Private Equity

US

Advent invests in TA’s Conservice, bringing value to $2.5 bn-plus

The company’s business model is likely to remain resilient to a downturn triggered by the covid-19 outbreak, one of the sources said.

2 min read · 17 March 2020

EQT-backed Synagro buys Pace Dewatering Systems assets

Synagro Technologies, a portfolio company of EQT, has acquired assets from Edmonton-based Pace Dewatering Systems, a provider of centrifuge technology.

2 min read · 17 March 2020

Verstra Ventures and MaRS IAF back VXG

Toronto-based VXG, a developer of a video management software platform, has raised C$1 million in seed-stage financing.

2 min read · 17 March 2020

Bain Capital Ventures-backed Vetsource weighs options, expecting delays

Barclays and Moelis have been engaged for sell-side financial advice, however the timeline of the process is unclear amid market uncertainty.

3 min read · 17 March 2020

CapVest's Curium shelves potential $3bn sale amid market volatility

As the JPM and Rothschild process for the French nuclear medicine company is put on hold, attention shifts to Webster Equity-backed PharmaLogic, sources told PE Hub.

2 min read · 17 March 2020

Brookfield Renewable to buy TerraForm

Brookfield Renewable Partners has agreed to acquire the 38 percent stake in TerraForm Power it does not already own.

5 min read · 17 March 2020

CPPIB-backed Essential Utilities buys Peoples

Essential Utilities, which is backed by Canada Pension Plan Investment Board, has acquired Pittsburgh-based Peoples, a natural gas distribution company.

4 min read · 17 March 2020

NorthOne lands Series A

Toronto and New York-based NorthOne, a tech-powered bank account for America’s small businesses, freelancers, and startups, has raised US$21 million in Series A funding, according to a blog post.

1 min read · 16 March 2020

CPPIB completes Pattern Energy buyout

CPPIB has closed its previously announced take-private acquisition of renewable energy company Pattern Energy Group.

3 min read · 16 March 2020

Morgan Stanley Capital's Pathway goes to TSG for $2.65bn

TSG Consumer makes a big splash in vet care amid other activity in the lower middle market, with L1 Health's Destination Pet buying VitalPet out of bankruptcy following Cortec's recent acquisition of Lap of Love.

3 min read · 15 March 2020

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