Private Equity

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CD&R makes 2.5x its money on naviHealth, exiting in under two years

NaviHealth, which aims to reduce the cost of post-acute healthcare, trades hands yet again in a deal valued around $2.5 billion including debt, according to sources.

3 min read · 20 May 2020

Forescout sues Advent, asserting MAE, to complete $1.9bn deal

Forescout has filed a complaint with the Delaware Court of Chancery asserting that affiliates of Advent have violated the terms of their merger agreement with Forescout.

3 min read · 20 May 2020

Advent attempts to break $1.9bn Forescout deal

Spruce Point's Ben Axler, an activist investor in Forescout, told PE Hub that indications the transaction could fall apart surfaced soon after the deal was struck.

3 min read · 19 May 2020

Francisco’s QGenda, a scheduling-software company for docs, heads to market

Workforce management could be considered even more important post-pandemic as hospitals emphasize improved processes to reduce expenses.

2 min read · 19 May 2020

Life Under Quarantine: HGGC’s Rich Lawson on running a virtual AGM

The new normal has created new avenues for communicating with LPs, managing the firm’s employees and giving back to the community, Lawson said.

3 min read · 18 May 2020

Sun Capital sees physician practice consolidation opportunity as solo groups struggle

As independent practitioners providing non-essential care have been disproportionately negatively impacted, Sun's portfolio companies have the ability to expand.

3 min read · 18 May 2020

Carlyle/GIC may get out of American Express GBT deal over technicality

Lenders can terminate their agreement if the transaction doesn't close by June 30, meaning without an expedited trial, the deal is likely toast.

2 min read · 15 May 2020

Carlyle’s Eggplant is close to finding a buyer

The company is in late-stage discussions with one to two interested parties, the people said.

2 min read · 14 May 2020

GTCR bets on future growth of marketing tech

Amid the new everything-remote environment, consumers are increasing their online shopping activity, making online marketing more valuable and visible.

3 min read · 13 May 2020

Zelis backers Parthenon, Bain, step in to lead amid CEO departure

The company announced Tuesday that Doug Klinger would be stepping down as CEO to spend more time with family.

2 min read · 13 May 2020

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