Private Equity

Commentary

Thoma Bravo kicks in $2m to support San Francisco public school students, GPs get creative with incentives for deal sourcing, Apax Digital hires executive from Catalyst Investors

Thoma Bravo supports San Francisco children and their families during the COVID-19 crisis and Catalyst Capital anticipates an economic slowdown lasting for a long time.

3 min read · 31 March 2020

Ares preps for post-coronavirus sale of Unified Women's Healthcare, LP defaults and the downturn, Excellere Fund III LPs vote on key-person trigger after co-founder death

LPs default during the COVID-19 crisis and Ares is putting Unified Women's Healthcare on the block.

3 min read · 30 March 2020

US private equity shops brace for supply chain disruption, Hillhouse runs up against coronavirus downturn with ambitious target for new fundraising, HGGC looks for deals amid dislocation

Despite the coronavirus crisis, business still goes on at some PE firms: Hillhouse is seeking to raise up to $13 billion for its next fund while HGGC is scouring for new M&A ventures.

4 min read · 27 March 2020

Covid-19: lessons learned & the call for public-private sector collaboration

PE firms move slowly into offense mode amid the coronavirus crisis and Thoma Bravo shelves its sale of Imprivata.

4 min read · 26 March 2020

Palladium Equity bags Reading Alloys for $250m, CVC sticks with 6 pct hurdle rate on next flagship fund, TA makes growth investment in Accion Labs

Despite the current coronavirus crisis, deals are being prepped.

3 min read · 26 March 2020

Covid-19 and cashflow forecasting: buyer beware

Thomas Friedman recently argued that “the coronavirus will create a new historical divide: before-Corona (BC) and after-Corona (AC).”

3 min read · 25 March 2020

PE firms repurpose portfolio company resources to tackle covid-19, Gryphon Investors hits market with Fund VI, Sponsors keep tabs on staples beyond canned goods or toilet paper

COVID-19 crisis could bode well for new M&A tech opportunities and Gryphon launches sixth fund.

3 min read · 25 March 2020

Invoking the MAC clause and tending to liquidity: covid-19 impacts on PE, One Equity to buy German IT consulting company, LPs advised to buy time on private equity pacing

Amid the COVID-9 crisis, some firms are invoking the MAC clause to pull out of deals.

3 min read · 24 March 2020

Thoma Bravo shuts down Imprivata process amid coronavirus downturn, LPs assess risk of 'nightmare scenario' with capital call credit lines, NY Common forms co-invest partnership with Neuberger Berman

Thoma Bravo calls off its potential $2 billion-plus sale of Imprivata amid the coronavirus pandemic and New York State Common Retirement Fund commits to a $2 billion co-investment fund with Neuberger Berman.

3 min read · 23 March 2020

Oak HC/FT's Andrew Adams on bending the covid-19 curve with virtual care, MiddleGround Capital to pay leave for covid-19-positive workers, Lindsay Goldberg exits VDM Metals

MiddleGround is paying leave for employees who test positive for COVID-19 and trying to de-stress during a period of excessive stress.

4 min read · 20 March 2020

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