) (TSX:KL) (NYSE:KL) (ASX:KLA) […]

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]]> Green Courte Partners wraps up fifth real estate fund https://www.pehub.com/green-courte-partners-wraps-up-fifth-real-estate-fund/ Mon, 25 Nov 2019 15:19:53 +0000 https://oldwww.pehub.com/?p=3607400 Green Courte Partners LLC has closed its fifth real estate fund at $540.8 million. GCREP V will acquire up to $1.6 billion of niche real estate assets.

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]]> PE-backed Pioneer Transformers acquires Power Partners from OpenGate https://www.pehub.com/pe-backed-pioneer-transformers-acquires-power-partners-from-opengate/ Mon, 25 Nov 2019 15:18:30 +0000 https://oldwww.pehub.com/?p=3607397 Pioneer Transformers LP, a portfolio company of Mill Point Capital, has acquired Power Partners LLC from OpenGate Capital. No financial terms were disclosed. Based in Athens, Georgia, Power Partners is a maker of transformer products for investor-owned utility, public power, industrial and commercial OEMs and international customers.

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]]> NGP taps Citadel’s Wexler for biz and talent development https://www.pehub.com/ngp-taps-wexler-as-director-of-biz-and-talent-development/ Mon, 25 Nov 2019 10:10:36 +0000 https://oldwww.pehub.com/?p=3607394 Prior to joining NGP, Wexler worked at Citadel.

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]]> WindRose’s Accuity Delivery Systems seeks buyer https://www.pehub.com/windroses-accuity-delivery-systems-seeks-buyer/ Fri, 22 Nov 2019 15:32:47 +0000 https://oldwww.pehub.com/?p=3607335 Accuity Delivery Systems, the WindRose Health Investors-backed provider of outsourced revenue cycle management services to hospitals, is exploring a sale, according to four sources.

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]]> Latium USA’s Four Seasons acquires C-Thru Sunrooms https://www.pehub.com/latium-usas-four-seasons-acquires-c-thru-sunrooms/ Fri, 22 Nov 2019 16:42:30 +0000 https://oldwww.pehub.com/?p=3607318 C-Thru’s California-based operations have been focused on the western U.S. which will be enhanced by Four Season’s national manufacturing and distribution footprint.

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]]> Platinum Equity in talks to buy Biscuit International https://www.pehub.com/platinum-equity-in-talks-to-buy-biscuit-international/ Fri, 22 Nov 2019 11:34:01 +0000 https://oldwww.pehub.com/?p=3607320 It's crunch time for Qualium Investment, which is negotiating the sale of the cookie manufacturer to Platinum Equity.

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]]> CPPIB and Ontario Teachers’ to take stake in IDEAL https://www.pehub.com/cppib-and-ontario-teachers-to-take-stake-in-ideal/ Fri, 22 Nov 2019 11:28:32 +0000 https://oldwww.pehub.com/?p=3607319 IDEAL, a Mexico-based infrastructure company, is selling a 40 percent stake overall, which will be split between CPPIB and Ontario Teachers'.

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]]> L Catterton-backed Il Makiage buys NeoWize https://www.pehub.com/l-catterton-backed-il-makiage-buys-neowize/ Fri, 22 Nov 2019 15:30:31 +0000 https://oldwww.pehub.com/?p=3607311 Makeup brand Il Makiage has acquired NeoWize, a data science startup that develops advanced active machine learning algorithms. No financial terms were disclosed. Il Makiage is backed by L Catterton.

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]]> Cottonwood and Hana support refinancing of InterContinental – Medical Center Houston https://www.pehub.com/cottonwood-and-hana-support-refinancing-of-intercontinental-medical-center-houston/ Fri, 22 Nov 2019 15:26:39 +0000 https://oldwww.pehub.com/?p=3607308 Cottonwood Group and Hana Alternative Asset Management provided a $102 mln loan to refinance the InterContinental Houston – Medical Center.

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]]> Harvest buys Service Express from Pamlico https://www.pehub.com/harvest-buys-service-express-from-pamlico/ Fri, 22 Nov 2019 10:22:00 +0000 https://oldwww.pehub.com/?p=3607304 No financial terms have been disclosed in the deal, which saw Harvest Partners acquire the post-warranty data center equipment maintenance provider.

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]]> LLCP acquires Milton Industries https://www.pehub.com/llcp-acquires-milton-industries/ Fri, 22 Nov 2019 10:17:05 +0000 https://oldwww.pehub.com/?p=3607299 Levine Leichtman Capital Partners was advised by Honigman LLP in the transaction.

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]]> NGP invests in Record Connect https://www.pehub.com/ngp-invests-in-record-connect/ Fri, 22 Nov 2019 10:11:56 +0000 https://oldwww.pehub.com/?p=3607294 No financial terms have been disclosed for the investment, which was made by the Chicago-based firm earlier this month.

