michaelschoeck

TSCP said to gauge buyout interest in Freddy’s Steakburgers; CohnReznick sale process results in Apax investment

Apax Partners backs tax advisory and accounting firm CohnReznick.

Thompson Street seeks to sell Freddy’s Steakburgers, sources say

Freddy’s is expected to be marketed on a double-digit multiple for the $50 million to $60 million EBITDA franchise business.

LongRange scoops up US Synthetic from pending ChampionX merger; Advent’s Tricia Glynn among featured speakers at NEXUS 2025

LongRange Capital agrees to acquire diamond cutting firm US Synthetic.

Audax and Greenbriar line up sale for logistics provider; pharma services attract more PE interest, says Raymond James

Greenbriar and Audax are expected to put Alliance Ground International on the block soon.

On the block: Air cargo, less-than-truckload and last-mile logistics providers

Audax, Greenbriar, Equity Group Investments and Balmoral Funds are among the firms that may sell a third-party logistics or transport service provider in the coming months.

May River Capital shelves sale process for Industrial Flow Solutions, sources say

The lower mid-market private equity sponsor tested the market on two occasions over the last year for the submersible pumps manufacturer.

Graham Partners runs CV for Gatekeeper; PACT Capital talks mid-market GP stakes; Bain to acquire Milacron for $287m

Taking a look at a Graham Partners-backed technology company that is pursuing a continuation vehicle funding after running a sale process; a new mid-market GP stakes investor formed by a former Goldman Sachs managing director; Bain Capital is acquiring a global injection molding and plastic extrusions company.

Kohlberg & Co to collect recap bids for PCI Pharma later in February, sources say

Jefferies launched the recap process in early January for PCI Pharma, which generates $500m of EBITDA.

ECP’s Tyler Reeder discusses comeback of natural gas power; Bain Capital buys into roadway maintenance

Bain picks up Frontline Road Safety from Sterling.

ECP’s $26.6bn sale of Calpine to Constellation underscores comeback of natural gas

More gas-fired power deals are expected, with potential PE sellers including Avenue Capital, ArcLight Capital and LS Power.