Swedish private equity house Procuritas has backed headless guitar make Strandberg to support the continued scale-up of the company. The post Procuritas picks up headless guitar specialist Strandberg as latest Fund VI deal first appeared on
3i has scored a 2.6x return by selling Magnitude Software to trade buyer Insightsoftware for £344m, double what the business was valued at the end of June. The post 3i seals quick return on 2019
Pan-European private equity investor Agilitas has brought in four new investment team members to follow its €565m hard cap fund close earlier this year. The post Agilitas boosts dealmaking team with four new hires to
NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Pete Stavros, Partner and Co-Head of Americas Private Equity, will present at the BofA 2021 Banking and Financials Conference on Wednesday, November 10,
Specialty buyout firm Timber Bay Partners has closed Timber Bay Partners Fund II on $305m, beating its target of $275m. The post Timber Bay Partners closes Fund II on $305m first appeared on AltAssets Private
Mid-market buyout house Astara Capital Partners has hired former Gamut Capital CFO Athos Zakou as CFO and COO to oversee all finance, accounting, tax, technology and operational areas in the firm. The post Astara Capital
Washington DC-based private equity firm The Halifax Group has hired Charles Alutto from Stericycle as operating executive in the investment team. Alutto will evaluate the firm’s specific investment opportunities and assist in validating its investment
Bain Capital has made a $300m investment in Polaris-backed Cardurion Pharmaceuticals through Bain Capital Life Sciences and Bain Capital Private Equity. The post Bain Capital joins Polaris to back cardiovascular treatment developer Cardurion in $300m
Sverica Capital Management has bought into system integration firm Control Concepts. The post $1.1bn-managing Sverica buys into system integration firm Control Concepts first appeared on AltAssets Private Equity News.
Clearview Capital has exited portfolio company Controlled Products Acquisition to mid-market buyout firm Sentinel Capital Partners. The post Clearview exits turf maker Controlled Products after tripling EBITDA first appeared on AltAssets Private Equity News.
Pan European private equity firm IK Partners has acquired healthcare tube system supplier Plastiflex Group out of its €1.2bn Small Cap III Fund. The post IK Investment Partners taps €1.2bn Small Cap III Fund for
Partners Group has agreed to acquire a significant minority stake in Swiss watchmaker Breitling from CVC Capital Partners as it predicts a 6% CAGR growth in the luxury watch segment between 2021 and 2024. The
CORE Industrial Partners has formed a new additive manufacturing platform through the truple buyout of 3DXTECH, Triton 3D and Gearbox3D. The post CORE Industrial picks up trio of businesses to create new additive manufacturing platform first
IK Partners is to acquire Germany-based IT service and software development firm Conet Technologies from HIG Capital.
Levine Leichtman Capital Partners has continued a strong run of exits with the sale of home healthcare services franchise business Caring Brands International to Wellspring Capital Management. The post Levine Leichtman sells home healthcare franchise
UK-based mid-cap investor Dunedin has seen 18 team members depart this year, including three partners, following the decision to halt the fundraise for its fourth vehicle.
Platinum Equity has agreed a $480m sale of Orbit Irrigation to Husqvarna Group after less than three years in its portfolio. The post Platinum seals $480m Orbit Irrigation sale after doubling adjusted EBITDA in less
Venture capital investment giant Andreessen Horowitz is reportedly back eyeing another $6.5bn of capital across two new funds, having already raised about $2.6bn so far this year. The post Andreessen Horowitz said to follow $2.6bn
Advent International is reportedly out eyeing one of the biggest private equity fundraises in history as big firms continue to swell their investment coffers following the Covid-19 outbreak. The post Advent eyes up to $25bn
New early-stage investment house Asymmetric Capital Partners has hit an oversubscribed $105m final close for its debut fundraise. The post New VC house Asymmetric Capital Partners seals target-beating $105m debut fund close first appeared on
