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How TPG's decade-long thematic focus lent to the creation Ellodi, a new specialty pharma business

Ellodi's clinical assets were spun out of TPG's Adare, which grew EBITDA at a CAGR north of 25 percent under the PE firm's hold, a source told PE Hub.

4 min read · 28 September 2020

PE shows interest in CDK Global’s international business 

While the process only recently launched, the business unit has already commanded interest from numerous private equity groups, including those with US headquarters.

2 min read · 25 September 2020

Providence to make six times its money on ZeniMax

Microsoft on Monday announced its agreement to buy the video gaming provider for $7.5 billion.

1 min read · 25 September 2020

Disinfecting needs catapult growth of MPK Equity’s Restoration 1

The sudden attention to commercial cleaning equated to a revenue gain for the PE-backed business.

3 min read · 23 September 2020

KKR buys 1-800 Contacts for $3.1bn-plus as eCommerce and telemedicine take off

The deal provides an exit for AEA Investors and Thomas H. Lee, more than four years and six years into their investments, respectively.

3 min read · 23 September 2020

Sponsors circle logistics tech provider Shipmonk as sale process kicks off

Private equity firms are expected to participate, having already expressed interest in the business.

2 min read · 23 September 2020

Anthem in late-stage negotiations to buy CareCentrix, but deal is far from certain

Customer concentration issues have weighed on the process for CareCentrix, a home- and post-acute care benefits manager backed by Summit Partners.

3 min read · 22 September 2020

Alpine’s ASG backs legal tech and payments provider Headnote

Headnote marks the latest addition to ASG LegalTech’s platform of rapidly growing legal Software-as-a-Service (SaaS) products, which also includes PracticePanther, Bill4Time and MerusCase.

2 min read · 22 September 2020

Odyssey shakes hands on $500m-plus deal for Linden's ProPharma Group

Odyssey previously weighed buying ProPharma through existing portfolio company TrialCard, three sources said.

3 min read · 22 September 2020

Blackstone approaches $2.4bn deal for Precision Medical Group

If a deal is reached, existing investors Berkshire Partners and TPG Growth are expected to remain minority investors in the provider of outsourced pharma services.

2 min read · 21 September 2020

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