I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
DCS Global said June 25 that Tritium Partners has invested in the company. Financial terms weren’t announced. DCS, of Plano, Texas, provides revenue cycle management software.
3 min read · 25 June 2018
General Electric is near a deal to sell its unit that makes large industrial engines to Advent International, the Wall Street Journal reported. The unit is valued at $3 billion, the story said.
1 min read · 25 June 2018
Terra Firm has made an offer for IWG, the provider of flexible workplaces that is a rival to WeWork, the Financial Times said. IWG is already considering proposals from Starwood and TDR, the story said.
1 min read · 25 June 2018
Steele Compliance Solutions Inc, a portfolio company of Bregal Sagemount, has acquired TransparINT. Financial terms weren’t announced. TransparINT, of Little Falls, New Jersey, provides an automated monitoring system for negative news.
3 min read · 25 June 2018
Permira Holdings is in early stage talks with investors to raise as much as 10 billion euros ($12 billion) for its seventh buyout fund, Bloomberg said. Fundraising is expected to begin next year, the story said. Permira’s sixth buyout fund is over 50 percent committed, Bloomberg said.
1 min read · 25 June 2018
Cushman & Wakefield files to go public; Ex-TractManager execs launch healthcare IT investment vehicle; Oregon Investment Council exec scolds TPG
2 min read · 21 June 2018
Gravity Oilfield Services Inc, a portfolio company of Clearlake Capital Group, has acquired McKenzie Energy Partners LLC. Financial terms weren’t announced. McKenzie provides midstream based water management solutions.
2 min read · 21 June 2018
Carlyle Group said June 21 that its most recent Asia fund closed on $6.5 billion. The target for Carlyle Asia Partners V (CAP V) was $5 billion. Carlyle said the pool will focus on buyout and strategic investments across a wide range of sectors in Asia Pacific.
3 min read · 21 June 2018
Catalyst Investors said June 21 that Kapil Desai was promoted to vice president from senior associate.
2 min read · 21 June 2018
Colony Capital Inc has agreed to buy certain funds owned by Abraaj Holdings. They include Abraaj’s Latin America, Sub Saharan Africa, North Africa and Turkey Funds management business and the group’s LP interests in the underlying funds, along with staff in the eight offices. Colony has also agreed to oversee, on an interim basis, other group funds that are not being acquired. The deal is expected to close July 1.
3 min read · 21 June 2018
