Private Equity

US

Momentum builds in the heartland as 128 new funds form in the last decade

Greg Beaufait of Dundee Venture Capital says a new report by the firm and Crunchbase covering Midwest venture activity shows that ‘If LPs don’t have exposure to this region, then they’re missing out.’

4 min read · 13 May 2020

PE-backed Hub International buys Vestas Financial Services

Chicago-based insurance broker Hub International, a portfolio company of Hellman & Friedman and Altas Partners, has acquired Vestas Financial Services Firm.

2 min read · 13 May 2020

Ziva Dynamics attracts seed funding

Vancouver, British Columbia-based Ziva Dynamics, a creator of character simulation software, has raised C$7 million in seed funding.

1 min read · 13 May 2020

Alumina Partners backs Otso Gold Corp

Vancouver, British Columbia's Otso Gold Corp has secured a draw-down equity financing facility of up to C$8 million from U.S. private equity firm Alumina Partners.

3 min read · 13 May 2020

Smart panel firm company Span locks in Series A

Span, a smart panel company, has raised US$10.2 million in Series A funding.

1 min read · 13 May 2020

Murdrick Capital proposes Neiman Marcus-Saks merger: Reuters

Hedge fund Mudrick Capital Management is proposing the Neiman Marcus Group explore a merger with rival department store chain Saks Fifth Avenue, reported Reuters.

1 min read · 13 May 2020

GTCR bets on future growth of marketing tech

Amid the new everything-remote environment, consumers are increasing their online shopping activity, making online marketing more valuable and visible.

3 min read · 13 May 2020

Zelis backers Parthenon, Bain, step in to lead amid CEO departure

The company announced Tuesday that Doug Klinger would be stepping down as CEO to spend more time with family.

2 min read · 13 May 2020

Bow River beefs up Veregy with eighth add-on

PE firm acquires an essential business amid lockdown to grow the energy services platform, a source told PE Hub.

2 min read · 12 May 2020

Q&A: Winston's Eva Davis sees resurgence of earnouts in PE dealmaking

PE Hub sat down with M&A expert Eva Davis, who said she's observing a massive resurgence of earnouts on PE transactions as private equity diligence pivots to the consumer-demand side of businesses.

6 min read · 11 May 2020

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