Dealmaking

Main Capital gets busy with UK deals after opening London office

Expansion is a ‘natural next step’ for the software-focused private equity firm, Sjoerd Aarts, managing partner and head of Benelux and UK, tells PE Hub.

Investors bullish on Major League Baseball despite potential lockout; Niobrara acquires managed IT services provider MSP Corp

Also featured is a look at HR software deals from private equity firms Thoma Bravo, Gryphon and Main Capital.

Major League Baseball drawing significant investor interest despite potential lockout

MLB has welcomed in new investors including Apollo, Harbinger and an ownership group led by Kwanza Jones and José E Feliciano.

Providence Equity outlines the shared strategies in entertainment and B2B events investing; Brookfield to take plumbing product biz Reliance private

Eurazeo has completed a majority investment in Netco Group, a European provider of critical maintenance services for conveyor systems used in vital industries.

Providence’s Andrew Tisdale and Robert Sudo share ATG, Hyve and CloserStill playbooks

Category leaders, resilience through disruption and tech investment are key in entertainment and B2B events investing, the pair tell PE Hub.

KKR, Neuberger to take minority stake in Datavant; Carlyle joins MIT Generative AI Impact Consortium as PE firms double down on AI

Neuberger and KKR agree to acquire a significant minority stake in health information tech company Datavant from New Mountain Capital; RedCloud Capital invests in APS Environmental Group; Carlyle joins the MIT Generative AI Impact Consortium to explore how AI can support investment decision-making and portfolio management.

Copilot bets on ‘rapid renewable deployment’ in the US with Green Eagle

Green Eagle Solutions builds automation software for renewable energy operations.

GPs optimistic on dealmaking outlook but targets set to attract several suitors; KPS agrees to sale of aluminum business Metra

Ambienta has made its first international add-on for Spaggiari, a developer of software and services products for schools that it acquired in 2023.

Bain Capital’s Max de Groen expects deal activity to pick up over next year; Genstar and Aksia make growth investment in Richey May

Max de Groen, partner and co-head of Technology, North America Private Equity at Bain Capital, on how his firm is navigating disruption from AI in software; Genstar Capital and Aksia make a growth investment in Richey May; New Mountain Capital agrees to make a significant minority investment in Appleby Global Group.

Bain Capital's Max de Groen: 'Transformational nature of AI has put an increased focus on quality' in tech investments

Bain is one of several private equity firms backing the OpenAI Deployment Company.