Dealmaking

Naval shipbuilding attracts private equity; Sheridan acquires Carolina Components; KKR to take Integer Holdings private for $5.7bn

A look at the growing private equity interest in investing in Naval-centric deals; Sheridan Capital Partners acquires Carolina Components Group, a provider of custom-engineered bioprocessing assemblies and components; KKR set to take medical device manufacturer Integer Holdings private; CapVest portfolio company Curium intends to take Lantheus Holdings private.

Exclusive: Sheridan acquires Carolina Components Group

'I think as we continue to scale this asset and because of its reputation in the market, I anticipate we'll have strong interest in it when we go to sell,' said Sheridan partner and co-founder Sean Dempsey.

5 reasons private equity is betting big on US Naval investments

The US Navy budget is over $300bn, a figure which is larger than the GDP of over 75% of the world’s countries and most economic sectors here in the US, according to Ben Ramundo, a managing director at Arlington Capital Partners.

Graphite’s Mike Tilbury: Rise of AI content could lead to ‘rights-clean’ data re-rating; Mutares completes largest-ever deal with Sabic carve-out

Mutares has completed its largest deal with the $450 million EV acquisition of Sabic’s engineering thermoplastics business in the Americas and Europe.

Graphite’s Mike Tilbury: Re-rating 'surely coming' for targets with 'rights-clean' data

'The market still values many of these businesses as ordinary information or subscription companies, when what they own is a critical and defensible input into everyone else’s AI.'

Cortec said to ready A1 Garage Door Service for sale; McNally takes majority stake in Tenica as demand for defense and intelligence services grow

Cortec Group is readying for sale A1 Garage Door Service, a 2019 portfolio company that provides residential garage door maintenance services; McNally Capital announced it has made a majority investment in Tenica Global Solutions.

Exclusive: Cortec to launch sale process for A1 Garage Door Service, sources say

Since Cortec invested in the company in 2019, A1 has closed on at least 17 add-ons.

Top commercial law firms consider PE investment amid AI worries, says Lincoln; Castlelake PUSU deadline for Easyjet extended

Easyjet has extended the PUSU deadline for Castlelake, one of the PE firms in pursuit of the company, to align the timeframe with Apollo’s deadline on August 7.

Goldman Sachs, Brightstar, Health Wave target senior care; Sustainability trends incentivize Apax's €1.5bn medical packaging deal

Supply and demand gaps in senior care have created dealmaking opportunitie, and investors such as Goldman Sachs, Brightstar and Health Wave are among the firms transacting in the segment; a look at a €1.5 billion acquisition by Apax Partners for two medical packaging assets.

PE targets tailwinds in senior care: 7 deals

Goldman Sachs, Brightstar Capital, Hidden River and Pacific Avenue are among the PE firms transacting in the senior care market.