PE Hub Wire

Golden Gate recaps Tidal Wave at ~$950m value, H&F moves Verisure into continuation vehicle, GPs prep assets for 2021 sales

Golden Gate recaps Tidal Wave Auto Spa and Blackstone's HealthEdge snaps up Altruista Group from Martis Capital.

Quad-C sells stake in life sciences packaging company Inmark, Centre Lane sells GP stake to Investcorp, More U.S. GPs move to Euro-style waterfalls

Despite doom proclamations, private equity was resilient during the pandemic.

New Mountain unloads Sparta Systems in $1.3bn deal, GTCR's Cedar Gate Technologies remains hungry for more growth

New Mountain is selling Sparta Systems to Honeywell for $1.3 billion.

Investing behind infrastructure: Clearlake's Janus unveils $1.9bn SPAC merger, Sun Capital-spinout Lincoln Road Global Management launches Landmark Paving

Clearlake-backed Janus International agrees to merge with Juniper Industrial Holdings and Sun Capital spinout Lincoln Road forms Landmark Paving.

Nordic, Astorg snap up New Mountain's Cytel, Thoma Bravo inks mega real estate software LBO and forms health-tech platform 

Nordic Capital and Astorg agree to buy New Mountain Capital’s Cytel and Thoma Bravo is taking RealPage private.

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.