PE Hub https://www.pehub.com/ For the world's private equity markets Thu, 21 Dec 2023 22:11:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.2 Leeds Equity Partners promotes Zhang and Marous to VP https://www.pehub.com/leeds-equity-partners-promotes-zhang-and-marous-to-vp/ Thu, 21 Dec 2023 19:53:25 +0000 https://www.pehub.com/?p=20000003681231 Zhang joined Leeds Equity in 2018 while Marous came on board in 2021.

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]]> Fiber optic tech firm Luna snags $50m from White Hat Capital https://www.pehub.com/fiber-optic-tech-firm-luna-snags-50m-from-white-hat-capital/ Thu, 21 Dec 2023 19:10:22 +0000 https://www.pehub.com/?p=20000003681230 Proceeds from this strategic investment were partially used to fund the acquisition of Silixa, a UK-based provider of fiber optic systems and solutions.

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]]> MedImpact to seek approval to acquire Rite Aid’s Elixir PBM business https://www.pehub.com/medimpact-to-seek-approval-to-acquire-rite-aids-elixir-pbm-business/ Thu, 21 Dec 2023 17:43:11 +0000 https://www.pehub.com/?p=20000003681225 A competitive auction for Rite Aid’s PBM business was canceled on December 21, while the company’s attorney will continue to seek offers for the retail stores at auction.

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]]> Advent-backed Neoris scoops up cloud consulting firm Forefront https://www.pehub.com/advent-backed-neoris-scoops-up-cloud-consulting-firm-forefront/ Thu, 21 Dec 2023 15:08:51 +0000 https://www.pehub.com/?p=20000003681217 Headquartered in Miami, Neoris is a global digital accelerator.

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]]> Houlihan Lokey to acquire placement agent Triago https://www.pehub.com/houlihan-lokey-to-acquire-placement-agent-triago/ Thu, 21 Dec 2023 14:50:22 +0000 https://www.pehub.com/?p=20000003681200 The Triago team will join Houlihan Lokey’s Private Funds Group led by Global Co-Heads Andy Lund and Cristina Forcina Westermann.

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]]> Apollo’s WattEV charges up California’s truckers; Vista promotes six; Rite Aid’s Elixir auction https://www.pehub.com/apollos-wattev-charges-up-californias-truckers-vista-promotes-six-rite-aids-elixir-auction/ Thu, 21 Dec 2023 14:10:43 +0000 https://www.pehub.com/?p=20000003681193 Vista Equity makes six senior leadership promotions.

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]]> Enlightenment Capital invests in cybersecurity software firm Ridgeline International https://www.pehub.com/enlightenment-capital-invests-in-cybersecurity-software-firm-ridgeline-international/ Thu, 21 Dec 2023 13:42:51 +0000 https://www.pehub.com/?p=20000003681192 Raymond James served as financial advisor to Ridgeline on the transaction.

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]]> TCED raises investment from Champlain Financial-led consortium https://www.pehub.com/tced-raises-investment-from-champlain-financial-led-consortium/ Thu, 21 Dec 2023 13:38:43 +0000 https://www.pehub.com/?p=20000003681184 TCED is a Saint-Jean-sur-Richelieu, Quebec-based company operating a franchise network with 60 retail stores under the Batteries Expert brand.

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]]> Vista Equity promotes two to senior managing director and four to managing director https://www.pehub.com/vista-equity-promotes-two-to-senior-managing-director-and-four-to-managing-director/ Thu, 21 Dec 2023 13:38:13 +0000 https://www.pehub.com/?p=20000003681188 Those being promoted to senior managing director were Alan Schwartz, who's also chief legal officer and co-head of legal & compliance; and Gwen Reinke, who's also chief compliance officer and co-head of legal & compliance.

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]]> AEI promotes Hart and McElwee to partner https://www.pehub.com/aei-promotes-hart-and-mcelwee-to-partner/ Thu, 21 Dec 2023 13:22:00 +0000 https://www.pehub.com/?p=20000003681187 Also, the private equity firm upped Tyler Letarte and Andrew McElhinney to principal, and Taylor Casey to vice president.

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]]> Warburg Pincus invests in healthcare services firm Everise https://www.pehub.com/warburg-pincus-invests-in-healthcare-services-firm-everise/ Thu, 21 Dec 2023 13:17:45 +0000 https://www.pehub.com/?p=20000003681185 The investment puts Everise as a valuation of about $1 billion.

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]]> ShoreView Industries completes take-private buyout of tools manufacturer P&F industries https://www.pehub.com/shoreview-industries-completes-take-private-buyout-of-tools-manufacturer-pf-industries/ Thu, 21 Dec 2023 13:08:57 +0000 https://www.pehub.com/?p=20000003681183 According to terms of the deal, P&F shareholders will receive $13.00 per share in cash.

