Blackstone agreed to buy Civica, a cloud software service provider, from Partners Group for around $2.5bn in late November.
SisTech is the sixth platform company in LFM’s third fund of $310m, which closed in 2022.
Private equity firms may be among those competing with stalking horse bidder MedImpact.
'We’re still in the very early innings,' Perry said about the secondaries market. 'I would argue we're probably at the top of the second inning.'
NewSpring bought Underdog in June and announced its first add-on earlier in November.
An investor group led by Greenbelt announced the acquisition of Saber Power Services, a Houston-based infrastructure services platform, earlier in November.
Riverside is selling the Australian business, which develops simulation software for power companies, to Blackstone and Vista.
PAT has opportunity to grow thanks to a deficit of towers in Nigeria as well as the country’s growing use of mobile data, says DPI’s Adefolarin Ogunsanya and Verod’s Daniel Adeoye.
Garnett co-founders Matt Perelman and Alex Sloane expect to add more regional chains to Authentic Restaurant Brands in 2024.
Sterling recently sold the performance-based music education franchise that inspired the Jack Black movie and the Broadway musical.