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Category: Software and Hi-Tech

Blackstone-backed Great Hill Partners soars to $4.65bn Fund VIII close, almost double Fund VII’s size

Great Hill Partners, the Boston-based private equity house which was bought into by Blackstone three months ago, has hit a $4.65bn final close for its latest fundraise. The post Blackstone-backed Great Hill Partners soars to

Astorg promotes Le Baron and Veber to partner

Global private equity firm Astorg has promoted two partners, Charles-Hubert Le Baron and Thibault Veber.

InTandem closes $225m opportunities fund to provide capital for future Fund II investments

Healthcare services-focused private equity firm InTandem Capital has closed InTandem Capital Opportunities Fund on its $225m hard cap. The post InTandem closes $225m opportunities fund to provide capital for future Fund II investments first appeared

Vance Street Capital closes third fund on $432.5m, two years after fund launch

LA-based private equity firm Vance Street Capital has held the final close for its third buyout fund on $432.5m, beating its target of $375m. The post Vance Street Capital closes third fund on $432.5m, two

KKR said to prep Optiv sale, IPO with hopes of $3bn-plus valuation

Global private equity house KKR is reportedly prepping a sale or public listing of cybersecurity business Optiv Security, in a deal which could see it valued at over $3bn. The post KKR said to prep

Limerston buys Wickham Micro, appoints new CEO

UK mid-market private equity firm Limerston Capital has bought the assets of contract testing company Wickham Laboratories, renaming it Wickham Micro.

EverSource closes India’s largest climate impact fund on $741m to focus on decarbonization of energy and resource efficiency

EverSource Capital has close India's largest climate impact fund on $741m, making it one of the largest single-country, climate change-focused funds. The post EverSource closes India’s largest climate impact fund on $741m to focus on

Buyout majors circle Novartis with eyes on $25bn Sandoz unit, as club deals look to make comeback

Buyout giants Blackstone and Carlyle are reportedly in talks about joining forces for a buyout of Swiss drugmaker Novartis' generics unit in a deal which could be valued at about $25bn. The post Buyout majors

Investcorp explores Georg Jensen sale; FIH Partners mandated

Investcorp has appointed FIH Partners to explore a sale of Georg Jensen, a Danish luxury goods brand, two sources familiar with the situation said.

Synova sells majority stake in Mintec to Five Arrows

Synova-backed Mintec, a Buckinghamshire-based provider of commodity price data to the consumer, food and capital goods sectors, has been acquired by Five Arrows Principal Management, the France-based private equity arm of Rothschild Merchant Bank.

Tenzing taps Raymond James for CItNow exit

Tenzing is exploring an exit for CItNow, a UK-based software company serving the car dealership sector, three sources familiar with the situation have said.

Italian PE player Aksìa beats hard cap to raise more than €275m for Fund V

Italian buyout house Aksìa Group has soared past its Fund V hard cap to collect more than €275m of new capital. The post Italian PE player Aksìa beats hard cap to raise more than €275m

Nordic-focused Polaris Private Equity powers to €650m Fund V hard cap

Nordic investor Polaris Private Equity has reached a €650m hard cap close for its fifth flagship fundraise, well above its target. The post Nordic-focused Polaris Private Equity powers to €650m Fund V hard cap first

Hefty Summa impact fund, Blackstone Asian RE vehicle among almost $1bn of new Florida SBA commitments

The $251bn-managing Florida State Board of Administration has made almost $1bn of new commitments across private equity, real estate and distressed debt funds. The post Hefty Summa impact fund, Blackstone Asian RE vehicle among almost