Commentary

2021 processes to watch: Hg, TA-backed Mitratech, New Mountain's Zep; ERT-Bioclinica merger brings TEV to $5.9 billion

News report claims that New Mountain Capital is weighing a sale or IPO of cleaning products company Zep in 2021.

2021 processes to watch: Hg, TA-backed Mitratech, New Mountain's Zep; ERT-Bioclinica merger brings TEV to $5.9 billion

PE-backed companies Miratech and Zep gear up to weigh their options in 2021, while the recently announced marriage of Cinven's Bioclinica and ERT, backed by Astorg, Nordic and Novos, brings valulation to $5.9 billion.

The SolarWinds hack and private equity, First-timer Diversis exits ArrowStream, Leonard Green runs secondary on older fund

Silver Lake and Thoma Bravo get inadvertently caught up in SolarWinds hack and Diversis sells ArrowStream to Tailwind Capital.

Sponsors investing behind temperature-controlled storage for covid-19 vaccines, Knox Lane, launched by TPG Growth alumni, strikes inaugural investment, why Carlyle is bullish on the men's grooming industry

Blackstone Tactical Opportunities agrees to inject $275 million into Cryoport and Knox Lane invests in Fingerpaint.

Gryphon Investors snaps up physical therapy platform PRN from Silver Oak, Vegan restaurant chain By Chloe, backed by Bain Capital, readies for bankruptcy

Gryphon Investors agrees to acquire Physical Rehabilitation Network and Bain Capital-backed vegan restaurant chain By Chloe files for bankruptcy.

Vista Equity strikes $3.5 billion take-private for edtech firm Pluralsight, Brookdale Senior Living seeks buyer for home health and hospice segment

Vista Equity is acquiring Pluralsight in a take-private deal for $3.5 billion and Brookdale Senior Living seeks a buyer for its home health and hospice unit.

Advent's healthcare portfolio steers busy 2020, Cinven's Bioclinica unites with Nordic, Astorg-backed ERT, TPG-sponsored SPAC merges with electric-vehicle technology EVBox

Advent's healthcare portfolio fueled investment activity in 2020, while Cinven-backed Bioclinica reveals merger with Nordic- and Astorg-backed ERT.

Thoma Bravo prepares to put Riskonnect on the block, Linden sees 8x return on HydraFacial investment

Thoma Bravo has been everywhere recently, it seems. Now we have word, via M&A scoopster Milana Vinn, that the firm is getting ready to shop Riskonnect after a three-year hold.

Linden, DW Healthcare-backed HydraFacial merges with Brent Saunders-sponsored SPAC, SoftBank mulls 'slow-burn' take-private, TA Associates makes 3x its money on Flexera

A healthcare-beauty business agrees to merge with blank-check company Vesper Healthcare Acquisition Corp, while TA's recent sale of Flexera is poised to reap a handsome return for the PE seller.

Digitizing due diligence: PE’s wake-up call is here

There's no better time to do it, with deal competition intensifying in the final weeks of this forgettable year.