Private Equity

PE Hub Wire

Cano reveals $4.4bn SPAC merger; Muddy Waters wages attack against MultiPlan; GHO's Envision buys Two Labs

The primary care provider for seniors surprises the market with plans to merge with a SPAC sponsored by real estate investor Barry Sternlicht.

2 min read · 12 November 2020

KKR's Jake Heller talks lessons from the navy; Hg, GA see big opportunity in software for PE

Some of the early lessons that Heller learned from his time in service now help him manage a team of investment professionals at KKR's NGT team globally as well as build meaningful relationships with founders and CEOs.

3 min read · 11 November 2020

Bain Tech Opportunities invests behind HST Pathways, Casetabs; Varsity Healthcare launches new cardiology platform

Bain Tech Ops buys and unites HST Pathways and Casetabs, while Varsity Healthcare Partners forms a new cardiology platform.

2 min read · 10 November 2020

Accel-KKR's TrueCommerce finds mystery buyer, TPA of healthcare benefits snags investment from New Mountain Capital

Acell-KKR's TrueCommerce has selected a new owner, while New Mountain Capital backs the country's largest TPA of healthcare benefits for self-funded employers.

2 min read · 09 November 2020

Altas teams up with Ares to invest in Unified Women's Healthcare, Aphria buys TSG's SweetWater Brewing for $300mn

Ares' brings on Altas as investor in Unified Women's Healthcare, while Aphria gets into the business of craft brewing, buying TSG-backed SweetWater.

2 min read · 06 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

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

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

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

Morgan Stanley Capital Partners buys founder-led US HealthConnect, Mainsail to sell SentryOne, MiddleGround eyes up to $200m for overage fund ahead of next flagship

Morgan Stanley Capital Partners invests in US HealthConnect and Mainsail Partners agrees to sell SentryOne.

1 min read · 30 October 2020

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