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]]> PE HUB Wire Highlights, 11.22.19 https://www.pehub.com/pe-hub-wire-highlights-11-22-19/ Fri, 22 Nov 2019 15:02:07 +0000 https://oldwww.pehub.com/?p=3607292 Call for nominations for Buyouts Deal of the Year awards, CalSTRS LP to leave for NAA

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]]> Eureka beefs up team with two new hires https://www.pehub.com/eureka-beefs-up-team-with-two-new-hires/ Fri, 22 Nov 2019 12:05:46 +0000 https://oldwww.pehub.com/?p=3607280 Joining Eureka are Keith Corliss as an analyst and Melanie Labate as a fund accountant.

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]]> Prudent Growth buys North Carolina shopping mall https://www.pehub.com/prudent-growth-buys-north-carolina-shopping-mall/ Thu, 21 Nov 2019 19:33:16 +0000 https://oldwww.pehub.com/?p=3607241 Prudent Growth Partners has acquired Mint Hill, North Carolina-based Lawyers Square neighborhood retail center. The purchase price was $6.4 million.

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]]> H.I.G-backed Vision acquires SourceLink https://www.pehub.com/h-i-g-backed-vision-acquires-sourcelink/ Thu, 21 Nov 2019 19:28:07 +0000 https://oldwww.pehub.com/?p=3607232 SourceLink provides personalized, turnkey marketing solutions which generate high returns on investment for businesses across several industries, including financial services, healthcare, and insurance.

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]]> EQT-backed Cast & Crew buys Sargent-Disc https://www.pehub.com/eqt-backed-cast-crew-buys-sargent-disc/ Thu, 21 Nov 2019 19:24:43 +0000 https://oldwww.pehub.com/?p=3607224 Sargent-Disc is the premier UK and international provider of film and television payroll, accounting, software and services.

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]]> Gridiron Capital hires senior associate https://www.pehub.com/gridiron-capital-hires-senior-associate/ Thu, 21 Nov 2019 19:22:57 +0000 https://oldwww.pehub.com/?p=3607223 Gridiron invests in middle-market companies in the consumer, B2B and B2C services sectors.

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]]> Fortress to sell CMQ to Canadian Pacific https://www.pehub.com/fortress-to-sell-cmq-to-canadian-pacific/ Thu, 21 Nov 2019 16:53:22 +0000 https://oldwww.pehub.com/?p=3607203 CMQ owns 481 miles (774 kilometres) of rail lines primarily in Quebec and Maine.

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]]> Ontario Teachers’-backed GFL acquires AGI https://www.pehub.com/ontario-teachers-backed-gfl-acquires-agi/ Thu, 21 Nov 2019 16:51:22 +0000 https://oldwww.pehub.com/?p=3607199 The acquisition of AGI expands and complements GFL's existing liquid waste and soil remediation capabilities in Southwestern Ontario,

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]]> Brookfield to sell Nova Cold Logistics to Americold https://www.pehub.com/brookfield-to-sell-nova-cold-logistics-to-americold/ Thu, 21 Nov 2019 16:04:39 +0000 https://oldwww.pehub.com/?p=3607184 Americold Realty Trust has agreed to acquire Halifax, Nova Scotia-based Nova Cold Logistics, a provider of cold storage facilities, from Brookfield Business Partners. The purchase price is C$337 million. The deal is expected to close in the first quarter of 2020.

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]]> Sun Capital-backed Smokey Bones appoints CEO https://www.pehub.com/sun-capital-backed-smokey-bones-appoints-ceo/ Thu, 21 Nov 2019 15:51:33 +0000 https://oldwww.pehub.com/?p=3607171 Restaurant chain Smokey Bones has named James O'Reilly as CEO. Previously, he was CEO of Long John Silver's. Smokey Bones is backed by Sun Capital Partners.

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]]> Novacap Industries V raises $940 mln https://www.pehub.com/novacap-industries-v-raises-940-mln/ Thu, 21 Nov 2019 15:47:15 +0000 https://oldwww.pehub.com/?p=3607164 Novacap Industries V will invest in the industrial and manufacturing sectors as well as in service and distribution.

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]]> Investcorp buys 126 industrial properties for $800 mln https://www.pehub.com/investcorp-buys-126-industrial-properties-for-800-mln/ Thu, 21 Nov 2019 15:43:36 +0000 https://oldwww.pehub.com/?p=3607163 Investcorp's real estate team has acquired a portfolio of 126 industrial properties across five major metropolitan areas. The purchase price was about $800 million.

