Private Equity

PE Hub Wire

Charlesbank shops Ensono in an ~$2bn deal, Pamlico closes Fund V on $1.4bn hard cap, Providence explores single-asset deal for HSE24

Charlesbank puts Ensono on the block and Pamlico raises $1.4 billion for its fifth fund.

2 min read · 18 February 2020

Sun Capital pushes into growth investing, The most negotiated term: GP clawbacks of waived carry, Ares targets $2bn for revamped direct lending fund

GPs waive carried interest on investments and Ares is back to market with a new debt fund.

3 min read · 14 February 2020

Genstar acquires RS Energy from Warburg, Vitruvian explores sale of logistics tech company Unifaun, InTandem readies Cano Health for sale

Genstar buys RS Energy from Warburg Pincus and InTandem preps Cano Health for sale.

2 min read · 13 February 2020

Butterfly Equity hires ex-KKR Capstone senior executive, Hellman & Friedman's PPD shows PE growth in action, HIG spinout part of 2020 crop of emerging managers

Butterfly makes a significant hire and American Pacific Group is raising its debut fund.

2 min read · 12 February 2020

Edgewell Personal Care drops Harry's bid after FTC opposition, CCMP veteran Healthcare exec leaves, GI Partners eyes cap on debut digital infrastructure fund

Edgewell Personal Care drops its bid to acquire Harry's after the FTC steps in to block it and a veteran CCMP healthcare exec leaves the firm after nearly 20 years.

2 min read · 11 February 2020

Summit Partners, Noro-Moseley Partners shop MacStadium, Advent buys Zingfit, New 2ND Capital leads $134mn Vicente Capital fund revamp

Summit and Noro-Moseley may be selling MacStadium and Advent buys a software company that targets boutique fitness brands.

3 min read · 10 February 2020

TPG runs single-asset process on Creative Artists Agency, Thoma Bravo preps for potential $2bn-plus sale of Imprivata, CalSTRS to hike PE allocation

WCAS-backed Green Street Advisors inks a media deal and TPG explores a secondary single-asset transaction for Creative Artists Agency.

3 min read · 07 February 2020

NB Renaissance, Bain bring Engineering Group’s valuation to over €1.6bn, Cresset invests in True Capital Management, Private equity grows

Good news for private equity and Bain's investment in Engineering Group brings the latter company's valuation to over 1.6 billion euros.

3 min read · 06 February 2020

Insight Partners, Clearlake explore options for Diligent in potential $4bn deal, Waud teams up with ex-MatrixCare chief, Handy use of GP stakes funds as a succession tool

Insight and Clearlake mull options for Diligent and Waud teams up with industry veteran John Damgaard to build a healthcare IT platform.

3 min read · 05 February 2020

Ex-Apax exec's firm Grant Avenue makes first investment, Clearlake buys Innovative XCessories & Services from Olympus, Firms get serious about succession

Grant Avenue Capital, a new firm formed by an ex-Apax Partners executive, makes its first deal.

3 min read · 04 February 2020

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