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]]> Apollo-backed WattEV’s growth to be fueled by decarbonization of California and other states https://www.pehub.com/apollo-backed-wattevs-growth-to-be-fueled-by-decarbonization-of-california-and-other-states/ Thu, 21 Dec 2023 12:00:24 +0000 https://www.pehub.com/?p=20000003681010 Starting in 2024, companies like Procter & Gamble, Target, IKEA, MGA and Walmart must use zero-emissions vehicles at ports of entry for commerce in California.

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]]> Trive Capital forms new industrial distribution company Venturi Supply https://www.pehub.com/trive-capital-forms-new-industrial-distribution-company-venturi-supply/ Wed, 20 Dec 2023 21:06:20 +0000 https://www.pehub.com/?p=20000003681142 The company is the result of the acquisitions of six PVF distribution businesses.

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]]> Argosy Healthcare Partners-backed Hudson scoops up medical tech firm Tomtec https://www.pehub.com/argosy-healthcare-partners-backed-hudson-scoops-up-medical-tech-firm-tomtec/ Wed, 20 Dec 2023 18:52:20 +0000 https://www.pehub.com/?p=20000003681138 Based in Springfield, New Jersey, Hudson is a global laboratory automation solutions provider.

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]]> Wynnchurch Capital-backed EMS sells its Eastern Architectural Systems unit to Cornerstone Building Brands https://www.pehub.com/wynnchurch-capital-backed-ems-sells-its-eastern-architectural-systems-unit-to-cornerstone-building-brands/ Wed, 20 Dec 2023 18:47:39 +0000 https://www.pehub.com/?p=20000003681137 EMS is a distributor of aluminum products in the U.S.

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]]> Kelso-backed Novvia Group buys JWJ Packaging https://www.pehub.com/kelso-backed-novvia-group-buys-jwj-packaging/ Wed, 20 Dec 2023 18:29:24 +0000 https://www.pehub.com/?p=20000003681136 Novvia Group is a rigid container and life sciences packaging distributor.

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]]> PSG-backed Traliant acquires DEI-focused eLearning company Kantola https://www.pehub.com/psg-backed-traliant-acquires-dei-focused-elearning-company-kantola/ Wed, 20 Dec 2023 17:33:35 +0000 https://www.pehub.com/?p=20000003681134 Traliant is a provider of online compliance training solutions.

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]]> Bain Capital Insurance invests $200m in GuideOne to launch new insurance platform The Mutual Group https://www.pehub.com/bain-capital-insurance-invests-200m-in-guideone-to-launch-new-insurance-platform-the-mutual-group/ Wed, 20 Dec 2023 16:35:54 +0000 https://www.pehub.com/?p=20000003681129 GuideOne is a mutual insurance carrier founded in 1947.

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]]> Monument MicroCap-backed Sweet Tooth acquires aluminum mold-maker Inter Molds https://www.pehub.com/monument-microcap-backed-sweet-tooth-acquires-aluminum-mold-maker-inter-molds/ Wed, 20 Dec 2023 15:42:13 +0000 https://www.pehub.com/?p=20000003681119 Based in Edgewood, New York, Sweet Tooth is a provider of tooling and injection molding services.

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]]> Hildred Capital snaps up baby and family care products brand Hello Bello https://www.pehub.com/hildred-capital-snaps-up-baby-and-family-care-products-brand-hello-bello/ Wed, 20 Dec 2023 15:28:32 +0000 https://www.pehub.com/?p=20000003681112 Hildred will transition Hello Bello into its portfolio under the stewardship of portfolio company Hyland’s Naturals, a pediatric consumer health company.

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]]> Beekman Group-backed AutoManager snaps up safety recall tech firm AutoAp https://www.pehub.com/beekman-group-backed-automanager-snaps-up-safety-recall-tech-firm-autoap/ Wed, 20 Dec 2023 15:25:08 +0000 https://www.pehub.com/?p=20000003681114 AutoManager is a provider of software solutions to the auto dealership industry.

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]]> FrontWell Capital expands credit facility for Mara Technologies https://www.pehub.com/frontwell-capital-expands-credit-facility-to-mara-technologies/ Wed, 20 Dec 2023 14:50:09 +0000 https://www.pehub.com/?p=20000003681110 Mara is a subsidiary of the Invotek Group, a provider of electronics manufacturing services based in Markham, Ontario.

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]]> Hg’s Alan Cline: ‘The AI revolution is real’; Madison Dearborn, HPS agree to exit NFP https://www.pehub.com/hgs-alan-cline-the-ai-revolution-is-real-madison-dearborn-hps-agree-to-exit-nfp/ Wed, 20 Dec 2023 14:35:26 +0000 https://www.pehub.com/?p=20000003681104 Madison Dearborn and HPS are selling NFP to Aon.