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]]> Rotunda acquires Trinity3 https://www.pehub.com/rotunda-acquires-trinity3/ Thu, 21 Nov 2019 10:31:17 +0000 https://oldwww.pehub.com/?p=3607151 Rotunda Capital Partners has acquired a majority stake in Trinity3, an educational technology solutions provider.

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]]> Advent sees opportunity in healthcare payments, corporate carveouts https://www.pehub.com/advent-sees-opportunity-in-healthcare-payments-corporate-carveouts/ Thu, 21 Nov 2019 09:00:36 +0000 https://oldwww.pehub.com/?p=3607084 Managing partner John Maldonado shares his insight into the firm's healthcare investment strategy.

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]]> Branford-backed Drew Foam buys Davis Core & Pad https://www.pehub.com/branford-backed-drew-foam-buys-davis-core-pad/ Thu, 21 Nov 2019 08:00:34 +0000 https://oldwww.pehub.com/?p=3607014 The deal marks the 13th acquisition for Branford Castle Partners's 2016 vintage fund.

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]]> Castle Harlan still active as Branford Castle markets for second fund https://www.pehub.com/castle-harlan-still-active-as-branford-castle-markets-for-second-fund/ Thu, 21 Nov 2019 08:00:26 +0000 https://oldwww.pehub.com/?p=3607059 Four years after Castle Harlan was expected to close its doors, the New York private equity firm is still doing deals, says CEO.

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]]> Schwab is in talks to buy TD Ameritrade: CNBC https://www.pehub.com/schwab-is-in-talks-to-buy-td-ameritrade-cnbc/ Thu, 21 Nov 2019 07:20:00 +0000 https://oldwww.pehub.com/?p=3607135 Charles Schwab is in talks to buy smaller rival TD Ameritrade, CNBC reported. The $26 billion deal could be announced Thursday, the New York Times said. Schwab and TD Ameritrade are the two biggest publicly traded discount brokers, the story said.

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]]> ZMC Fund III raises $775 mln https://www.pehub.com/zmc-fund-iii-raises-775-mln/ Thu, 21 Nov 2019 12:08:20 +0000 https://oldwww.pehub.com/?p=3607133 ZMC III LP and ZMC III Parallel LP will invest in the media and communications sectors.

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]]> PayPal to buy Honey for $4 bln https://www.pehub.com/paypal-to-buy-honey-for-4-bln/ Thu, 21 Nov 2019 06:55:39 +0000 https://oldwww.pehub.com/?p=3607129 PayPal Holdings Inc said Nov. 20 that it agreed to buy Honey Science Corp for about $4 billion. Honey, of Los Angeles, is a technology platform for shopping and rewards. Honey has raised $37.67 million in venture funding, PitchBook said.

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]]> KKR to sell LGC to Cinven and Astorg https://www.pehub.com/kkr-to-sell-lgc-to-cinven-and-astorg/ Thu, 21 Nov 2019 06:52:13 +0000 https://oldwww.pehub.com/?p=3607126 KKR said Nov. 21 that it agreed to sell LGC to Cinven and Astorg. Financial terms weren’t announced. LGC provides life science tools to customers in end markets, including human healthcare, agri-food & the environment.

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]]> Gen Cap America buys Griffin Gear https://www.pehub.com/gen-cap-america-buys-griffin-gear/ Thu, 21 Nov 2019 06:43:51 +0000 https://oldwww.pehub.com/?p=3607124 Griffin has the largest selection of equipment tooling (including metric) and experience required for highly customized gearing jobs.

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]]> Bregal Sagemount invests in SurePrep https://www.pehub.com/bregal-sagemount-invests-in-sureprep/ Thu, 21 Nov 2019 06:35:16 +0000 https://oldwww.pehub.com/?p=3607122 SurePrep LLC said Nov. 21 that Bregal Sagemount has acquired a minority stake in the company. Financial terms weren’t announced. SurePrep provides tax automation software and software-powered services to the professional tax return preparation market.

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]]> PE HUB First Read https://www.pehub.com/pe-hub-first-read-1079/ Thu, 21 Nov 2019 06:28:59 +0000 https://oldwww.pehub.com/?p=3607056 First Read kicks off the day with news that General Motors has filed a racketeering lawsuit against Fiat Chrysler, Ardian is sellng professional loudspeaker maker d&b Autiotech and PayPal is buying rewards platform Honey for $4 billion.

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]]> TPG’s SPAC closes merger with Accel Entertainment https://www.pehub.com/tpgs-spac-closes-merger-with-accel-entertainment/ Wed, 20 Nov 2019 21:52:24 +0000 https://oldwww.pehub.com/?p=3607086 TPG Pace Holdings Corp, TPG's blank check company, has closed its merger with Bolingbrook, Illinois-based Accel Entertainment Inc, a gaming-as-a-service provider. No financial terms were disclosed. In connection with the completion of the deal, the company has been renamed Accel Entertainment and will start trading November 21, 2019 on the New York Stock Exchange under the ticker symbol "ACEL." This past summer, Canadian private equity firm Clairvest Group filed a lawsuit to block the merger of portfolio company Accel Entertainment with TPG Pace.

