Astorg has agreed to sell its portfolio company Surfaces Group to TA Associates. Surfaces Group is a supplier of abrasive tools and consumables used in the manufacturing process of high-end materials. The group’s products are
Giant bets on tools to battle the new coronavirus pandemic help sector
Genstar has acquired Sonny’s Enterprises, a manufacturer of car wash equipment and supplies, from Sentinel Capital Partners. Sonny’s is the largest manufacturer and distributor of conveyorized car wash equipment, parts and supplies in the world
ERI Solutions, a portfolio company of Spire Capital since November 2018, has acquired DBI Group. DBI is a provider of non-destructive testing, mechanical integrity inspections, pipeline integrity inspections, and heat treating services. The company, led
EyeSouth Partners, a portfolio company of Shore Capital Partners, has acquired Retina Associates of Middle Georgia (RAMG). RAMG provides ophthalmology services for the treatment of diseases of the retina, macula, and vitreous. The practice is
Tonka Bay Equity Partners has closed its fourth fund, Bayview Capital Partners IV LP, with $200 million of capital. Tonka Bay invests in companies that have between $20 million and $50 million of revenue and
Alvarez & Marsal (A&M) has added James Marceau as a managing director in its private equity performance improvement group. Mr. Marceau will be active within A&M’s aerospace, defense and aviation practice and will be based
Carrick Capital Partners has acquired Flatiron School, an educational provider of on-line coding skills, from WeWork. New York City-based Flatiron School is an educational institution that teaches software engineering, computer programming, data science, and cybersecurity
Private equity firm Silver Lake, a Twitter investor, is reported to be interested in helping fund a possible deal
Intermediate Capital Group is reportedly in talks with LPs over raising a €1bn 'recovery fund' to invest in business opportunities thrown up by the Covid-19 pandemic.
PolyVision, a portfolio company of Industrial Opportunity Partners (IOP), has acquired Marsh Industries, a manufacturer of visual display boards. IOP acquired PolyVision in February 2020 from publicly traded Steelcase. Marsh Industries is a maker of
Blackstone has agreed to acquire Ancestry from Silver Lake, GIC, Spectrum, and Permira at an enterprise value of $4.7 billion. The buy of Ancestry is the first control acquisition for Blackstone Capital Partners VIII LP
River Associates Investments has acquired Yale Cordage in partnership with the company’s management team. Yale Cordage is a designer and manufacturer of synthetic rope and rope systems used in critical, high cost-of-failure applications. Specific uses
All4Labels, a portfolio company of Triton, has acquired Italy-based GPS Label and its subsidiary Rotomet.
GPs might seek to offer more attractive fund terms to incentivise LPs in the current climate, a global financial crisis. But what form might such incentives take, and are GP/LP relations likely to be affected
Opalesque Industry Update - CalPERS announced that Chief Investment Officer Yu (Ben) Meng is resigning, effective August 5. Dan Bienvenue, deputy chief investment officer, will serve as interim chief investment officer. CalPERS will start an
Pension giant CalPERS has revealed the surprise resignation of CIO Yu Meng after just 18 months in the role.
Nordic Alpha Partners has backed a $14m series-B round for Germany-based 3D printing company DyeMansion, alongside the company's existing investors UVC Partners, BtoV Partners, KGAL and AM Ventures.
CIO set out to implement a reform agenda