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]]> Canada Growth Fund to invest C$200m in Advantage Energy’s Entropy https://www.pehub.com/canada-growth-fund-to-invest-c200m-in-advantage-energys-entropy/ Wed, 20 Dec 2023 14:08:44 +0000 https://www.pehub.com/?p=20000003681092 Last year, Entropy secured a C$300 million investment from the Brookfield Global Transition Fund I, an energy transition fund managed by Brookfield Asset Management.

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]]> Knox Lane-backed Ruppert Landscape scoops up commercial landscape firm Tree Amigos https://www.pehub.com/knox-lane-backed-ruppert-landscape-scoops-up-commercial-landscape-firm-tree-amigos/ Wed, 20 Dec 2023 13:29:26 +0000 https://www.pehub.com/?p=20000003681093 Maryland-based Ruppert Landscape is a provider of commercial landscaping services.

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]]> J.C. Flowers invests $125m in CFG Bank’s holding company Capital Funding Bancorp https://www.pehub.com/j-c-flowers-invests-125m-in-cfg-banks-holding-company-capital-funding-bancorp/ Wed, 20 Dec 2023 13:21:55 +0000 https://www.pehub.com/?p=20000003681091 Based in Baltimore, CFG Bank provides financing and banking solutions to the national healthcare and multifamily industries.

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]]> Aon to acquire PE-backed insurance broker NFP https://www.pehub.com/aon-to-acquire-pe-backed-insurance-broker-nfp/ Wed, 20 Dec 2023 13:15:51 +0000 https://www.pehub.com/?p=20000003681090 The sellers are Madison Dearborn Partners and HPS Investment Partners.

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]]> Sentinel Capital buys manufacturer High Bar Brands https://www.pehub.com/sentinel-capital-buys-manufacturer-high-bar-brands/ Wed, 20 Dec 2023 13:10:58 +0000 https://www.pehub.com/?p=20000003681089 Sentinel invests in midmarket businesses in the U.S. and Canada.

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]]> Hg’s Alan Cline: ‘The AI revolution is real’ https://www.pehub.com/hgs-alan-cline-the-ai-revolution-is-real/ Wed, 20 Dec 2023 12:00:24 +0000 https://www.pehub.com/?p=20000003681009 'We see opportunities for our companies to harness the power of AI for both customer-facing applications and internal productivity opportunities.'

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]]> Texas Municipal Retirement Systems taps Kim as CIO https://www.pehub.com/texas-municipal-retirement-systems-taps-kim-as-cio/ Tue, 19 Dec 2023 20:10:57 +0000 https://www.pehub.com/?p=20000003681075 Currently, Kim is an investment director working on the private equity team at the California Public Employees Retirement System.

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]]> GI Partners to acquire telecom service provider DQE Communications https://www.pehub.com/gi-partners-to-acquire-telecom-service-provider-dqe-communications/ Tue, 19 Dec 2023 17:47:53 +0000 https://www.pehub.com/?p=20000003681066 The seller was Duquesne Light Holdings.

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]]> Nordic Capital acquires healthcare tech firm IntegriChain https://www.pehub.com/nordic-capital-acquires-healthcare-tech-firm-integrichain/ Tue, 19 Dec 2023 16:45:36 +0000 https://www.pehub.com/?p=20000003681060 The seller was Accel-KKR.

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]]> Bluejay Capital-backed BWT acquires International Express Trucking https://www.pehub.com/bluejay-capital-backed-bwt-acquires-international-express-trucking/ Tue, 19 Dec 2023 16:42:12 +0000 https://www.pehub.com/?p=20000003681059 BWT is a B2B warehousing and transportation business.

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]]> Sentinel Capital recaps manufacturer Online Labels Group https://www.pehub.com/sentinel-capital-recaps-manufacturer-online-labels-group/ Tue, 19 Dec 2023 15:42:25 +0000 https://www.pehub.com/?p=20000003681055 Sentinel invests in midmarket businesses in the U.S. and Canada.

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]]> H.I.G. to acquire ZimVie’s spine business https://www.pehub.com/h-i-g-to-acquire-zimvies-spine-business/ Tue, 19 Dec 2023 15:14:33 +0000 https://www.pehub.com/?p=20000003681047 According to terms of the deal, ZimVie will receive $375 million in total consideration.

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]]> CPP Investments pours additional £300m into Octopus Energy https://www.pehub.com/cpp-investments-pumps-extra-300m-into-octopus-energy/ Tue, 19 Dec 2023 15:08:49 +0000 https://www.pehub.com/?p=20000003681042 Octopus Energy Group is a British renewable energy group specializing in sustainable energy.

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]]> Fengate buys Morris Cogeneration from Atlantic Power and Utilities https://www.pehub.com/fengate-buys-heat-and-power-facility-morris-cogeneration-from-atlantic-power-and-utilities/ Tue, 19 Dec 2023 15:03:21 +0000 https://www.pehub.com/?p=20000003681045 Fengate acquired ownership of the facility under its strategic operating partnership with energy generation investor and asset manager Ironclad Energy.