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]]> Compass Acquisition Partners recruits Fischer as MD https://www.pehub.com/compass-acquisition-partners-recruits-fischer-as-md/ Wed, 20 Nov 2019 18:10:05 +0000 https://oldwww.pehub.com/?p=3607041 Compass Acquisition Partners has named John Fischer as managing director of asset management. Previously, Fischer was managing director at TruAmerica.

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]]> FirePower Equity acquires majority of TIG https://www.pehub.com/firepower-equity-acquires-majority-of-tig/ Wed, 20 Nov 2019 13:08:10 +0000 https://oldwww.pehub.com/?p=3607040 Toronto-based private equity firm FirePower Equity Inc has acquired a majority stake in Sudbury, Ontario-based The Installation Group, an installation and service partner to Canadian satellite TV and internet subscribers. No financial terms were disclosed. TIG will continue to operate in their location in Sudbury, Ontario with Robert Lefebvre as CEO, and Anthony Lipschitz serving as TIG’s chairman.

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]]> Balance Point Capital Partners collects over $85 mln for fourth fund https://www.pehub.com/balance-point-capital-partners-collects-over-85-mln-for-fourth-fund/ Wed, 20 Nov 2019 16:14:01 +0000 https://oldwww.pehub.com/?p=3607007 Balance Point Capital Partners has raised over $85 million for its fourth fund, according to an SEC filing. The target is $100 million. The Westport, Connecticut-based investment firm targets middle-market companies.

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]]> Lynx buys Prime Flooring https://www.pehub.com/lynx-buys-prime-flooring/ Wed, 20 Nov 2019 11:09:29 +0000 https://oldwww.pehub.com/?p=3607004 Prime Flooring presents significant opportunities for immediate and long-term synergies with G&W Commercial Interiors, another Washington State-based flooring company owned by Lynx.

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]]> Branford Castle exits Surface Preparation Technologies https://www.pehub.com/branford-castle-exits-surface-preparation-technologies/ Wed, 20 Nov 2019 10:53:02 +0000 https://oldwww.pehub.com/?p=3606992 In June of 2018, SPT acquired the rumble strip division of Diamond Surface Inc., which dramatically expanded its scale and ability to service customers on a national basis.

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]]> VSS-backed Coretelligent buys SoundView IT Solutions https://www.pehub.com/vss-backed-coretelligent-buys-soundview-it-solutions/ Wed, 20 Nov 2019 15:33:10 +0000 https://oldwww.pehub.com/?p=3606969 Coretelligent, a portfolio company of VSS, has acquired SoundView IT Solutions LLC, a managed services IT firm. No financial terms were disclosed. Morgan Partners served as financial adviser on this transaction.

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]]> Standish Management to buy Halsey Group https://www.pehub.com/standish-management-to-buy-halsey-group/ Wed, 20 Nov 2019 10:29:09 +0000 https://oldwww.pehub.com/?p=3606961 Standish Management has agreed to acquire Halsey Group, a Luxembourg-based fund and corporate services provider dedicated to international private equity and real estate investment firms. No financial terms were disclosed.

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]]> H.I.G. acquires German mixed-use property https://www.pehub.com/h-i-g-acquires-german-mixed-use-property/ Wed, 20 Nov 2019 15:27:24 +0000 https://oldwww.pehub.com/?p=3606962 H.I.G. Capital LLC has acquired and re-developed a mixed-use property in Mannheim, Germany. No financial terms were disclosed.

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]]> PE Hub Wire Highlights, 11.20.19 https://www.pehub.com/pe-hub-wire-highlights-11-20-19/ Wed, 20 Nov 2019 09:54:48 +0000 https://oldwww.pehub.com/?p=3606954 "I wasn't sent here to safeguard and protect profit."

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]]> Sightway Capital first PE fund raises $1.2 bln: Wall Street Journal https://www.pehub.com/sightway-capital-first-pe-fund-raises-1-2-bln-wall-street-journal/ Wed, 20 Nov 2019 07:44:59 +0000 https://oldwww.pehub.com/?p=3606947 Sightway Capital, the PE arm of Two Sigma Investments, raised $1.2 billion for its first PE fund, the Wall Street Journal reported. Sightway Capital I LP will focus on financial services and real estate, the story said.

