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Category: Digital Transformation

MiddleGround Capital backs digital manufacturing company Megatech

MiddleGround Capital, a private equity firm focused on B2B industrial and specialty distribution companies in North America, has acquired digital manufacturing company Megatech. The post MiddleGround Capital backs digital manufacturing company Megatech first appeared on

Convergence Partners picks up almost $300m for African ICT deals

African ICT–focused private equity player Convergence Partners has closed its Digital Infrastructure Fund on $296m. The post Convergence Partners picks up almost $300m for African ICT deals first appeared on AltAssets Private Equity News.

SoftwareONE on PE watchlist amid take-private optimism

SoftwareONE is being eyed by private equity firms as a possible buyout opportunity, according to sources familiar with the matter, amid cautious optimism over a return of European take-private deals.

Thoma Bravo acquires Magnet Forensics in $1.3bn deal

Private equity giant Thoma Bravo has acquired Magnet Forensics, a digital investigation solutions developer, in a CAD 1.8bn ($1.3bn) deal. The post Thoma Bravo acquires Magnet Forensics in $1.3bn deal first appeared on AltAssets Private

Progressio exits Assist Digital in sale to Ardian

French sponsor Ardian has agreed to acquire a majority stake in Assist Digital, an Italy-based B2B customer experience and CRM technology provider; the deal sees Progressio exit its minority stake in the business.

Ardian buys into booming customer experience services specialst Assist Digital, Progressio exits

European investment major Ardian has agreed to buy a roughly 60% in end-to-end customer experience services specialist Assist Digital. The post Ardian buys into booming customer experience services specialst Assist Digital, Progressio exits first appeared

Montagu exits Maincare to state-owned Docaposte in off-market deal

London-based sponsor Montagu has sold healthcare software supplier Maincare to Docaposte, the digital arm of France's postal service, in an off-market deal.

Ares bags $5bn for new infra debt fund amid massive fundraising push to start 2023

Investment management giant Ares has raised about $5bn for the final close of its fifth infrastructure debt fund, targeting the digital, utilities, renewables, energy and transportation sectors. The post Ares bags $5bn for new infra

FSN Capital buys into German no-code digital transformation specialist Lobster

European private equity house FSN Capital Partners has agreed to buy a majority stake in Lobster, a no-code data integration and digital process automation platform provider. The post FSN Capital buys into German no-code digital transformation specialist

Facebook’s former global ad chief Everson joins Permira as senior advisor

Early Facebook exec and digital media veteran Carolyn Everson has joined global buyout house Permira as a senior advisor. The post Facebook’s former global ad chief Everson joins Permira as senior advisor first appeared on

Carlyle hires advisers to explore DEPT sale in 2023

The Carlyle Group is exploring a sale of global digital agency DEPT for next year, three sources familiar with the situation said.

Eurazeo strikes €210m first close for infrastructure transition fund, picks up EIF backing

European investment major Eurazeo has hit a €210m first close for its debut infrastructure fund focused on the digital, transport and energy transition sectors. The post Eurazeo strikes €210m first close for infrastructure transition fund,

21 Invest’s French arm kicks of latest fund deployment with Agorastore buy

Alternatives specialist 21 Invest's French arm has bought Agorastore, a digital platform for circular economy auctions, to kickstart the deployment of its sixth generation of funds. The post 21 Invest’s French arm kicks of latest

Blackstone agrees $359m investment in Indian IT business R Systems

Buyout giant Blackstone has agreed to invest up to $359m for a majority stake in Indian digital IT services provider R Systems. The post Blackstone agrees $359m investment in Indian IT business R Systems first

KKR leads investment in Indonesian digital identity specialist Privy

KKR is the lead investor in a new funding round for Indonesian digital identity and signature business Privy. The post KKR leads investment in Indonesian digital identity specialist Privy first appeared on AltAssets Private Equity

Partners Group eyes rising data centre demand with $1.2bn EdgeCore Digital deal

Global private markets major Partners Group has agreed to invest up to $1.2bn in EdgeCore Digital Infrastructure, an owner, operator and builder of hyperscale data centers in the US. The post Partners Group eyes rising

KKR Leads Series C Round in Indonesian Digital Trust Provider Privy

JAKARTA, Indonesia--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Privy (the “Company”), a leading digital trust provider in Indonesia, today announced the signing of definitive agreements under which KKR will participate as the lead

DBAG exits Cloudflight in sale to Partners; reaps over 4x money

Partners Group has agreed to acquire a controlling stake in Germany-based Cloudflight, a digital-transformation services provider, from Deutsche Beteiligungs (DBAG), valuing the company at just under EUR 400m.

Bowmark Capital backs digital transformation IT services business Xperience

UK private equity firm Bowmark Capital has agreed to back digital transformation IT services business Xperience. The post Bowmark Capital backs digital transformation IT services business Xperience first appeared on AltAssets Private Equity News.

CVC said to offer £1.5bn for IWG digital arm Instant Group

Private equity major CVC Capital Partners has reportely made a £1.5bn offer for office rental specialist IWG's digital division Instant Group. The post CVC said to offer £1.5bn for IWG digital arm Instant Group first

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