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]]> Neighbourly backer PCP lowers offer to take company private https://www.pehub.com/neighbourly-backer-pcp-lowers-offer-to-take-company-private/ Tue, 19 Dec 2023 14:56:38 +0000 https://www.pehub.com/?p=20000003681032 Based in Toronto, Neighbourly Pharmacy is a network of community pharmacies.

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]]> BPOC-backed Atlas Clinical Research scoops up therapeutic research facility Suncoast https://www.pehub.com/bpoc-backed-atlas-clinical-research-scoops-up-therapeutic-research-facility-suncoast/ Tue, 19 Dec 2023 14:24:32 +0000 https://www.pehub.com/?p=20000003681034 Atlas Clinical Research is a clinical site network.

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]]> First Reserve snaps up turbomachinery maintenance services firm AP4 https://www.pehub.com/first-reserve-snaps-up-turbomachinery-maintenance-services-firm-ap4/ Tue, 19 Dec 2023 14:17:05 +0000 https://www.pehub.com/?p=20000003681035 AP4 was founded in 1990.

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]]> Carlyle, Insight invest in enterprise software; Bridgepoint to reinvest in PEI; Andrea Auerbach predicts 2024 uptick https://www.pehub.com/carlyle-insight-invest-in-enterprise-software-bridgepoint-to-reinvest-in-pei-andrea-auerbach-predicts-2024-uptick/ Tue, 19 Dec 2023 14:09:41 +0000 https://www.pehub.com/?p=20000003681027 Bridgepoint is reinvesting in PEI.

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]]> FirstService buys Soundcore-backed Roofing Corp of America https://www.pehub.com/firstservice-buys-soundcore-backed-roofing-corp-of-america/ Tue, 19 Dec 2023 13:45:14 +0000 https://www.pehub.com/?p=20000003681021 Under the terms of the deal, FirstService will acquire a significant controlling interest for a purchase price of $413 million.

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]]> Turning Rock backs pet services provider Best Friends Pet Care https://www.pehub.com/turning-rock-backs-pet-services-provider-best-friends-pet-care/ Tue, 19 Dec 2023 13:18:49 +0000 https://www.pehub.com/?p=20000003681026 Existing shareholders also participated in the new round of capital.

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]]> JMI Equity promotes Schmitt to partner https://www.pehub.com/jmi-equity-promotes-schmitt-to-partner/ Tue, 19 Dec 2023 13:10:56 +0000 https://www.pehub.com/?p=20000003681022 Schmitt, who is based in Baltimore, will continue serve in her CFO role.

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]]> Carlyle and Insight Partners to invest in enterprise software firm Exiger https://www.pehub.com/carlyle-and-insight-partners-to-invest-in-enterprise-software-firm-exiger/ Tue, 19 Dec 2023 13:07:41 +0000 https://www.pehub.com/?p=20000003681023 The company’s management, founders, and existing investor Carrick Capital Partners will reinvest equity as part of this transaction.

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]]> Platinum Equity-backed Hop Lun buys swimwear company Rainbow West Apparel https://www.pehub.com/platinum-equity-backed-hop-lun-buys-swimwear-company-rainbow-west-apparel/ Tue, 19 Dec 2023 13:03:15 +0000 https://www.pehub.com/?p=20000003681024 Based in Hong Kong, Hop Lun is a designer and maker of undergarments and swimwear.

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]]> Announcement: PEI Group agrees further funding from Bridgepoint for next stage of growth https://www.pehub.com/announcement-pei-group-agrees-further-funding-from-bridgepoint-for-next-stage-of-growth/ Tue, 19 Dec 2023 12:09:28 +0000 https://www.pehub.com/?p=20000003681017 'Our initial investment in 2018 via our small mid-cap fund has been highly successful and we’re delighted that Bridgepoint will be able to continue working with management and provide additional investment for the next stage of growth of PEI,' says Bridgepoint.

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]]> Cambridge Associates’ Andrea Auerbach: Rate cuts in 2024 may break the transaction logjam and spur activity https://www.pehub.com/cambridge-associates-andrea-auerbach-rate-cuts-in-2024-may-break-the-transaction-logjam-and-spur-activity/ Tue, 19 Dec 2023 12:00:52 +0000 https://www.pehub.com/?p=20000003681007 'Much like covid variants, 2023’s challenges will evolve and expand as we head into 2024, and some might even abate.'

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]]> TPG acquires a majority in Oxford’s GTA industrial business parks https://www.pehub.com/tpg-acquires-a-majority-stake-in-oxford-properties-two-industrial-business-parks/ Mon, 18 Dec 2023 20:03:42 +0000 https://www.pehub.com/?p=20000003681005 The joint venture, which is the first between TPG and Oxford, represents one of the largest private industrial real estate deals in Canada.

