Dealmaking

The peril of investors, C-suite execs and consumers ignoring corporate history

The emergence of an uncomfortable truth from the past doesn’t just affect the people who work there. It can affect those placing bets on the company.

2021 processes to watch: Hg, TA-backed Mitratech, New Mountain's Zep; ERT-Bioclinica merger brings TEV to $5.9 billion

News report claims that New Mountain Capital is weighing a sale or IPO of cleaning products company Zep in 2021.

2021 processes to watch: Hg, TA-backed Mitratech, New Mountain's Zep; ERT-Bioclinica merger brings TEV to $5.9 billion

PE-backed companies Miratech and Zep gear up to weigh their options in 2021, while the recently announced marriage of Cinven's Bioclinica and ERT, backed by Astorg, Nordic and Novos, brings valulation to $5.9 billion.

Hg, TA-backed Mitratech to go on the block in early 2021

Hg, a majority stakeholder, and TA, a minority backer, have plans to put Mitratech on the block either in the first or second quarter, the people said.

ERT-Bioclinica marriage, led by Nordic and Astorg, pushes valuation to $5.9bn

The merger of the clinical trial technology companies comes as CROs and the broader pharma industry face growing pressure to shift to a cloud-based approach to speed up decision-making in drug development.

The SolarWinds hack and private equity, First-timer Diversis exits ArrowStream, Leonard Green runs secondary on older fund

Silver Lake and Thoma Bravo get inadvertently caught up in SolarWinds hack and Diversis sells ArrowStream to Tailwind Capital.

Avista Capital Partners buys Solmetex, provider of dental waste management

For healthcare-focused Avista, Solmetex marks its fourth Fund V platform, following investments in Vision Healthcare, Xifin and GCM.

Sponsors investing behind temperature-controlled storage for covid-19 vaccines, Knox Lane, launched by TPG Growth alumni, strikes inaugural investment, why Carlyle is bullish on the men's grooming industry

Blackstone Tactical Opportunities agrees to inject $275 million into Cryoport and Knox Lane invests in Fingerpaint.

Knox Lane, TPG Growth-spinout, backs Fingerpaint in inaugural investment

Knox Lane was founded in late 2019 by managing partner John Bailey and partner Shamik Patel.

PwC sees SaaS continuing its hot streak in tech M&A in 2021

SaaS was the most active part of tech deals in 2020, PwC found in its recent Technology Deals Insights report.