Dealmaking

MiddleGround Capital shops valve maker Vytl Controls; Waste management deal activity to pick up in H2

MiddleGround Capital is working with Solomon Partners to launch a sale process for its portfolio company Vytl Controls Group, which makes makes valves, actuators and pipe fitting products; a weekly update on companies for sale as the summer season starts to set in; a quarterly insight into the environmental services market from investment bank Houlihan Lokey.

Schroders Capital: Historic underweighting to US leaves us in good position

The asset manager, which has a $21bn private equity portfolio, was 'too little bullish' on the US over the last decade, global PE head Rainer Ender tells PEI.

AIP Management: Tariffs add layer of complexity to energy infrastructure; Lenders more selective, says DC Advisory

TPG Rise Climate will acquire a majority stake in Aurora Energy Research.

MiddleGround Capital to shop valve manufacturer Vytl Controls, sources say

The target generated $75m of EBITDA based on $500m in revenue over the last year, PE Hub understands.

Roark’s deal for Dave’s Hot Chicken underscores PE’s franchising focus; AI powers CapVest’s Datasite deal for Grata

Parsing a couple of deals in the consumer and technology sectors: Roark Capital made an investment in fast food hot chicken chain Dave’s Hot Chicken for a reported $1 billion, and CapVest-backed Datasite acquired Grata, a New York City-based private market intelligence company for dealmakers; the fourth season of the Disruption Matters Podcast launches.

Thrust Capital-backed DCM acquires metal heat treatment biz Metcor

Metcor is a Saint-Eustache, Quebec company specializing in metal heat treatment.

CVC’s Ahlsell gets regulatory nod for Skydda carve-out; TA and Warburg portco Epassi buys FPE’s Zest; Axcel closes €266m CV for SuperOffice

Epassi is a digital employee benefit payments provider headquartered in Espoo, Finland.

Disruption Matters: Orchestrating change in disruptive times

Season four of this miniseries delves into how private fund managers are driving ‘weatherproof growth’ and thriving in a turbulent world amid macroeconomic uncertainty, political upheaval and the AI revolution.

Malaysia’s Khazanah mulls $1bn-plus portfolio sale

Khazanah joins a number of APAC sellers this year, with Malaysia's EPF and China Investment Corp also looking to offload portfolios.

Inflexion-backed Ocorian acquires Element 78 Partners' fund solutions unit

Ocorian is a Channel Islands-based provider of fund and corporate administration services and regulatory solutions to financial institutions, asset managers, corporates and high net-worth individuals.