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]]> Transom Capital acquires flooring products provider Galleher https://www.pehub.com/transom-capital-acquires-flooring-products-provider-galleher/ Mon, 18 Dec 2023 18:44:49 +0000 https://www.pehub.com/?p=20000003681004 Kirkland & Ellis LLP served as legal advisor to Transom Capital and PNC Bank provided the debt financing for the transaction.

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]]> Gemini Investors-backed Conditioned Air snaps up HVAC service firm A/C Designs https://www.pehub.com/gemini-investors-backed-conditioned-air-snaps-up-hvac-service-firm-a-c-designs/ Mon, 18 Dec 2023 18:10:23 +0000 https://www.pehub.com/?p=20000003681002 Conditioned Air is a provider of residential HVAC services and new construction services provider in Southwest Florida.

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]]> Sterling Group-backed Frontline Road Safety buys pavement marking firm Aero-Mark https://www.pehub.com/sterling-group-backed-frontline-road-safety-buys-pavement-marking-firm-aero-mark/ Mon, 18 Dec 2023 17:59:34 +0000 https://www.pehub.com/?p=20000003680996 Frontline is a provider of pavement marking services.

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]]> Value creation in the mid-market https://www.pehub.com/value-creation-in-the-mid-market/ Mon, 18 Dec 2023 17:30:22 +0000 https://www.pehub.com/?p=20000003680988 The usual routes to generating value have become less linear than in past years. The macro issues that have emerged are not easy to ignore or navigate, writes Jordan Margolin of VSS Capital Partners.

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]]> EQT to buy manufacturer Zeus Company https://www.pehub.com/eqt-to-buy-manufacturer-zeus-company/ Mon, 18 Dec 2023 16:46:28 +0000 https://www.pehub.com/?p=20000003681001 The seller is the Tourville family.

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]]> Soundcore exits roofing service provider Roofing Corp https://www.pehub.com/soundcore-exits-roofing-service-provider-roofing-corp/ Mon, 18 Dec 2023 16:39:24 +0000 https://www.pehub.com/?p=20000003681000 The buyer was FirstService Corporation.

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]]> Cerberus snaps up home equity financing firm Spring EQ https://www.pehub.com/cerberus-snaps-up-home-equity-financing-firm-spring-eq/ Mon, 18 Dec 2023 16:14:34 +0000 https://www.pehub.com/?p=20000003680998 Spring EQ founder and CEO Jerry Schiano will continue to lead the company.

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]]> AEI promotes Compton, Konert and Nemo to managing partner https://www.pehub.com/aei-promotes-compton-konert-and-nemo-to-managing-partner/ Mon, 18 Dec 2023 16:11:19 +0000 https://www.pehub.com/?p=20000003680995 Compton and Konert joined AEI in 2014 while Nemo came on board in 2016.

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]]> Stonepeak to provide up to $200m to digital infrastructure provider GTA https://www.pehub.com/stonepeak-to-provide-up-to-200m-to-digital-infrastructure-provider-gta/ Mon, 18 Dec 2023 15:53:51 +0000 https://www.pehub.com/?p=20000003680994 Huntsman Family Investments will continue to be the majority owner of GTA and operate the asset.

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]]> Z Capital Partners-backed Mōdere taps Frazier as president and COO https://www.pehub.com/z-capital-partners-backed-modere-taps-frazier-as-president-and-coo/ Mon, 18 Dec 2023 15:46:28 +0000 https://www.pehub.com/?p=20000003680993 He has also been appointed executive chairman of the company's board of directors.

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]]> Bluestone invests in Magnifi creator VideoVerse https://www.pehub.com/bluestone-invests-in-magnifi-creator-videoverse/ Mon, 18 Dec 2023 15:13:25 +0000 https://www.pehub.com/?p=20000003680987 In connection with this investment, Bluestone’s Sharma will join VideoVerse’s board of directors.

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]]> Ardian buys Peruvian hydropower company https://www.pehub.com/ardian-buys-peruvian-hydropower-company/ Mon, 18 Dec 2023 15:09:44 +0000 https://www.pehub.com/?p=20000003680982 The sellers are BTG Pactual, Patria Investments and GMR Holding B.V.

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]]> PE Hub’s Top Stories of 2023, plus EQT’s Alex Darden is very optimistic about 2024 https://www.pehub.com/pe-hubs-top-stories-of-2023-plus-eqts-alex-darden-is-very-optimistic-about-2024/ Mon, 18 Dec 2023 14:50:44 +0000 https://www.pehub.com/?p=20000003680983 PE Hub recaps year's most popular stories.