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]]> CD&R to buy Cynosure https://www.pehub.com/cdr-to-buy-cynosure/ Wed, 20 Nov 2019 07:42:10 +0000 https://oldwww.pehub.com/?p=3606945 Clayton, Dubilier & Rice said Nov. 20 that it agreed to buy Cynosure LLC from Hologic Inc. In a separate release, Hologic said the total purchase price was $205 million cash, subject to certain closing adjustments. Cynosure makes and markets aesthetic treatment systems for dermatologists, plastic surgeons, medical spas, and other healthcare practitioners.

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]]> Advent to buy Olaplex https://www.pehub.com/advent-to-buy-olaplex/ Wed, 20 Nov 2019 07:30:51 +0000 https://oldwww.pehub.com/?p=3606941 Olaplex was founded in 2014 by beauty industry veterans Dean and Darcy Christal, who commercialized a revolutionary, patented technology that protects and repairs hair from damage.

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]]> Oak HC/FT-backed WithMe Health expands leadership team https://www.pehub.com/oak-hc-ft-backed-withme-health-expands-leadership-team/ Wed, 20 Nov 2019 07:24:49 +0000 https://oldwww.pehub.com/?p=3606939 WithMe Health, a portfolio company of Oak HC/FT, said Nov. 20 that four new executives have joined the company. They include: Helen Sherman as chief pharmacy officer; Smita Nair as chief product officer; Tom Smith as general counsel and head of compliance; and, Dickon Waterfield as chief commercial officer.

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]]> Broadridge Financial buys ClearStructure Financial Technology https://www.pehub.com/broadridge-financial-buys-clearstructure-financial-technology/ Wed, 20 Nov 2019 07:10:37 +0000 https://oldwww.pehub.com/?p=3606937 Broadridge Financial Solutions Inc said Nov. 20 that it acquired ClearStructure Financial Technology. Financial terms weren’t announced. ClearStructure Financial Technology provides portfolio management solutions for the private debt markets.

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]]> Marlin Equity buys Wax Digital https://www.pehub.com/marlin-equity-buys-wax-digital/ Wed, 20 Nov 2019 07:06:58 +0000 https://oldwww.pehub.com/?p=3606935 Marlin Equity Partners has completed its buy of Wax Digital. Financial terms weren’t announced. Wax Digital, of London, provides sourcing and procurement solutions. August Equity acquired Wax Digital in 2015, according to PitchBook.

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]]> PE HUB First Read https://www.pehub.com/pe-hub-first-read-1078/ Wed, 20 Nov 2019 11:32:47 +0000 https://oldwww.pehub.com/?p=3606851 First Read begins the midweek with news that Fisher Investments loses Chicago police pension, New York sues Juul Labs, claiming the company marketed vaping products to teens, and Alibaba is on track to raise $12.9 billion in its Hong Kong listing.

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]]> Reverence-backed Advisor Group to buy Ladenburg Thalmann https://www.pehub.com/reverence-backed-advisor-group-to-buy-ladenburg-thalmann/ Tue, 19 Nov 2019 16:28:31 +0000 https://oldwww.pehub.com/?p=3606865 Advisor Group, a portfolio company of Reverence Capital, agreed to buy Ladenburg Thalmann in a deal valued at about $1.3 billion. Ladenburg Thalmann is a network of five independent broker-dealers. Alex Yavorsky, Ray Bader and Yash Mathur of Jefferies advised Ladenburg on the process, while Alison Ressler, Jared Fishman and Jordan Bunn of Sullivan & Cromwell LLP served as their legal counsel. Eversheds Sutherland, Kirkland & Ellis LLP, and Greenberg Traurig LLP were the attorneys for Advisor Group/Reverence Capital. Bank of America, UBS Securities, Barclays, Deutsche Bank Securities and Goldman, Sachs & Co have committed to provide financing for the deal.

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]]> Searchlight recruits new partner https://www.pehub.com/searchlight-recruits-new-partner/ Tue, 19 Nov 2019 19:45:53 +0000 https://oldwww.pehub.com/?p=3606857 Searchlight Capital Partners has named Andrew Claerhout as a partner. Previously, he worked at Ontario Teachers' Pension Plan where he was most recently head of infrastructure and natural resources. Searchlight has offices in New York, London and Toronto.

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]]> Walter Capital to acquire stake in Athos https://www.pehub.com/walter-capital-to-acquire-stake-in-athos/ Tue, 19 Nov 2019 12:35:11 +0000 https://oldwww.pehub.com/?p=3606832 Walter Capital Partners has agreed to acquire a significant stake in Athos Services Commémoratifs, a Quebec-based funeral services company. No financial terms were disclosed. Walter Capital is backed by investors that include the Bourgie-Bovet family.

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]]> Tailwind buys Banner https://www.pehub.com/tailwind-buys-banner/ Tue, 19 Nov 2019 12:20:43 +0000 https://oldwww.pehub.com/?p=3606817 Tailwind Capital has acquired Kansas City, Missouri-based Banner, a wholesale distributor of mechanical door hardware, electronic access controls, and security products primarily for repair and replacement applications in the commercial/industrial and residential end markets. Banner was backed by High Road Capital Partners. BB&T Capital Markets served as financial adviser to Banner.

