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3i seals quick return on 2019 Magnitude Software investment through £344m trade sale

3i has scored a 2.6x return by selling Magnitude Software to trade buyer Insightsoftware for £344m, double what the business was valued at the end of June. The post 3i seals quick return on 2019

Levine Leichtman sells home healthcare franchise provider Caring Brands to Wellspring Capital

Levine Leichtman Capital Partners has continued a strong run of exits with the sale of home healthcare services franchise business Caring Brands International to Wellspring Capital Management. The post Levine Leichtman sells home healthcare franchise

Platinum seals $480m Orbit Irrigation sale after doubling adjusted EBITDA in less than three years

Platinum Equity has agreed a $480m sale of Orbit Irrigation to Husqvarna Group after less than three years in its portfolio. The post Platinum seals $480m Orbit Irrigation sale after doubling adjusted EBITDA in less

Vistria sells hospice, palliative care specialist Agape to Ridgemont Equity Partners

Chicago-based Vistria Group has sold hospice and palliative care provider Agape Care Group to Ridgemont Equity Partners. Agape offers full end-of-life care in patient homes and healthcare facilities throughout South Carolina, and recently expanded into Georgia

PE-backed Informatica eyes $9bn valuation in stock market return

Private equity-backed enterprise software business Informatica is eyeing a return to the stock market which could see it valued at up to $9bn. The post PE-backed Informatica eyes $9bn valuation in stock market return first

Riverside sells 2014 investment Lexipol to fellow private equity house GTCR

The Riverside Company has agreed to sell policy management, training and wellness software provider Lexipol to fellow private equity house GTCR. The post Riverside sells 2014 investment Lexipol to fellow private equity house GTCR first appeared

HIG exits ‘one of best-performing portfolio companies’ to American Securities

US private equity house American Securities has picked up technology consultation and services provider Trace 3 from fellow buyout investor HIG Capital. The post HIG exits ‘one of best-performing portfolio companies’ to American Securities first appeared

Summa seals SEK2bn exit of water pump aftermarket specialist Lakers Group

Summa Equity has agreed an SEK2bn ($227m) sale of water and wastewater pump aftermarket services business Lakers Group to Vestum. The post Summa seals SEK2bn exit of water pump aftermarket specialist Lakers Group first appeared

Booming transport management software business Manadata sold by LDC to Tenzing

Mid-market UK private equity firm LDC  has exited its investment in transport management software provider Mandata to Tenzing. The post Booming transport management software business Manadata sold by LDC to Tenzing first appeared on AltAssets

Axcel seals rapid exit of gaming headset maker SteelSeries through $1.24bn trade sale

European buyout house Axcel has scored a fast exit of gaming headset and peripherals maker SteelSeries through a DKK8bn ($1.24bn) trade sale to GN Store Nord. The post Axcel seals rapid exit of gaming headset

CPPIB buys 100-year-old US port operating giant Ports America from Oaktree Capital

Canada Pension Plan Investment Board has agreed to buy 100-year-old Ports America, North America's largest marine terminal operator, from Oaktree Capital Management. The post CPPIB buys 100-year-old US port operating giant Ports America from Oaktree

CD&R set for huge return on Motor Fuel Group through IPO, value could exceed £5bn

US buyout giant Clayton Dubilier & Rice is reportedly planning an IPO of UK petrol station operator Motor Fuel Group which could value the company at more than £5bn. The post CD&R set for huge

Advent’s Olaplex ups IPO valuation hopes to $12.3bn

Advent International is eyeing an increased valuation of up to $12.3bn for its hair products business Olaplex through a US IPO. The post Advent’s Olaplex ups IPO valuation hopes to $12.3bn first appeared on AltAssets

Lindsay Goldberg buys HCI Equity portfolio business Summit Interconnect

Lindsay Goldberg hgas bought into private equity-backed printed circuit boards supplier Summit Interconnect. The post Lindsay Goldberg buys HCI Equity portfolio business Summit Interconnect first appeared on AltAssets Private Equity News.

Apollo sells Italian insurer Amissima Vita to €79bn-managing life insurer Athora

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

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

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

Verdane seals second UK GP-to-GP portfolio buy by picking up trio of Langholm Capital assets

Northern European private equity specialist Verdane has bought a trio of consumer brands from UK buyout house Langholm Capital. The post Verdane seals second UK GP-to-GP portfolio buy by picking up trio of Langholm Capital

Biggest cyber IPO of the year could arrive next week as Permira-backed Exclusive Networks eyes €2.1bn valuation

The biggest cyber IPO of 2021 could be here next week, with Permira-backed Exclusive Networks revealing it is eyeing a valuation of up to €2.1bn. The post Biggest cyber IPO of the year could arrive

Carlyle considers $6bn exit of Novolex in either sale or IPO

Global buyout major Carlyle is considering divesting portfolio company Novolex for $6bn either in a sale or IPO, Bloomberg has reported. The post Carlyle considers $6bn exit of Novolex in either sale or IPO first

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