Growth equity specialist PSG has made a €60m investment in German gym and fitness suite software supplier Sport Alliance. Sport Alliance’s flagship product is a cloud-based management software solution for fitness studios, ‘Magicline’, and its adjacent member
API platform Postman has soared to a $5.6bn valuation thanks to a hefty Series D investment round led by private equity house Insight Partners. The post Postman soars to $5.6bn valuation thanks to Insight Partners-led
Avista Capital Partners has revealed its succession strategy as co-founder Tom Dean prepares to step away from his co-CEO position. The post Succession strategy revealed at Avista Capital as co-founder Dean prepares co-CEO exit first
CPS Capital has hit a C$100m final close for its debut committed capital fund after eight years of lower-middle market private equity investing. The post CPS Capital clears target for debut committed capital fund, hits
Buyout giant Blackstone has named veteran video game industry executive Hubert Larenaudie as its latest senior advisor. The post Blackstone hires video gaming veteran Larenaudie to advise on deals, industry trends first appeared on AltAssets
Felicis Ventures has pulled in $900m of new fundraising capital, just a year after raising more than $500m for its latest flagship investment vehicle. The post Felicis Ventures powers to $900m fundraising close, just a
Charter Oak Equity has sealed a quick return on its investment in commodity and engineering resins provider Chemres through a sale to Investindustrial portfolio business Benvic. The post Charter Oak seals quick Chemres exit with
Private equity major Permira is reportedly prepping a sale of business services company Tricor which could see it reach a $2bn valuation. The post Permira said to prep Tricor sale at up to $2bn valuation
Newly-launched private equity house Nexa Equity has continued its early dealmaking by making a majority growth investment in towing and parking enforcement SaaS software supplier AutoReturn. The post New buyout house Nexa Equity seals sophomore
JF Lehman & Co has sold BEI Precision Systems & Space Company after four years in its portfolio. The post JF Lehman sells space, defence sensor specialist BEI to Arcline portfolio company Quantic first appeared
Financial services focused private equity firm Lightyear Capital appointed Marc West as senior advisor to Fund V to support its fintech investments. The post Lightyear Capital hires ex-Fiserv CIO Marc West as senior advisor to
Global buyout major KKR and KSL Capital Partners have agreed to exit resort-management service provider Apple Leisure Group to US hotel operator Hyatt Hotels Corporation for $2.7bn in cash. The post Hyatt Hotels buys KKR,
Global buyout house Permira has led a $170m series G round funding for sales enablement company Seismic to give it a $3bn valuation. The post Permira leads series G round for $3bn Seismic, JMI Equity
Fintech investor Nyca Partners is back in the fundraising market with the successor to its $210m third fund closed two years ago. The post Fintech investor Nyca Partners back fundraising with follow-up to $210m Fund
Carlyle's long-held telecoms services business Syniverse is set to go public through a merger with a blank cheque company at a $2.85bn valuation. The post Long-held Carlyle portfolio business Syniverse to hit $2.85bn valuation through
Insight Partners has helped music distributor DistroKid to a $1.3bn valuation through a "substantial investment". The post Music distribution major DistroKid gets $1.3bn valuation through Insight Partners investment first appeared on AltAssets Private Equity News.
Weatherford Capital has hit a $355m final close for its oversubscribed debut private equity fundraise. The post Trio of brothers celebrate $355m debut Weatherford Capital private equity fund close first appeared on AltAssets Private Equity
The Jordan Company has agreed to buy into speciality resins manufacturer Arclin to capture positive trends in the market. The post The Jordan Company to buy into speciality resins manufacturer Arclin eyeing IP protected products
US Hispanic market focused Palladium Equity has made two new appointments to boost its ESG effort. The post Palladium boosts ESG effort with two appointments, ex-World Bank principal to join as MD first appeared on
Permira continues busy week with CommentSold investment, ZMC exits
Private equity house Permira's busy week has continued with a strategic investment in digital commerce specialist CommentSold. The post Permira continues busy week with CommentSold investment, ZMC exits first appeared on AltAssets Private Equity News.