SP

Sarah Pringle

Francisco Partners acquires CDK Global's International business arm for $1.45bn

Petri Oksanen, partner at Francisco Partners, will join the CDKI board of directors upon closing of the transaction.

3 min read · 30 November 2020

Carlyle's MedRisk explores sale, New Mountain shops large GP-led deal, and the largest M&A deal of the year 

MedRisk, the Carlyle-backed provider of physical rehab services for the workers’ compensation industry, is up for sale, while S&P Global buys IHS Markit at a $44 billion enterprise value.

2 min read · 30 November 2020

Deals

Carlyle-backed MedRisk heads back to market

Centerview and Truist have been engaged for sell-side financial advice on the process for MedRisk, which helps manage the claims process for injured workers receiving physical and occupational rehab.

3 min read · 25 November 2020

Janet Yellen emerges as Biden's Treasury Secretary nominee, L Catterton sells Cholula for $800mn, Cressey-backed StatLab evaluates sale

President-elect Biden taps ex-Federal Reserve Chair Yellen for Treasury Secretary post and L Catterton is selling Cholula to McCormick & Co.

2 min read · 24 November 2020

Deals

Statlab, Cressey-backed diagnostic supplies company, weighs sale

Indications of interest for the McKinney, Texas, company were submitted last week, sources told PE Hub.

2 min read · 23 November 2020

People

Sun Capital hires Elizabeth de Saint-Aignan to lead technology vertical

The investor's previous experience includes TA Associates, Nautic Partners and Jump Capital, the latter at which she was a founding partner of the growth equity group.

2 min read · 23 November 2020

Morgan Stanley Capital Partners' Aaron Sack discerns between pandemic performers, Blackstone's Schwarzman says it's time for Trump to move on, Ares-backed Guitar Hero files for bankruptcy

Blackstone’s Schwarzman, a Trump supporter, says Biden won and it's time to move on.

2 min read · 23 November 2020

Deals

MSCP's Aaron Sack parses pandemic survivors, talks pet industry prosperity

After closing its majority sale of Pathway Vet Alliance in the height of market chaos this spring, PE interest in MSCP-backed Manna Pro spiked as its transition to food and nutrition for backyard chickens was validated.

3 min read · 20 November 2020

Apax to make 4x-plus on ECI, Warburg joins Great Hill as investor in Quantum Health, GTCR takes two healthcare companies public, Warburg's Hygiena hits the market

Warburg Pincus is the winning bidder for Great Hill Partner’s Quantum Health and a Warburg and GTCR portfolio company Sotera Health goes public.

2 min read · 20 November 2020

Deals

Warburg joins Great Hill as investor in Quantum Health

The new capital injection will support additional growth in the consumer healthcare navigation company, which sources told PE Hub is already growing at a rate of around 35%.

2 min read · 20 November 2020

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