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Financial Services

Charles Spetka rejoins Fortress as Middle East head

Spetka will lead all Middle East operations from the firm’s newly established Abu Dhabi office.

1 min read · 16 May 2025

Lotus Infrastructure Partners to sell seven natural gas plants to Vistra Corp for $1.9bn

The acquisition includes five combined cycle gas turbine facilities and two combustion turbine facilities located across Pennsylvania, New Jersey, Maryland, New England, New York and California.

1 min read · 16 May 2025

Five Point Infrastructure forms PowerBridge with $1bn equity commitment

PowerBridge will partner with LandBridge, WaterBridge and other Five Point-backed companies on the buildout of data centers and related infrastructure.

1 min read · 16 May 2025

Palladium Equity-backed Sky Zone appoints David Hoffmann as CEO

Headquartered in Provo, Utah, Sky Zone is a trampoline park chain.

1 min read · 16 May 2025

Partners Group-backed Green Tea goes public on the Hong Kong Stock Exchange

The China-based casual dining brand began trading its IPO after pricing its 168,364,000 shares at HKD 7.19 per share.

1 min read · 16 May 2025

Armen takes minority stake in Vendis Capital

Vendis Capital is a European consumer-focused buyout firm.

1 min read · 16 May 2025

General Atlantic to buy minority stake in Montagu-backed Wireless Logic

The transaction values Wireless Logic at £3.5 billion.

2 min read · 16 May 2025

PE bets on healthcare's adoption of AI: Six deals

Clearlake, New Mountain Capital and Mubadala are among PE firms investing in healthcare companies utilizing AI.

3 min read · 16 May 2025

Financial Services

West Lane Partners appoints Charles E. Corpening as chief investment officer and managing partner

Before joining West Lane Partners, Corpening was senior managing director and head of investments team for Ariel Alternatives and Project Black.

1 min read · 15 May 2025

Sterling Group acquires Pavement Preservation Group Inc and Vance Brothers

As part of these transactions, the PPGI and Vance organizations will operate as regional divisions of Pavement Preservation Group.

1 min read · 15 May 2025

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