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]]> Penfund closes C$70m sub debt investment in OMERS’ CBI Health https://www.pehub.com/penfund-closes-c70m-sub-debt-investment-in-omers-cbi-health/ Mon, 18 Dec 2023 14:28:09 +0000 https://www.pehub.com/?p=20000003680981 CBI Health Group is a Toronto-based provider of community health care services.

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]]> Clearlake Capital and Insight Partners to take software firm Alteryx private for $4.4bn https://www.pehub.com/clearlake-capital-and-insight-partners-to-take-software-firm-alteryx-private-for-4-4bn/ Mon, 18 Dec 2023 13:51:01 +0000 https://www.pehub.com/?p=20000003680976 According to the terms of the deal, Alteryx stockholders will receive $48.25 per share in cash for each share they own.

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]]> Regimen-backed Plastifab Industries acquires MoldPro https://www.pehub.com/regimen-backed-plastifab-industries-acquires-moldpro/ Mon, 18 Dec 2023 13:49:05 +0000 https://www.pehub.com/?p=20000003680979 Based in Montreal, Plastifab is a manufacturer of extruded thermoplastic products for a wide range of industrial and commercial end-uses.

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]]> Kinzie Capital-backed GT Golf scoops up golf accessories provider ProActive https://www.pehub.com/kinzie-capital-backed-gt-golf-scoops-up-golf-accessories-provider-proactive/ Mon, 18 Dec 2023 13:28:15 +0000 https://www.pehub.com/?p=20000003680977 GT Golf is a wholesale golf distributor.

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]]> 65 Equity Partners takes minority stake in specialty appliances provider FSI https://www.pehub.com/65-equity-partners-takes-minority-stake-in-specialty-appliances-provider-fsi/ Mon, 18 Dec 2023 13:19:54 +0000 https://www.pehub.com/?p=20000003680978 FSI is the controlling company of the Summit Appliance and Accucold brands.

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]]> OpenGate Capital sells chemical manufacturer Verdant to Samyang Group for $250 million https://www.pehub.com/opengate-capital-sells-chemical-manufacturer-verdant-to-samyang-group-for-250-million/ Mon, 18 Dec 2023 13:09:46 +0000 https://www.pehub.com/?p=20000003680975 Samyang Holdings is the holding company of Samyang Group, a Korean heritage global conglomerate that was founded in 1924.

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]]> Yellow Wood to scoop up Elida Beauty from Unilever https://www.pehub.com/yellow-wood-to-scoop-up-elida-beauty-from-unilever/ Mon, 18 Dec 2023 13:00:32 +0000 https://www.pehub.com/?p=20000003680974 The Elida Beauty portfolio includes Q-tips, Impulse, Caress, Tigi, Timotei, Monsavon, Brut, Moussel, Alberto Balsam, and VO5.

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]]> Audax invests in tire retailer Dobbs https://www.pehub.com/audax-invests-in-tire-retailer-dobbs/ Mon, 18 Dec 2023 12:57:00 +0000 https://www.pehub.com/?p=20000003680973 Capstone Partners acted as financial advisor to Dobbs on the transaction, while Stifel acted as financial advisor to Audax.

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]]> KKR leads acquisition of $7.2bn prime RV loans portfolio from BMO https://www.pehub.com/kkr-leads-acquisition-of-7-2bn-portfolio-of-prime-rv-loans-from-bmo/ Mon, 18 Dec 2023 12:53:33 +0000 https://www.pehub.com/?p=20000003680972 Concurrently with the sale, BMO purchased approximately $6.4bn of senior notes collateralized by the sold loans.

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]]> TG Natural Resources to acquire Quantum Capital-backed Rockcliff Energy for $2.7bn https://www.pehub.com/tg-natural-resources-to-acquire-quantum-capital-backed-rockcliff-energy-for-2-7bn/ Mon, 18 Dec 2023 12:50:19 +0000 https://www.pehub.com/?p=20000003680971 Rockcliff Energy is an upstream natural gas company focused on developing the East Texas Haynesville shale.

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]]> EQT’s Alex Darden: Private capital has a huge role to play in the transition to net zero https://www.pehub.com/eqts-alex-darden-private-capital-has-a-huge-role-to-play-in-the-transition-to-net-zero/ Mon, 18 Dec 2023 12:00:15 +0000 https://www.pehub.com/?p=20000003680936 Madison Energy Infrastructure was among EQT’s most significant infrastructure investments of 2023.

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]]> Lee Equity-backed Cardiovascular Logistics taps Leonard as chief compliance officer https://www.pehub.com/lee-equity-backed-cardiovascular-logistics-taps-leonard-as-chief-compliance-officer/ Fri, 15 Dec 2023 16:31:26 +0000 https://www.pehub.com/?p=20000003680941 Headquartered in Houma, Louisiana, Cardiovascular Logistics is a cardiovascular platform.

