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Ares, Littlejohn, Palladium, TPG among firms evaluating sale of environmental service providers, sources say; Kohlberg exits cake decorations company to Sentinel

A look at the largest trash hauler in New York City, one of four private-equity backed environmental service companies that are said to soon hit the market; a weekly update on companies for sale.

On the Block: Four environmental service providers coming to market shortly, sources say

Ares, Littlejohn, Palladium and TPG are among the PE firms evaluating sales of environmental service providers in H2.

Exclusive: Blackstone to acquire utility metering equipment company Dresser Utility Solutions

The transaction is the first deal made by BETP’s most-recent vintage fund, Blackstone Energy Transition Partners V.

Garnett Station collects bids for Goodturn Tire, sources say; Keystone exits HVAC company to Harvest

An exclusive on a Garnett Station-backed automotive service provider that took first-round bids in a sale process; looking at two deals announced this week: Integra Testing, a commercial HVAC service provider sold by Keystone Capital to Harvest Partners, and Irca, a food ingredients company sold by Advent International to CVC.

Exclusive: Garnett Station collects first-round bids for auto services provider Goodturn, sources say

Goodturn is an appealing target to a services-oriented mid-market PE firm buyer, with potential buyers willing to offer 13x-15x EBITDA for the company, confidential sources told PE Hub.

AI dominated dealmaking in H1; Wynnchurch exits aerospace components biz PFG to HIG

Highlighting two of PE Hub’s most-read stories that illustrate a ubiquitous theme near and dear to investors’ hearts for a while: AI; exploring a deal involving Wynnchurch Capital and HIG Capital that is emblematic of the trend of PE firms’ interest in aerospace and defense suppliers.

Radiology deals attract Archimed, Grovecourt, Kain Capital; Latticework and Edgehill back acquisition of CDMO brands

Highlight private equity-backed radiology deals in a listicle; exploring newly announced CDMO add-on deals involving Latticework Capital and Edgehill-backed Life Science Connect.

Companies for sale update: Platinum buys Tangent from Sterling; Reverence backs CPA firm Eide Bailly

Updates on two deals we've been tracking: Reverence Capital is backing Midwest CPA firm Eide Bailly, and the Sterling Group selling sustainable building products company Tangent to Platinum Equity.

Companies for sale updates: KKR invests in Crowe, LongRange acquires Pizza Hut

PE firms are sitting record highs of dry powder capital and the rate of companies testing the market remains sky high, despite a slowness in deals coming to fruition.

Exclusive: Apax readies residential warranty and repair firm Oncourse for sale, sources say

The residential warranty provider was carved out by Apax in 2021 from the Homeowner Services Group of water utility American Water Works.