Dealmaking

Thoma Bravo’s deal spree continues with sale of Frontline Education; IMB delivers firm’s best returns

Thoma Bravo to exit Frontline Education

Tarrus Richardson shares IMB's strategy for delivering returns in utilities and government contracting

'We generated 27 times return on our invested capital, which is a best for us,' said Richardson about the sale of LaFata Contract Services.

Inflexion sells Phenna Group stake to Oakley Capital

The deal values Phenna Group at over £1bn and market sources said it provides a more than 5.5x return for Inflexion.

Lone Star interest in Bank of Cyprus upsets government; PVC Europe exits Benvic

Cypriot government 'is faced with a race against time' to ensure it has the power to prevent a potential takeover of the Bank of Cyprus.

Stephens loses two in financial sponsors coverage team

Stephens believes it maintains excellent sponsor coverage through its existing staff and sees the area as one of growth.

Bernhard Capital is working on the railroad; Revelstoke buys eating disorder treatment provider from LLCP

LLCP divests an eating disorder treatment provider to Revelstoke.

More scrutiny required of digital services deal opportunities, says Zinnov

In this tough market, PE investors will need to dig deeper to identify truly digital services companies in order to extract real value from deals, say Zinnov’s CEO, Pari Natarajan, and managing partner Sidhant Rastogi.

Bernhard Capital sees deal opportunities in aging railway network

Bernhard-backed RailWorks announced the acquisition of H&H Engineering Construction last week.

Ocean 14 Capital acquires and merges three companies to create MITO

MITO consolidates clam hatcheries and nurseries in Italy and the Netherlands.

Thoma Bravo invests in mental health company Alma; PE-backed TAG expands to vets

Thoma Bravo announced a $130 million minority growth investment in Alma.