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]]> KSL promotes Adamson, Edsinger, Rohnstock and Yu to partner https://www.pehub.com/ksl-promotes-adamson-edsinger-rohnstock-and-yu-to-partner/ Fri, 15 Dec 2023 16:11:31 +0000 https://www.pehub.com/?p=20000003680938 Also, the private equity firm has upped Michael Acierno and Harris Levinson to principal.

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]]> Stonepeak-backed Peak Energy forms JV with Korean renewable developer TOPINFRA https://www.pehub.com/stonepeak-backed-peak-energy-forms-jv-with-korean-renewable-developer-topinfra/ Fri, 15 Dec 2023 15:25:03 +0000 https://www.pehub.com/?p=20000003680935 The JV will focus on the development and management of more than 500 MW of solar and battery projects.

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]]> KKR identifies industrial automation, worker reskilling, AI, decarbonization as mega themes; Vista still likes enterprise software https://www.pehub.com/kkr-identifies-industrial-automation-worker-reskilling-ai-decarbonization-as-mega-themes-vista-still-likes-enterprise-software/ Fri, 15 Dec 2023 14:36:45 +0000 https://www.pehub.com/?p=20000003680930 KKR releases its 2024 global macro outlook.

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]]> TorQuest Partners racks up $2.1bn for sixth flagship buyout fund https://www.pehub.com/torquest-partners-racks-up-2-1bn-for-sixth-fund/ Fri, 15 Dec 2023 14:00:23 +0000 https://www.pehub.com/?p=20000003680928 TorQuest had set an initial target for external commitments of $1.75 billion.

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]]> Long Ridge to exit medical insurance claim settlements administrator Ametros https://www.pehub.com/long-ridge-to-exit-medical-insurance-claim-settlements-administrator-ametros/ Fri, 15 Dec 2023 13:06:10 +0000 https://www.pehub.com/?p=20000003680923 The purchase price is $350 million.

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]]> Lone View Capital-backed TREND Health Partners buys healthcare tech firm Advent https://www.pehub.com/lone-view-capital-backed-trend-health-partners-buys-healthcare-tech-firm-advent/ Fri, 15 Dec 2023 12:59:48 +0000 https://www.pehub.com/?p=20000003680924 Based in Maryland, Trend is a provider of healthcare credit balance management and payment accuracy solutions.

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]]> Vista’s Patrick Severson: Promising enterprise software sectors in 2024 include cybersecurity, energy transition, healthcare IT https://www.pehub.com/vistas-patrick-severson-promising-enterprise-software-sectors-in-2024-include-cybersecurity-energy-transition-healthcare-it/ Fri, 15 Dec 2023 12:00:02 +0000 https://www.pehub.com/?p=20000003680803 Vista signed two platform investments, TRG Screen and Energy Exemplar, in H2 despite the deal downturn.

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]]> Aquiline Capital-backed Relation buys Kane Insurance Agency https://www.pehub.com/aquiline-capital-backed-relation-buys-kane-insurance-agency/ Thu, 14 Dec 2023 19:40:31 +0000 https://www.pehub.com/?p=20000003680905 Walnut Creek, California-based Relation is an insurance brokerage.

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]]> OceanSound Partners-backed RMA acquires Rone Engineering https://www.pehub.com/oceansound-partners-backed-rma-acquires-rone-engineering/ Thu, 14 Dec 2023 19:37:49 +0000 https://www.pehub.com/?p=20000003680902 RMA is a provider of professional services in environmental consulting, geosciences, and materials testing and inspection for critical public and private infrastructure assets.

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]]> Heartwood Partners invests in meat packing and distribution firm Bush Brothers https://www.pehub.com/heartwood-partners-invests-in-meat-packing-and-distribution-firm-bush-brothers/ Thu, 14 Dec 2023 19:13:32 +0000 https://www.pehub.com/?p=20000003680901 Bush Brothers is a fifth-generation family-owned business and the owners retained a meaningful investment in the company.

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]]> Generation Growth Capital unveils new metal manufacturing platform American Consolidated Metals https://www.pehub.com/generation-growth-capital-unveils-new-metal-manufacturing-platform-american-consolidated-metals/ Thu, 14 Dec 2023 18:27:06 +0000 https://www.pehub.com/?p=20000003680898 The launch is the result of GGC's acquisition of three metal fabricating companies: West Bend, Wisconsin-based Federal Tool & Engineering; Isanti, Minnesota-based BP Metals; and Illinois-based Rockford Specialties.

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]]> Kordas joins Houlihan Lokey as managing director in industrials group https://www.pehub.com/kordas-joins-houlihan-lokey-as-managing-director-in-industrials-group/ Thu, 14 Dec 2023 16:51:11 +0000 https://www.pehub.com/?p=20000003680891 Based in Chicago, Korda will lead coverage of the energy field services and equipment sector.

