Dealmaking

Will UK budget uncertainty muffle dealmaking? Plus, which types of law firms are likely to draw PE interest

The Labour government is widely expected to raise taxes to help plug a £30 billion hole in the public finances, but exactly what form those changes will take remains an unknown.

GTCR bets on home security; Francisco Partners to buy OEConnection from Genstar; Trive forms vacation rental platform

A Q&A with Tom Ehrhart, a managing director at GTCR, who detailed how the firm will leverage its long history of investing in residential and commercial security space, to grow SimpliSafe; Francisco Partners agrees to acquire OEConnection, an auto tech platform, from Genstar Capital; Trive Capital forms Avari, a short-term vacation rental property management platform.

Private equity backs ‘very sticky’ fund admin sector; Apollo agrees to buy Spain’s Atlético Madrid

The deal is via Apollo’s sports investment company Apollo Sports Capital, which launched in September.

Private equity’s back office attracts dealmakers

Asset servicing providers have 'resilient business models,' says Inflexion's Andrea Bertolini. 'Once you outsource your admin to a third party, it’s very sticky, because it’s a big headache for a fund to change their administrators.'

Going public can still deliver a 'dreamy outcome;' Arcline to buy Novaria from KKR for $2.2bn; Deal of the Year Awards call for nominations

PEI Group’s exploration of big-picture themes in the alternative assets industry continues today with our fifth installment of Private Markets 2030 delving into the dynamics of public versus private; a Call for Nominations for PE Hub’s Deal of the Year Awards; a big deal in the aerospace and defense industry.

PE Hub opens Deal of the Year Awards call for nominations; Italy offers broad range of investment opportunities, says Apheon

London-listed JTC has accepted a revised offer from Permira, valuing the business at around £2.7 billion ($3.5 billion; €3.1 billion).

The rise and rise of take-privates

Short-term and increasingly passive public markets aren’t always the right fit for major transformations, particularly those being driven by trends such as decarbonisation and AI.

Modelling public-private exposure

Do customisable models incorporating both public and private markets exposure represent the next step in the democratisation of alternatives?

Restoring the balance between public and private markets

Companies are staying private for longer, but our economies need fully functioning and vibrant public markets as well.

Public markets: After years of private market growth, public markets may gain ground

Thanks to the evolution of a robust private market ecosystem that includes private credit, secondaries and unprecedented amounts of capital, companies are growing bigger and staying private for longer than ever before. Nevertheless, the dream to go public is still very much alive.