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]]> CDPQ’s Ivanhoé Cambridge invests in Árima Real Estate https://www.pehub.com/cdpqs-ivanhoe-cambridge-invests-in-arima-real-estate/ Tue, 19 Nov 2019 12:18:47 +0000 https://oldwww.pehub.com/?p=3606816 Ivanhoé Cambridge, the real estate arm of Caisse de dépôt et placement du Québec, has invested 150 million euros Árima Real Estate. Árima Real Estate is a Spanish listed real estate investment trust.

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]]> West Monroe Partners collects $1.1 mln for $10 mln-targeted fund https://www.pehub.com/west-monroe-partners-collects-1-1-mln-for-10-mln-targeted-fund/ Tue, 19 Nov 2019 17:09:24 +0000 https://oldwww.pehub.com/?p=3606806 West Monroe Partners, a Chicago-based management consulting firm, has raised $1.1 million for its inaugural fund, according to an SEC filing. The target is $10 million.

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]]> Kinzie acquires Colony Display https://www.pehub.com/kinzie-acquires-colony-display/ Tue, 19 Nov 2019 12:07:59 +0000 https://oldwww.pehub.com/?p=3606807 Kinzie Capital Partners has acquired Elgin, Illinois-based Colony Display LLC, a provider of highly customized fixtures and displays servicing the home improvement, retail and hospitality industries. No financial terms were disclosed.

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]]> Etroy leaves CDPQ post as PE head https://www.pehub.com/etroy-leaves-cdpq-post-as-pe-head/ Tue, 19 Nov 2019 17:05:14 +0000 https://oldwww.pehub.com/?p=3606805 Stephane Etroy has stepped down as head of private equity at Caisse de dépôt et placement du Québec and was replaced by Charles Émond. Charles Émond has been appointed executive vice-president, Quebec, private equity and strategic planning. Etroy left his position to spend more time with his young family in London. PRESS RELEASE MONTRÉAL, NOVEMBER […]

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]]> New Mountain-backed TRC buys LM-DES https://www.pehub.com/new-mountain-backed-trc-buys-lm-des/ Tue, 19 Nov 2019 15:52:19 +0000 https://oldwww.pehub.com/?p=3606794 The acquisition positions it to capitalize on a fast-evolving energy market and continue to meet the growing needs of clients

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]]> PE-backed Calero Software and MDSL to merge https://www.pehub.com/pe-backed-calero-software-and-mdsl-to-merge/ Tue, 19 Nov 2019 15:50:06 +0000 https://oldwww.pehub.com/?p=3606793 Calero Software, which is backed by Riverside Partners, and MDSL, which is backed by Sumeru Equity Partners, are planning to merge. No financial terms were disclosed. Oak Hill Capital and Riverside will be the lead investors in the transaction. SEP will continue as a "significant" investor in the combined business. Calero and MDSL are software providers in the recurring technology expense management space. The deal is expected to close in either the late fourth quarter of this year or in the early quarter of 2020.

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]]> PE-backed Planet to buy staffing provider WinterWyman https://www.pehub.com/pe-backed-planet-to-buy-staffing-provider-winterwyman/ Tue, 19 Nov 2019 15:47:32 +0000 https://oldwww.pehub.com/?p=3606792 WinterWyman is a leading staffing provider specializing in Technology, Finance & Admin and Human Resources.

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]]> PE-backed Intrepid acquires BWM Outcomes https://www.pehub.com/pe-backed-intrepid-acquires-bwm-outcomes/ Tue, 19 Nov 2019 15:32:21 +0000 https://oldwww.pehub.com/?p=3606770 Intrepid Solutions and Services Inc, a portfolio company of Bluestone Investment Partners LLC, has acquired BWM Outcomes, a provider of cybersecurity and intelligence analysis services. No financial terms were disclosed. Holland and Knight provided legal advice to Intrepid while PilleroMazza PLLC did likewise to BWM.

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]]> NexPhase invests in Surgent https://www.pehub.com/nexphase-invests-in-surgent/ Tue, 19 Nov 2019 10:30:35 +0000 https://oldwww.pehub.com/?p=3606774 NexPhase Capital LP has made an investment in Radnor, Pennsylvania-based Surgent, a provider of end-to-end professional education from pre-licensure to continuing education for accounting, finance and healthcare professionals. No financial terms were disclosed.

