US

PPS was originally established as a platform investment by Sunlake and Mangrove Equity Partners in December 2018.

Laboratories, conveyor belts and cranes are among the adjacencies that Kanawha could target with M&A.

Fosber designs and manufactures high-speed corrugating machinery and provides vital aftersales parts, maintenance and digital monitoring services to box manufacturers worldwide.

The transaction is expected to close in the second quarter of 2026.

'A precision healthcare physician practice management group is likely starting in the 12x to 14x EBITDA range, a DTC business will see 15x to 18x,' Fifth Third's Christopher Dorn tells PE Hub.

‘Everyone is more focused on building the next generation of AI-enabled products, rather than buying new products,’ meaning Hg's portfolio is more on the build-side currently, says Brian.

DPP is a specialist mechanical and electrical maintenance contractor.

The intensive short-term tutorial will cover firm management, scaling, value creation and succession.