1. Home
  2. Blogs for May, 2022

Month: May 2022

Angelo Gordon soars past $3bn goal for second credit solutions fund

Credit and real estate investment major Angelo Gordon has beaten its $3bn target for its second credit solutions fund after seven months in the market. The post Angelo Gordon soars past $3bn goal for second

Trivest Partners ups fund sizes again with over $1.5bn across two new vehicles

Miami-based private equity house Trivest Partners has raised more than $1.5bn across its latest two funds - a hefty increase compared to their predecessor vehicles. The post Trivest Partners ups fund sizes again with over

Sovereign Capital readies Nurse Plus for exit

Sovereign Capital has hired Clearwater International to explore a sale of UK-based healthcare staff agency Nurse Plus, two sources familiar with the situation said.

KKR Closes Inaugural Asia Credit Fund at US$1.1 Billion

HONG KONG--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final close of KKR Asia Credit Opportunities Fund (“ACOF” or the “Fund”), a US$1.1 billion fund focused on performing privately originated credit investments

KKR Leads $200+ Million Growth Investment in Enterprise Identity Protection Leader Semperis

Semperis, a pioneer in identity-driven cyber resilience for enterprises, today announced it has raised over $200 million in Series C funding led by KKR, with participation from Ten Eleven Ventures, Paladin Capital Group, Atrium Health

Bettcher Industries to Acquire Automated Protein Processing Equipment Manufacturer Frontmatec from Axcel

Acquisition Represents Important Step in Building Scaled Food Processing Automation Platform BIRMINGHAM, Ohio--(BUSINESS WIRE)-- Bettcher Industries (“Bettcher”), a leading manufacturer of protein processing equipment, today announced the signing of a definitive agreement under which it

Perusa to exit Müpro in SBO to IK

German private equity firm Perusa has agreed to sell portfolio company Müpro, an industrial fixings supplier, to IK Partners; the company’s management will reinvest with a minority stake.

Ufenau acquires EinzelNet in first deal with Fund VII

Swiss sponsor Ufenau has acquired a majority stake in Spanish IT services group EinzelNet in a deal that marks the first platform investment for its latest EUR 1bn flagship fund.

Verdane exits corporate management software Clausion after doubling annual recurring revenues

European investor Verdane has exited corporate management software Clausion in a trade deal to insightsoftware, after almost doubling the company's annual recurring revenues. The post Verdane exits corporate management software Clausion after doubling annual recurring

Advent raises USD 25bn for GPE X

Advent International has raised USD 25bn for its tenth flagship fund, which it will seek to deploy steadily over the next four-five years over 35-40 investments, Johanna Barr, managing director and co-head of LP services,

Tyree & D’Angelo Partners hits $350m Fund III hard cap

Chicago-based mid-market investor Tyree & D'Angelo Partners has hit a $350m hard cap final close for its third fund. The post Tyree & D’Angelo Partners hits $350m Fund III hard cap first appeared on AltAssets

Centre Capital buys back seafood restaurant business Captain D’s from Sentinel Capital Partners

Sentinel Capital Partners has sold seafood quick-service restaurant chain Captain D's to fellow private equity house Centre Partners. The post Centre Capital buys back seafood restaurant business Captain D’s from Sentinel Capital Partners first appeared

KKR leads new funding round in US cybersecurity firm Semperis, joins by Insight Partners, Ten Eleven Ventures

KKR has led a $200m funding round in US cybersecurity software firm Semperis at a valuation said to be substantially higher than in its previous round which valued the company at $142m. The post KKR

Second director-level hire in weeks for Lead Capital Partners sees Carl Grote join team

Healthcare-focused buyout house Lead Capital Partners has made its second director-level hire in just a few weeks by bringing in Carl Grote. Grote previously worked in the investment banking departments of Janney Montgomery Scott and Robert

Golden Gate Capital bags $479m sale of engine lubricant specialist PetroChoice

Golden Gate Capital has sold engine lubricant and services business PetroChoice to Moove, a subsidiary of Brazilian conglomerate Cosan, in a $479m deal. The post Golden Gate Capital bags $479m sale of engine lubricant specialist

MB Funds to exit Raksystems in sale to Trill Impact

MB Funds has agreed to exit Raksystems Group, a Finnish specialist in green building and property evaluations, in a sale to Trill Impact.

Advent pulls in $25bn to close second-largest private equity fund ever raised

Private equity giant Advent International has raised the second-largest private equity fund in history by bringing in $25bn for its new flagship investment vehicle, GPE X. The post Advent pulls in $25bn to close second-largest

Monterro collects first round bids in Outpost24 auction

Outpost24 owner Monterro has received first round bids for the Swedish cybersecurity full stack provider, three sources familiar with the situation said.

A Force in Hollywood’s Private-Equity Boom Adds a Spanish-Language Company

Candle Media, run by former Disney executives, is buying Exile, which has deals to produce shows for Netflix, HBO and Amazon Prime.

PEAL Capital buys majority stake in Derma Medical

PEAL Capital Partners has acquired a majority shareholding in UK-wide aesthetic training provider Derma Medical to support international expansion.

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.