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]]> PE-backed THG buys EBA https://www.pehub.com/pe-backed-thg-buys-eba/ Tue, 19 Nov 2019 10:28:29 +0000 https://oldwww.pehub.com/?p=3606778 The Hilb Group, a portfolio company of Abry Partners, has acquired North Carolina-based Employee Benefit Advisors of the Carolinas LLC, a employee benefits agency for small to mid-market businesses in the Southeast region. No financial terms were disclosed.

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]]> PE-backed Radius buys Doncasters’ aerospace forming and fabricating business https://www.pehub.com/pe-backed-radius-buys-doncasters-aerospace-forming-and-fabricating-business/ Tue, 19 Nov 2019 15:16:58 +0000 https://oldwww.pehub.com/?p=3606762 Radius Aerospace Inc, a portfolio company of Arlington Capital Partners, has acquired UK-based Doncasters Group Limited’s aerospace forming and fabricating business. The business has been renamed Radius Europe but will also trade under its historical Bramah and Shrewsbury names. No financial terms were disclosed.

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]]> EagleTree taps Gray as operating partner https://www.pehub.com/eagletree-taps-gray-as-operating-partner/ Tue, 19 Nov 2019 15:14:27 +0000 https://oldwww.pehub.com/?p=3606756 New York City-based EagleTree Capital, a private equity and investment firm, has appointed Robert A. Gray as an operating partner for its investment funds and portfolio companies. Gray is a former CEO of PR Newswire.

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]]> PE HUB Wire Highlights, 11.19.19 https://www.pehub.com/pe-hub-wire-highlights-11-19-19/ Tue, 19 Nov 2019 09:52:17 +0000 https://oldwww.pehub.com/?p=3606753 Vista buys Sonatype; Kohlberg puts SpecialtyCare up for sale; Why TA won't ever sell a stake in itself

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]]> Baring Private Equity Asia to buy Lumenis https://www.pehub.com/baring-private-equity-asia-to-buy-lumenis/ Tue, 19 Nov 2019 07:36:46 +0000 https://oldwww.pehub.com/?p=3606747 Baring Private Equity Asia said Nov. 19 that it agreed to buy Lumenis in a deal valued at over $1 billion. Lumenis is an Israeli medical device and equipment company. XIO Group is the seller.

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]]> Winklevoss backed Gemini Trust buys Nifty Gateway https://www.pehub.com/winklevoss-backed-gemini-trust-buys-nifty-gateway/ Tue, 19 Nov 2019 12:33:16 +0000 https://oldwww.pehub.com/?p=3606745 Gemini Trust Co LLC said Nov. 19 that it has acquired Nifty Gateway. Financial terms weren’t announced. Nifty Gateway is a platform for non-fungible tokens. Gemini Trust is the cryptocurrency exchange founded by the brothers Cameron and Tyler Winklevoss.

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]]> New York Attorney General investigating WeWork: Reuters https://www.pehub.com/new-york-attorney-general-investigating-wework-reuters/ Tue, 19 Nov 2019 07:26:38 +0000 https://oldwww.pehub.com/?p=3606743 The New York Attorney General is investigating WeWork, Reuters reported. The NYAG is examining is whether WeWork’s founder and former chief executive, Adam Neumann, indulged in self-dealing to enrich himself, the story said.

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]]> Apollo Global seeks buyer for Qdoba Restaurant: Bloomberg https://www.pehub.com/apollo-global-seeks-buyer-for-qdoba-restaurant-bloomberg/ Tue, 19 Nov 2019 07:13:04 +0000 https://oldwww.pehub.com/?p=3606738 Apollo Global Management has put Qdoba Restaurant Corp up for sale, Bloomberg reported, citing Qdoba’s CEO. Qdoba could sell for more than $550 million, including debt, the story said.

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]]> SBJ-backed ALS Resolvion and TZP’s Del Mar merge https://www.pehub.com/sbj-backed-als-resolvion-and-tzps-del-mar-merge/ Tue, 19 Nov 2019 12:05:37 +0000 https://oldwww.pehub.com/?p=3606697 ALS Resolvion, which is backed by Spanos Barber Jesse & Co and Del Mar Recovery Solutions, a portfolio company of TZP Group, have merged. The combined company will operate under the Resolvion name and form a automotive collateral recovery solutions provider. No financial terms were disclosed. Michael Levison, CEO of ALSR, will remain CEO while Del Mar CEO Josh Elias, will become president. Both SBJ and TZP have rolled all of their ownership in the merger.

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]]> Fox Ewing joins Great Hill Partners https://www.pehub.com/fox-ewing-joins-great-hill-partners/ Tue, 19 Nov 2019 07:00:43 +0000 https://oldwww.pehub.com/?p=3606732 Great Hill Partners LP said Nov. 19 that Heather Fox Ewing has joined the firm as director of talent.

