PE Hub Wire

Kinderhook Industries wins PE Hub's Mid-Cap North America Deal of the Year, plus HVAC service providers on the block

Continuing with PE Hub’s Deal of the Year Awards for 2025 by featuring Kinderhook Industries, the winner of Mid-Cap North America Deal of the Year; HIG Capital conducting a bake-off for a 2022 portfolio company; a look at two HVAC service providers and one manufacturer of refrigerants used by the HVAC market currently for sale, or soon to be in the market.

Lower offers in defense deals ‘more acceptable’ if it lowers execution risk, says Goodwin; Norvestor to take payroll biz Zalaris private

Norvestor has agreed terms for a NKr2.2 billion ($225 million; €197 million) offer for Oslo-listed Zalaris, a payroll and HR services provider.

Private equity hitting high multiples in data center refrigeration and structural design plays, says Lincoln International

Lincoln International’s Guillaume Suizdak and Juan Carlos Montoya tell PE Hub their outlook for the HVAC sector, and about the tailwinds boosting its growth.

Inside Arlington’s exit of Forged Solutions Group to JF Lehman & Co.; M&A disputes rising, finds BRG report

A weekly update on companies for sale, including two recent deal announcements; highlights from a conversation with Arlington Capital managing director Peter Manos about the firm’s latest sale of an aerospace parts company; a look at a survey BRG conducted about M&A disputes.

Auréa’s Aparna Aiyar sees opportunities in beauty carve-outs; MedTech infra pulls premium valuations, finds Houlihan Lokey

“Identify what you’re good at early and stick with it,” Auréa’s new partner Aparna Aiyar told PE Hub.

Blackstone takes majority stake in Advanced Cooling Technologies; How E2P grew Furlani Foods before sale to Arbor

Also featured is Blackstone and Blue Owl's minority stake investment in Atlas Holdings.