Housatonic Partners, a growth-oriented private equity firm focused on investing in recurring services companies, has sealed a deal for cloud and digital transformation services business Veridic Solutions. The post Housatonic Partners picks up cloud, digital
Nordic Capital has seen portfolio business Cary Group hit an SEK9.2bn ($1.06bn) market value through a strong IPO on the Nasdaq Stockholm exchange. The post Nordic Capital celebrates hugely oversubscribed Cary Group IPO, company hits
LA-based private equity house Levine Leichtman Capital Partners has made the debut investment from its $1.38bn third lower mid-market fund by picking up In-Place Machining Company. The post Levine Leichtman strikes debut deal for new
Apollo Global has agreed the sale of Italian insurer Amissima Vita to €79bn-managing life insurance group Athora Holding. The post Apollo sells Italian insurer Amissima Vita to €79bn-managing life insurer Athora first appeared on AltAssets
Section Partners, a specialist investor providing financing for stock and option holders of late-stage venture capital-backed companies, has raised $245m across a pair of new funds. The post VC liquidity specialist Section Partners seals huge
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.
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
A spectacular fundraising year for Commonfund Capital continues after the firm struck a $675m final close for its new secondaries fund. The post Commonfund’s 2021 fundraising streak continues with new $675m secondaries vehicle first appeared
Former US treasury secretary Steven Mnuchin has picked up backing from Japanese conglomerate SoftBank for his $2.5bn Liberty Strategic Capital fundraise. The post Steven Mnuchin’s $2.5bn private equity fund gets SoftBank backing – report first
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
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
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
Audax Private Equity has bought a majority stake in healthcare-focused mounts, clamps and stands specialist GCX. The post Audax takes stake in medical mount, clamps and stands specialist GCX first appeared on AltAssets Private Equity
Atlantic Street Capital is reportedly out eyeing up to $850m for its fifth flagship fundraise. The post Atlantic Street said to eye $850m for fifth flagship fundraise first appeared on AltAssets Private Equity News.
Software-focused private equity major Vista Equity Partners has named a trio of industry veterans as senior operating leaders. The post Vista brings in senior trio as operating leaders across flagship and foundation funds, ESG first
US private equity house American Securities has agreed to buy the renewable energy division of Swinerton Builders. The post US solar power major Swinerton Renewable Energy carved out by American Securities first appeared on AltAssets
Global private equity major Warburg Pincus has tech industry veteran Brian Duffy as a senior advisor. The post Tech industry veteran Duffy joins Warburg Pincus as senior advisor first appeared on AltAssets Private Equity News.
Partners Group has surged to $15bn of LP commitments for its fourth buyout programme following an "intense" period of investment activity for the firm. The post Partners Group picks up $15bn of commitments for fourth
Levine Leichtman has struck its increased hard cap to reach a $1.38bn final close for its latest lower mid-market fundraise. The post Levine Leichtman hits increased $1.38bn hard cap to close third lower mid-market fund
Florida private equity house Boyne Capital has agreed to buy A&A Global Imports, a supplier of packaging materials and ancillary products to the high-growth medical and recreational cannabis industry. The post Boyne Capital buys into
