Commentary

M&A drama on the rise amid flood of deals, Tracking the transition from deal-by-deal to funded

RedBird-backed FSG to buy Pittsburgh Penguins, Brookfield to grow 'size and scale' of private equity platform

The sellers are former Penguins captain Mario Lemieux and businessman Ron Burkle, who acquired the team in 1999; Brookfield’s plan is to bring its PE platform in line with its most established platforms, such as real estate.

TCV runs strip sale on group of assets out of older funds, Clearlake agrees to buy Quest Software from Francisco

The sale is of 13 “relatively mature” assets out of older funds with total net asset value of around $1 billion; the deal values Quest at $5.4 billion including debt.

TA invests in Nactarome, CenterGate exits TSC Apparel

Carlyle makes significant exits and TA backs Nactarome.

Bain, Hellman & Friedman agree to buy Athenahealth mega-deal, Blackstone closes next GP stakes fund

Bain and Hellman & Friedman agrees to buy Athenahealth while Blackstone racks up $5.6 billion for fund.

RiverGlade exits controlling stake in U.S. Oral Surgery to Oak Hill, CCMP eyes secondary on BGIS, Truck Hero in busy market

Carlyle Group is selling its majority stake in PK to Concentrix Corp.

Bain Capital leads impact funding in edtech platform HiMama, Genstar agrees to buy Brook + Whittle from Snow Phipps successor firm

Genstar agrees to buy Brook + Whittle from TruArc while Equality Asset Management closes its debut fund at more than $200 million.

Equality Asset Management invests in Miva, Brookfield eyes long hold strategy

Equality Asset Management invests in e-commerce platform Miva.

TA, True Wind team up on e-Emphasys Technologies investment, LP portfolios take focus in secondaries

TA and True Wind invest in e-Emphasys.

CenterGate sells Owen Family of Companies to Wynnchurch, Side letters, long 'out of control' catch SEC's eye

CenterGate exits the Owen Family of Companies.