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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.
Verdun Perry, Blackstone Strategic Partners
'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.'
A large group of young adult football fans in outdoor stadium seats and dressed in blue clothing yell and cheer with excitement for their team.
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.
Pan African Towers
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.
Picture of Pollo Tropical restaurant
Garnett co-founders Matt Perelman and Alex Sloane expect to add more regional chains to Authentic Restaurant Brands in 2024.
Teenage girls performing in a rock band
Sterling recently sold the performance-based music education franchise that inspired the Jack Black movie and the Broadway musical.
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