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]]> Four executives join Monroe Capital’s opportunistic private credit team https://www.pehub.com/four-executives-join-monroe-capitals-opportunistic-private-credit-team/ Tue, 19 Nov 2019 07:00:14 +0000 https://oldwww.pehub.com/?p=3606734 Monroe Capital LLC said Nov. 19 that four executives have joined its opportunistic private credit team. They include: Jason Starr, Darrick Ginkel, Joseph Valickus in the New York office; and Chris Spanel in the Chicago office.

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]]> Smiths Group puts medical equipment business up for sale: Bloomberg https://www.pehub.com/smiths-group-puts-medical-equipment-business-up-for-sale-bloomberg/ Tue, 19 Nov 2019 06:56:51 +0000 https://oldwww.pehub.com/?p=3606736 Smiths Group has put its medical equipment business on the block, Bloomberg reported. First round bids are expected for the unit by the end of the year, the story said. Smiths’s medical equipment business could sell for more than $3 billion, Bloomberg said.

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]]> TA puts Russell Investments on the block: Financial Times https://www.pehub.com/ta-puts-russell-investments-on-the-block-financial-times/ Tue, 19 Nov 2019 06:43:36 +0000 https://oldwww.pehub.com/?p=3606730 TA Associates has hired Goldman Sachs to seek out a buyer for Russell Investments, the Financial Times is reporting. Russell was valued at $1.15 billion in 2016 when TA acquired the company from the London Stock Exchange, the story said.

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]]> Robb, Gregory join Maven Capital https://www.pehub.com/robb-gregory-join-maven-capital/ Tue, 19 Nov 2019 06:39:06 +0000 https://oldwww.pehub.com/?p=3606728 Maven Capital Partners said Nov. 19 that Simon Robb and Ben Gregory have joined the firm. Robb joins as portfolio manager while Gregory is a portfolio analyst.

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]]> A&R Logistics buys Plantgistix https://www.pehub.com/ar-logistics-buys-plantgistix/ Tue, 19 Nov 2019 06:33:30 +0000 https://oldwww.pehub.com/?p=3606726 Plantgistix is a provider of packaging, warehousing, and full-scale export services dedicated to the plastic resin industry.

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]]> Vista to buy majority of Sonatype https://www.pehub.com/visa-to-buy-majority-of-sonatype/ Tue, 19 Nov 2019 06:26:16 +0000 https://oldwww.pehub.com/?p=3606724 Vista Equity Partners agreed to buy a majority of Sonatype. Financial terms weren’t announced. Sonatype, of Fulton, Maryland, provides supply chain automation software.

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]]> PE HUB First Read https://www.pehub.com/pe-hub-first-read-1077/ Tue, 19 Nov 2019 06:24:19 +0000 https://oldwww.pehub.com/?p=3606686 First Read begins the day with news that WeWork preps for massive layoffs, SoftBank will create a $30 billion tech giant by merging Yahoo Japan and Line Corp, while T-Mobile President and COO Mike Sievert is succeeding John Legere as CEO.

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]]> Antares supports ONCAP’s buyout of Enertech https://www.pehub.com/antares-supports-oncaps-buyout-of-enertech/ Mon, 18 Nov 2019 21:53:31 +0000 https://oldwww.pehub.com/?p=3606694 Antares has provided a senior secured credit facility to back Canadian private equity firm's ONCAP's acquisition of Texas-based Enertech, a provider of wireless infrastructure services to telecommunications carriers and tower owners throughout the Southern, Central and Pacific Northwest regions of the U.S. No financial terms were disclosed. Antares was the lead arranger and administrative agent on the financing.

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]]> MODE Transportation to buy SunteckTTS https://www.pehub.com/mode-transportation-to-buy-suntecktts/ Mon, 18 Nov 2019 20:16:02 +0000 https://oldwww.pehub.com/?p=3606684 MODE Transportation, a portfolio company of York Capital Management, has agreed to acquire Jacksonville, Florida-based SunteckTTS, a provider of third-party transportation and logistics. No financial terms were disclosed. Both businesses will operate under the MODE brand name. Piper Jaffray and McDermott Will & Emery advised SunteckTTS on the deal while Kirkland & Ellis provided legal advice to MODE. MODE is a portfolio company of York Capital Management. And, SunteckTTS is backed by Comvest Partners.

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]]> PE-backed Driven Brands buys Clairus https://www.pehub.com/pe-backed-driven-brands-buys-clairus/ Mon, 18 Nov 2019 20:01:06 +0000 https://oldwww.pehub.com/?p=3606679 Driven Brands, which is backed by Roark Capital, has acquired Quebec-based Clairus Group, a provider of automotive glass distribution, replacement, and claims management solutions. No financial terms were disclosed. Jefferies was sole financial adviser to Clairus on the transaction. Headquartered in Charlotte, North Carolina, Driven Brands is the parent company of various automotive aftermarket brands.

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