SP

Sarah Pringle

SPAC timeline proves a double-edged sword, Blackstone's Joe Baratta dubs the long-term fund an 'asset class', Summit-backed CareCentrix ends deal talks

Summit Partners-backed CareCentrix scraps potential sale plans.

2 min read · 05 November 2020

SPAC timeline proves a double-edged sword, Blackstone's Joe Baratta dubs the long-term fund an 'asset class', Summit-backed CareCentrix ends deal talks

Blackstone's Joe Baratta digs into the long-term fund strategy, while Deloitte speaks to the financial reporting and regulatory challenges faced by C-level execs during a SPAC process.

2 min read · 05 November 2020

Deals

The speed of SPACs is a double-edged sword

While speed is viewed as the top benefit of a SPAC (versus a traditional IPO) among C-level execs, many also view the accelerated timeframe to complete a transaction as the biggest challenge.

4 min read · 05 November 2020

Deals

CareCentrix, backed by Summit, shelves sale process

The home- and post-acute care benefits manager was in deal talks with health insurance giant Anthem in late September.

2 min read · 04 November 2020

Carlyle, Vista strike deal for Providence Strategic Growth's Tribute Technology, PJ SOLOMON's Marc Cooper bullish on M&A regardless of election outcome, Coupa Software buys TPG's Llamasoft for $1.5bn

Carlyle and Vista team up to buy Tribune Technology, while PJ SOLOMON's Marc Cooper remains optimistic on future M&A amid election.

2 min read · 04 November 2020

Bregal Sagemount readies sale of Steele Compliance, Advent set to join Great Hill as investor in RxBenefits, Clearlake strikes year's largest tech take-private, private equity embraces the renewables movement

Bregal Sagemount prepares to put Steele Compliance on the block and Clearlake cinches a $3 billion deal to acquire Endurance International Group.

2 min read · 03 November 2020

Deals

Advent to join Great Hill as investor in RxBenefits

The pair of Boston PE firms team up to invest behind the fast-growing Birmingham, Alabama, company, which helps self-insured employers manage healthcare costs.

2 min read · 02 November 2020

Advent buys Nielsen's Global Connect business for $2.7 billion, Morgan Stanley's David Miller talks higher multiples, 2020 election perspective for private equity

Advent is buying Nielsen's Global Connect business for $2.7 billion and HGGC sells Selligent Marketing Cloud.

2 min read · 02 November 2020

Revelstoke’s Upstream Rehabilitation Announces New CEO

Newly appointed CEO Ron Kuerbitz was the founding CEO of agilon health and former CEO of Fresenius Medical Care North America.

3 min read · 02 November 2020

HGGC completes sale of Selligent to CM Group

HGGC originally invested in the intelligent omnichannel marketing cloud platform in July 2015.

3 min read · 02 November 2020

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