Private Equity

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EQT values Storable at around $2 billion

The deal provides a partial exit for Bain Capital spinout Cove Hill, which first invested in Storable's predecessor in 2018.

2 min read · 24 December 2020

GTCR builds out Cedar Gate Technologies with more to come

Following Cedar Gate's acquisitions of Deerwalk and Citra Health this year, the healthcare IT platform sees more white space opportunity as value-based models of payment show resilience.

4 min read · 23 December 2020

Lincoln Road forms Landmark Paving, buy-and-build platform targeting small-scale infrastructure projects

Lincoln Road managing partner Jeff Magny founded the Miami PE firm in 2015 after about nine years at Sun Capital Partners.

3 min read · 22 December 2020

Nordic and Astorg to buy New Mountain Capital's Cytel in $1bn deal

Benefiting from existing trends that are accelerating through the global health crisis, Cytel is riding the tailwinds of pharma R&D growth and the push to make R&D spend more efficient.

3 min read · 21 December 2020

Diversis Capital to make 10x on sale of ArrowStream

Tailwind Capital is buying the provider of supply chain management software for the foodservice industry.

1 min read · 18 December 2020

Hg, TA-backed Mitratech to go on the block in early 2021

Hg, a majority stakeholder, and TA, a minority backer, have plans to put Mitratech on the block either in the first or second quarter, the people said.

3 min read · 17 December 2020

ERT-Bioclinica marriage, led by Nordic and Astorg, pushes valuation to $5.9bn

The merger of the clinical trial technology companies comes as CROs and the broader pharma industry face growing pressure to shift to a cloud-based approach to speed up decision-making in drug development.

4 min read · 17 December 2020

Avista Capital Partners buys Solmetex, provider of dental waste management

For healthcare-focused Avista, Solmetex marks its fourth Fund V platform, following investments in Vision Healthcare, Xifin and GCM.

2 min read · 17 December 2020

Knox Lane, TPG Growth-spinout, backs Fingerpaint in inaugural investment

Knox Lane was founded in late 2019 by managing partner John Bailey and partner Shamik Patel.

3 min read · 16 December 2020

PwC sees SaaS continuing its hot streak in tech M&A in 2021

SaaS was the most active part of tech deals in 2020, PwC found in its recent Technology Deals Insights report.

2 min read · 15 December 2020

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