Dealmaking

Wynnchurch to collect final round bids for Eastern Metal Supply, sources say

The mid-market sponsor is trying to fetch about $1bn or more from the sale of the 2019 portfolio company.

Catchment Capital signs debut deal; How Blue Point built Stax and attracted Grant Thornton

Newly formed Catchment Capital has made its debut deal, of an Ottawa-headquartered provider of outsourced advanced electronic and embedded system design services; PE Hub speaks with Chip Chaikin, a partner at Blue Point, on how his firm built a platform that attracted Grant Thornton.

Blue Point almost doubled Stax’s EBITDA before exit to Grant Thornton Advisors

Blue Point became Stax's first institutional investor in October 2021.

Exclusive: Newly formed Catchment Capital debuts with Fidus Systems deal

The firm’s strategy is focused on mid-market industrial technology, services or products companies with up to $75m of EBITDA.

PE firms reveal approaches to EU AI Act; H&F’s Verisure opens books on Sweden IPO; Nordic’s Noba performs after listing; Apheon buys cleaning product biz

Apheon has acquired a majority stake in Golmar Italia, a distributor of branded professional cleaning and hygiene products.

PE firms navigating AI regulation with little sign of ‘Brussels Effect’

EU rules often set a benchmark for other global watchdogs, but divergent interests have stalled that effect with AI, says White & Case’s Tim Hickman.

Venture debt: Exploring funding structures

In part 24 of his venture debt series, Zack Ellison of Applied Real Intelligence breaks down the key funding structures behind venture loans and growth credit and how they shape investor control and economics.

Silver Lake, PIF, Affinity to acquire Electronic Arts in $55bn take-private deal; Leonard Green, Butterfly, GTCR, Incline look to single-asset CVs

Electronic Arts has agreed to be acquired by a group of investors that includes Saudi Arabia’s Public Investment Fund, Silver Lake and Jared Kushner’s Affinity Partners in an all-cash take-private transaction valued at approximately $55 billion; GPs are turning to single-asset continuation vehicles not just for assets they can’t sell right now but even for "crown jewels."

Why more GPs are embracing single-asset continuation vehicles

Butterfly co-founder Adam Waglay on Qdoba: ‘We didn’t do the single-asset CV because we had run out of options. There is a lot more upside.’

UK wealth management deals ahead, says Lincoln International; KKR invests in construction software biz

Aurelius has entered a share purchase agreement to acquire the EMEA metering business from SIX Swiss Exchange-listed Landis+Gyr.