Dealmaking

Exclusive: HIG to take first-round bids for Capstone Logistics in next few weeks, sources say

At $215m of EBITDA, a source said Capstone may be too large for a strategic buyer, leaving it open to a number of PE buyers.

Renovations, roll-ups and AI roll-outs form PE playbook for booming roofing sector

Huron Capital, Angeles Equity Partners, Sumeru Equity Partners and Osceola Capital are some of the firms investing in roofing services.

Number Crunch: Life sciences slips from its covid peak

After a surge in interest around the covid-19 pandemic, it has been a mixed picture for life sciences and biotech-focused PE fundraising and capital deployment.

Fire safety pipeline fills with data center build-out and regulation among drivers; Ardian sells stake in quality management company

Ardian has announced the sale of its stake in Trigo, a quality management provider in the transportation sector, to Montyon Capital.

Benchmark, Foundation and Eclipse poised for win with Cerebras IPO

The three venture firms were the first investors in the AI chip company, which raised a $27m Series A round in 2016.

Playing safe: Europe's fire safety PE deal pipeline boosted by revenue visibility, regulatory stability

The lower mid-market is 'highly active' with fire safety businesses, according to Lincoln International's Vinod Stalam.

Gryphon said to review sale of Jensen Hughes; Warburg Pincus’ Jake Siewert and Tuck School’s Paul Argenti to speak at PEI Group’s IR Network NY Forum

Gryphon Investors is in the early stages of reviewing a sale of Jensen Hughes, three sources said; teeing up PEI Group’s Investor Relations Network New York Forum next week.

Exclusive: Gryphon to test market for fire safety platform Jensen Hughes, sources say

Gryphon could get a valuation of $1.5bn or more for Jensen Hughes, based on recent EBITDA multiples for fire safety providers, one source said.

AI disruption slowing legal services deal execution, says Arrowpoint; Bain Capital Insurance-backed Aptia adds on Pension Decision Service

IK Partners has agreed to acquire Selatek, a technical installation business, from Amplio Private Equity.

Goldman Sachs, General Atlantic, Aquitaine back autism care; Supply-and-demand gap drives scaling opportunities in mental health assets

The austism sector’s supply-and-demand care imbalance has been a key driver behind deals by firms such as Goldman Sachs Alternatives, General Atlantic and Aquitaine, which have spotted scaling opportunities in the segment; a look at MKH Capital Partner’s investment in a network of mental health and substance use treatment centers.