B2B industrial and specialty distribution-focused investor MiddleGround Capital has raised more than $1bn to close its two newest funds. The post MiddleGround Capital breaks $1bn to close second flagship fund, debut mobility vehicle first appeared
European private equity major EQT has agreed to sell optical and illumination design software business Zemax to trade buyer Ansys after three years in its portfolio. The post EQT seals another August exit with Zemax
Private equity major GTCR has bought insurtech business Global Claims Services. The post GTCR buys into insurtech major Global Claims Services first appeared on AltAssets Private Equity News.
KKR and Salesforce Ventures have teamed up to back the biggest-ever Series B investment round in a Danish business, valuing no-code software test automation platform Leapwork at about $312m. The post KKR, Salesforce Ventures seal
Buyout giant Blackstone has invested in dental services organisation DECA Dental Group through its Tactical Opportunities fund, which specialises in investments which are time sensitive, complex or mispriced due to dislocated markets. The post Blackstone taps
Food chain-focused private equity house Paine Schwartz Partners has bought supply chain compliance software and services business Registrar Corp from Bertram Capital. The post Bertram Capital seals Registrar Corp exit to Paine Schwartz Partners first
KKR has made its first infrastructure investment in New Zealand by backing 86-year-old bus operator Ritchies Transport. The post KKR seals debut NZ infra deal with Ritchies Transport investment first appeared on AltAssets Private Equity
Global private equity giant Apollo is reportedly raising $500m for a new fund dedicated to backing special purpose acquisition companies (SPACs). The post Apollo said to be raising $500m fund targeting investments in SPACs first
The $23.7bn-managing Los Angeles City Employees Retirement System has picked five private equity funds for its latest swathe of alternative commitments. The post Massive TA, Hellman & Friedman funds among latest commitments from $23.7bn-managing LACERS
Apollo Global has made a $150m equity commitment to FlexGen Power Systems, an integration services and software tech provider for energy storage solutions. The post Apollo continues energy efficiency, renewables push with $150m FlexGen Power
Commonfund Capital has hit a $160m final close for its third dedicated private equity co-investment fund, beating its initial target. The post Commonfund clears target for third co-investment fund, hits $160m final close first appeared
Software and services-focused private equity house Hg has made a majority investment in financial automation and B2B payments software business Serrala. The post Hg buys into financial automation, B2B payments software specialist Serrala first appeared
Toshiba is reportedly in talks with four private equity giants as it attempts to move on from a rocky few years. The post Toshiba reportedly in talks with four PE majors as it looks to
Debt-focused asset manager White Oak Global Advisors has brought in veteran investor Jon Patty as a managing director and partner. The post White Oak brings in veteran investor Patty as ESG, impact investing lead first
Advent International has bought into a trio of cosmetic brands including Laura Mercier from Shiseido Americas. The post Advent picks up Laura Mercier, bareMinerals cosmetics brands as second beauty investment in two years first appeared
Private equity in Germany has come a long way since being described as “swarms of locusts that fall on companies” by Franz Müntefering, chair of the country's then-ruling Social Democratic Party in 2005. The post
Men's underwear brand SAXX has picked up a strategic investment from private equity house TZP Group through its third fund. The post Men’s underwear brand SAXX gets TZP Group backing, Brentwood Associates exits first appeared
Accel-KKR has doubled down on aviation software provider ATP with a new growth investment. The post Accel-KKR doubles down on flight software business ATP with new investment first appeared on AltAssets Private Equity News.
Central Europe-focused Genesis Capital has pulled in more than €100m towards a new flagship private equity fund – and is eyeing 50% more than that for a hard cap close. The firm said Genesis Private
Bain Capital has sold its stake in Korean cosmetic pharmaceutical company Hugel to a consortium led by CBC Group to give the business a $2.5bn valuation. The post Bain Capital seals $2.5bn Hugel sale to
