1. Home
  2. All News

Category: United States

Do Reps and Warranties Insurers Pay Claims?

Law firm Lowenstein Sandler has just published a report, Getting Paid: A Look at Representations & Warranties Insurance, that explores whether insurances companies actually pay reps and warranties (R&W) claims. According to Lowenstein Sandler the

Providence agrees EdgeConnex exit to EQT, deal said to value business at up to $3bn

Providence Equity Partners has scored a sale of cloud data centre business EdgeConneX to fellow private equity player EQT in a deal which reportedly values the company at between $2.5bn and $3bn.

Baird Capital buys Welsh ‘aircraft recycler’ eCube

The investment is expected to help the company expand to North America

Whitman Peterson picks up $160m towards latest flagship real estate fundraise

Real estate-focused private equity house Whitman Peterson has hauled in $160m so far towards its fourth flagship fundraise.

Marquee Brands Acquires Sur La Table

Marquee Brands and CSC Generation have agreed to acquire the Sur La Table brand and all of its related intellectual property for $88.9 million. Seattle-based Sur La Table (French for “on the table”) is a

Blackford Sells Ellison Bakery to Tilia

Blackford Capital has sold Ellison Bakery, a manufacturer of bakery products sold to the foodservice industry, and retail and private label sectors, to Tilia Holdings, a Chicago-based firm that invests in the food sector. Ellison

Fort Point Builds Elevator Maintenance Platform

3Phase Elevator, a portfolio company of Fort Point Capital, has acquired Low Rise Elevator. Low Rise is based near Philadelphia in Lima, Pennsylvania and provides maintenance, repair, and modernization services to customers in the Philadelphia

PE Actively Supporting Portfolio Companies

According to a new report from Lincoln International, as the initial shockwaves of the global pandemic subside, both middle market private equity firms and lenders have proven supportive as portfolio companies navigated the financial challenges

American Capital spin-out Northlane passes $250m for first independent fundraise

American Capital spin-out Northlane Capital Partners has pulled past the $250m mark for its inaugural independent fundraise.

Long-serving Cerberus Capital senior exec Ron Rawald dies suddenly aged 56

Long-serving Cerberus Capital senior exec Ron Rawald has died suddenly at the age of 56.

New energy-focused private equity firm Andros Capital Partners hits $250m hard cap for debut fundraise

Newly-formed energy-focused private equity and credit investor Andros Capital Partners has hit a $250m hard cap close for its debut fundraise.

Nautic Partners creates US school, education services platform HES Facilities following SMS deal

Veteran private equity investor Nautic Partners has created HES Facilities as a new platform company focused on provide custodial and maintenance services to school and higher education customers across the US.

CIVC Partners picks up managed services, tech consulting specialist iVision

Chicago private equity player CIVC Partners has picked up managed services and technology consulting provider iVision.

MiddleGround Adds to Alco

Alco Manufacturing, a portfolio company of MiddleGround Capital since July 2018, has acquired Manth-Brownell. Manth-Brownell is a manufacturer of machined components used in the electrical connector, fluid power, industrial, appliance, safety, and aerospace end markets.

Patient Square Launched by Ex-KKR Pro

Patient Square Capital has been launched in Menlo Park, California by Jim Momtazee and Maria Walker. Patient Square will invest across the health care industry with a specific interest in technology-enabled services, biopharmaceuticals, pharmaceuticals, medical

Rapid fundraising acceleration continues at McCarthy Capital with $525m Fund VII close

Growth equity specialist McCarthy Capital has easily beaten the target for its seventh flagship fundraise through a $525m final close.

Initialized Capital seals $230m Fund V close, first raise since co-founder Alex Ohanian’s switch back to part-time

Initialized Capital, the investment firm launched by Reddit co-founder Alexis Ohanian and ex-Y Combinator partner Garry Tan, has hauled in $230m for its fifth seed fund.

Defence, aerospace industry veteran Kelly Romano joins AE Industrial Partners

AE Industrial Partners has hired tech and aerospace veteran Kelly Romano as an operating partner.

Password-related data breach protection specialist Keeper gets Insight Partners investment

Keeper Security, a cybersecurity platform aimed at preventing password-related data breaches and cyberthreats, has picked up a $60m minority investment from Insight Partners.

Berkshire Partners back with new flagship fundraise, eyes reported $6.5bn

Boston-based buyout house Berkshire Partners is back in the market for what could be its biggest-ever fundraise, with a reported target of $6.5bn.

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.