Dealmaking

'Bear hugs' on the rise in UK take-privates - but why?; Apollo and EasyJet agree on £5.7bn takeover

Partners Group has agreed to acquire a majority stake in AVK Power Solutions, a Maidenhead-based provider of power systems for data centers and AI infrastructure.

GSAM lining data center contractor Divcon up for sale, sources say; Broad Sky closes sale of professional services firm Smith + Howard to TPG

Highlighting two exclusives: a professional services deal close that PE Hub was first to report and a data center power engineering firm coming up for sale by Goldman Sachs; our companies for sale update, looking at sales of gChem, Gong cha and Trinity Consultants.

New Jersey sees opportunity in slow exit market

Shoaib Khan, CIO and director of the New Jersey Division of Investment, says re-ups and new opportunities are being looked at on equal footing, despite being spared liquidity concerns.

Broad Sky grows Smith + Howard 4x before exiting to TPG

‘The business is durable; tax and audit advisory are needed in good and bad times,’ Broad Sky CEO Tyler Zachem told PE Hub in an interview.

Partners Group in talks to buy beauty biz Aroma-Zone from Eurazeo; CVC, Veritas Capital vie for Bodycote

Bodycote is a heat treatment and metallurgical services provider.

Exclusive: GSAM tees up Divcon Controls for sale, sources say

Divcon provides building management and electrical power monitoring systems to data centers and other mission-critical facilities.

Music an ‘exceptionally active’ market, says Reed Smith’s Josh Love; Thoma Bravo to sell Command Alkon to FP; Clearlake partners with OpenAI

PE firms like Blackstone, TPG and EQT have also been active in partnering with AI businesses.

'We're seeing some of the biggest deals the music industry has ever seen,' says Reed Smith's Josh Love

'AI has enormous potential to improve administration, metadata management, royalty processing and licensing efficiency,' Josh Love told PE Hub.

Njord Partners’ Arvid Trolle: AI now a ‘natural part’ of how firm operates; Advent agrees to acquire FNZ Bank

FNZ Bank is an independent wealth management banking and infrastructure provider in Germany, offering banking, custody, transaction execution and regulatory services.

Njord Partners’ Arvid Trolle: AI a ‘key part’ of operational improvements

The special situations investor is seeing ‘resilience’ in the value segment, including in the exit market, the firm’s co-founder told PE Hub.