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Category: Deal News

Graycliff taps $350m Fund IV for Electro-Mechanical Corporation buyout

Graycliff Partners has tapped its $350m fourth fund to pick up veteran electrical equipment maker Electro-Mechanical Corporation. The post Graycliff taps $350m Fund IV for Electro-Mechanical Corporation buyout first appeared on AltAssets Private Equity News.

Advent, PSG propel Assembly to unicorn status with new investment

Private equity pair Advent International and PSG have helped e-commerce software and data platform Assembly to a valuation of more than $1bn through a new investment round. The post Advent, PSG propel Assembly to unicorn status

Platinum seals quick exit of PCI after Singapore Covid-19 wearable contact tracing success

Platinum Equity has scored a quick exit of Singapore electronics manufacturer PCI to trade buyer Celestica for $306m, just a couple of years after picking up the business. The post Platinum seals quick exit of

Mirakl hits $3.5bn valuation thanks to Silver Lake-led Series E

Enterprise marketplace SaaS platform Mirakl has hit a $3.5bn valuation thanks to a new Series E investment round led by private equity major Silver Lake. The post Mirakl hits $3.5bn valuation thanks to Silver Lake-led

MidOcean sells Florida Food Products majority stake to Ardian

Global investment house Ardian has bought into MidOcean Partners portfolio business Florida Food Products in a deal valuing the business at more than $1bn. The post MidOcean sells Florida Food Products majority stake to Ardian

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