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]]> Delos Capital-backed LSI acquires manufacturer Craft Pattern and Mold https://www.pehub.com/delos-capital-backed-lsi-acquires-manufacturer-craft-pattern-and-mold/ Thu, 14 Dec 2023 16:33:46 +0000 https://www.pehub.com/?p=20000003680890 Based in Le Sueur, Minnesota, LSI is a supplier of complex and pressure-tight aluminum castings and plastic injection molding components.

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]]> Argosy Private Equity takes controlling stake in warehouse racking firm Wize Solutions https://www.pehub.com/argosy-private-equity-takes-controlling-stake-in-warehouse-racking-firm-wize-solutions/ Thu, 14 Dec 2023 16:22:47 +0000 https://www.pehub.com/?p=20000003680886 Wize was founded in 2007.

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]]> Waud Capital-backed TeamSnap scoops up youth sports media platform MOJO Sports https://www.pehub.com/waud-capital-backed-teamsnap-scoops-up-youth-sports-media-platform-mojo-sports/ Thu, 14 Dec 2023 15:41:27 +0000 https://www.pehub.com/?p=20000003680871 TeamSnap is a provider of sports management software and the online community for everything youth sports.

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]]> TruArc Partners backs Watchtower Security https://www.pehub.com/truarc-partners-backs-watchtower-security/ Thu, 14 Dec 2023 15:11:50 +0000 https://www.pehub.com/?p=20000003680875 Watchtower Security was founded in 2004.

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]]> KKR taps Holmes as chief administrative officer https://www.pehub.com/kkr-taps-holmes-as-chief-administrative-officer/ Thu, 14 Dec 2023 15:08:36 +0000 https://www.pehub.com/?p=20000003680877 The appointment is effective December 29, 2023.

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]]> Bain closes $5.3bn Guidehouse deal; DC Advisory tips busy Q1; Vestar’s foodservice exit in focus https://www.pehub.com/bain-closes-5-3bn-guidehouse-deal-dc-advisory-tips-busy-q1-vestars-foodservice-exit-in-focus/ Thu, 14 Dec 2023 15:01:20 +0000 https://www.pehub.com/?p=20000003680866 Thoma Bravo backs investment research platform BlueMatrix.

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]]> Bain Capital completes $5.3bn buyout of consulting services firm Guidehouse https://www.pehub.com/bain-capital-completes-5-3bn-buyout-of-consulting-services-firm-guidehouse/ Thu, 14 Dec 2023 13:54:40 +0000 https://www.pehub.com/?p=20000003680852 The seller was Veritas Capital.

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]]> Allied Industrial Partners-backed CES Power buys entertainment industry IT services firm Roundrock https://www.pehub.com/allied-industrial-partners-backed-ces-power-buys-entertainment-industry-it-services-firm-roundrock/ Thu, 14 Dec 2023 13:46:15 +0000 https://www.pehub.com/?p=20000003680848 Based in Memphis, CES Power is a provider of sustainable mobile power generation, distribution, and temperature control solutions for large events.

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]]> Software firm CINC grabs investment from Hg https://www.pehub.com/software-firm-cinc-grabs-investment-from-hg/ Thu, 14 Dec 2023 13:43:19 +0000 https://www.pehub.com/?p=20000003680849 CINC Systems' existing backer is Spectrum Equity.

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]]> TowerBrook invests in protein products maker Demakes Enterprises https://www.pehub.com/towerbrook-invests-in-protein-products-maker-demakes-enterprises/ Thu, 14 Dec 2023 13:26:51 +0000 https://www.pehub.com/?p=20000003680842 A fourth-generation family business, Demakes was founded in 1914.

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]]> Red Dog Equity-backed Mammoth Holdings picks up car wash platform Today’s Car Wash https://www.pehub.com/red-dog-equity-backed-mammoth-holdings-picks-up-car-wash-platform-todays-car-wash/ Thu, 14 Dec 2023 13:17:52 +0000 https://www.pehub.com/?p=20000003680843 Dallas-based Mammoth Holdings is an express car wash platform with 130 operating locations.

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]]> Castle Harlan picks up Bluefin tuna rancher Baja Aqua-Farms https://www.pehub.com/castle-harlan-picks-up-bluefin-tuna-rancher-baja-aqua-farms/ Thu, 14 Dec 2023 13:14:27 +0000 https://www.pehub.com/?p=20000003680838 Baja Aqua-Farms is also backed by Westgrove Partners.

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]]> Pritzker Private Capital scoops up commercial landscaping firm HeartLand https://www.pehub.com/pritzker-private-capital-scoops-up-commercial-landscaping-firm-heartland/ Thu, 14 Dec 2023 13:06:23 +0000 https://www.pehub.com/?p=20000003680835 Piper Sandler served as lead financial advisor to HeartLand while Solomon Partners and CCG Advisors served as co-financial advisors.

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