Dealmaking

ECP to collect first round bids for Liberty Tire in coming weeks, sources say

Liberty Tire, a 2021 portfolio company of ECP, converts about 215m tires per year into 4.7bn pounds of reclaimed rubber.

Real estate asset class driving deals in tech; HCI agrees to sell SDS Rx to business unit of DHL Group

Private equity has has a busy 2025 with restaurants after Rhône acquired fast casual franchise Freddy’s.

Private capital investors warm on UK, finds BVCA survey; Yellow Wood sells Glasgow-based skincare brand; Samsung Life agrees to minority stake in Hayfin

Founded in 2022, Byoma is a skin barrier and skin health brand.

Ariel Alternatives buys Groome Industrial Service Group; Rhône Group to acquire Copperweld Bimetallics from Kinderhook

A pair of power- and utility-focused exclusives: Ariel Alternatives acquires Groome Industrial Service Group from Argosy Private Equity; and Rhône Group and Kinderhook Industries reach an agreement under which Rhône will acquire a 110-year-old manufacturer of bimetallic power and grounding conductors. Also: Sverica Capital Management makes a growth investment in Raken, a field management software provider to the construction industry; and Arcapita acquires a majority equity stake in C&K Paving, a provider of parking lot maintenance services.

Exclusive: Ariel Alternatives acquires Groome Industrial Service from Argosy

Utility and industrial services companies have traded at elevated multiples over the past couple of years, with many PE-backed platforms fetching 13x-20x EBITDA multiples.

Exclusive: Rhône scoops up Copperweld Bimetallics from Kinderhook

Kinderhook acquired the century-old metals business in 2019 from THL Credit and, over its six-year holding, grew EBITDA by approximately 650%.

Investindustrial plants flag in Japan, eyes add-on opportunities

The European buyout firm's Tokyo office will be its ninth globally and second in Asia after Shanghai.

Permira leads $525m investment in MENA property portal alongside Blackstone Growth; Archimed acquires infant and elderly skincare business

Archimed has expanded its presence in the consumer health sector with the acquisition of Groupe Laboratoire Rivadis.

JVP delivers nearly 9x return to some LPs with Earnix CV

Rolling investors into the new fund include Partners Group, HighVista Strategies, Committed Advisors and Hollyport Capital, according to a statement.

Oregon utility contractor said to strike PE interest; Goldman Sachs points to multi-year M&A recovery

An exclusive on a family-owned electrical contractor from Oregon that’s for sale; insights from Goldman Sachs’ H2 M&A Outlook report, in which the firm presents its expected timeline for market recovery.