Private Equity
Vista launches next mid-market fund; Has fear crept into the PE market?; Wilbur Ross’s super power
2 min read · 07 October 2019
Welsh, Carson, Anderson & Stowe said Oct. 7 that Lee Cooper has joined the firm as an operating partner. Cooper was previously president and CEO of GE Healthcare Systems, U.S. and Canada.
2 min read · 07 October 2019
Vestar Capital Partners said Oct. 7 that it agreed to buy a minority of Simple Mills. Financial terms weren’t announced. Simple Mills, of Chicago, offers more than 30 baking mixes, crackers, cookies, bars and frostings that are free of gluten, grain, dairy, soy, GMOs, excessive sugar, gums, emulsifiers, and anything artificial.
3 min read · 07 October 2019
Treehouse Real Estate Investment Trust Inc said Oct. 4 David Smith has joined as executive vice president and CFO. Smith, a former managing director of Fortress Investment’s private equity group, was most recently executive vice president and CFO of New Senior Investment Group Inc.
3 min read · 07 October 2019
Zelis Healthcare said Oct. 4 that it closed its merger with RedCard Systems. In July, Parthenon Capital agreed to merge portfolio companies, Zelis Healthcare and RedCard, while bringing in Bain Capital as an investor, Buyouts reported.
3 min read · 07 October 2019
CityLift Parking said Oct. 4 that it completed a Series C capital round with Dundon Capital Partners. Financial terms weren’t announced. CityLift, of Oakland, California, designs, installs, and services automated parking lifts that aim to save space, reduce the cost of building parking, and reduce construction time.
3 min read · 07 October 2019
Partners Group said Oct. 7 that it agreed to sell Vermaat Groep BV to Bridgepoint. Financial terms weren’t announced. Vermaat is a hospitality company with roughly 350 food and beverage outlets across the Netherlands, including restaurants, bistros, cafés and canteens, and a growing presence in Germany.
3 min read · 07 October 2019
VSS and Trivest Partners said Oct. 7 that they invested in Quatrro Business Support Services. Financial terms weren’t announced. Quattro, of Marietta, Georgia, provides BPO services, including accounting, finance, billing, human resources, payroll, tax, IT help desk, technical support, and other back-office services to a wide range of industries. CM Sharma, founder of CHM Ventures, has taken over as CEO of Quattro. He is also investing in the deal.
4 min read · 07 October 2019
Zedra, a portfolio company of Corsair Capital, said Oct. 7 that it agreed to buy Talenture. Financial terms weren’t announced. Talenture, of Lugano, Switzerland, provides accounting, corporate secretarial, tax compliance, payroll and HR services for Swiss and international companies.
4 min read · 07 October 2019
Partners Group said Oct. 7 that it agreed to sell Vermaat Groep BV to Bridgepoint. Financial terms weren’t announced. Vermaat is a hospitality company with roughly 350 food and beverage outlets across the Netherlands, including restaurants, bistros, cafés and canteens, and a growing presence in Germany.
3 min read · 07 October 2019