Dealmaking

Sponsors eye Bausch + Lomb carve-out opportunity 

Some PE firms are looking into buying the optical-health subsidiary from Bausch Health and then turning around and reviewing the portfolio for possible divestiture opportunities, some sources said.

Fintech player Calypso draws immense interest, the land grab for Managed Service Providers

TA Associates and Clearlake Capital to back Precisely for $3.5 billion

Ten PE shops expected to bid for Calypso Technology

First-round bids for the company are due on March 12, sources said.

PE firms battle to acquire managed-service providers

It’s a take-what-you-get situation in the PE world as large pure-play MSPs become a rare find.

TPG's $1.4bn Thycotic deal, One Equity creates wound care giant, OpenGate builds $150m packaging platform, Novo Holdings’ push into US healthcare

TPG acquires Thycotic from Insight Partners for $1.4 billion and OpenGate-backed Duraco Specialty Tapes buys Filmquest Group.

OpenGate buys Filmquest on path to building ~$300m packaging platform

The PE firm sticks a second add-on to specialty tapes platform Duraco.

One Equity's American Medical Technologies unites with RestorixHealth

The marriage of the two wound care companies comes as the US's diabetes problem, positive reimbursement dynamics and increasing demand across post-acute care settings present a favorable backdrop for growth.

TPG acquires Thycotic in $1.4bn deal

As part of the deal, TPG plans to combine Thycotic with Centrify, a company it bought from Thoma Bravo in January.

Altasciences kicks off Novo Principal Investments expansion in US healthcare investing

Novo Principal Investments, after bringing on seasoned healthcare investors Abhijeet Lele and Jonathan Levy, aims to build out a US-based presence with up to 10 new local hires.

Private Equity Jobs of the Week: BlackRock, Brookfield and Apollo are hiring

This week’s jobs include a director at BlackRock, a senior vice president at Brookfield and an associate at Apollo.