US

Branford Castle exits Surface Preparation Technologies

In June of 2018, SPT acquired the rumble strip division of Diamond Surface Inc., which dramatically expanded its scale and ability to service customers on a national basis.

Allen to retire as senior adviser for Lexington Partners

Allen, a former diplomat, will retire at the end of the year following 13 years at the firm.

Standish Management to buy Halsey Group

Standish Management has agreed to acquire Halsey Group, a Luxembourg-based fund and corporate services provider dedicated to international private equity and real estate investment firms. No financial terms were disclosed.

PE Hub Wire Highlights, 11.20.19

"I wasn't sent here to safeguard and protect profit."

Sightway Capital first PE fund raises $1.2 bln: Wall Street Journal

Sightway Capital, the PE arm of Two Sigma Investments, raised $1.2 billion for its first PE fund, the Wall Street Journal reported. Sightway Capital I LP will focus on financial services and real estate, the story said.

CD&R to buy Cynosure

Clayton, Dubilier & Rice said Nov. 20 that it agreed to buy Cynosure LLC from Hologic Inc. In a separate release, Hologic said the total purchase price was $205 million cash, subject to certain closing adjustments. Cynosure makes and markets aesthetic treatment systems for dermatologists, plastic surgeons, medical spas, and other healthcare practitioners.

Floyd retires from JMFA

John Floyd, founder chairman and CEO of JMFA, and COO Cher Floyd are retiring from the HKW portfolio company.

Advent to buy Olaplex

Olaplex was founded in 2014 by beauty industry veterans Dean and Darcy Christal, who commercialized a revolutionary, patented technology that protects and repairs hair from damage.

Oak HC/FT-backed WithMe Health expands leadership team

WithMe Health, a portfolio company of Oak HC/FT, said Nov. 20 that four new executives have joined the company. They include: Helen Sherman as chief pharmacy officer; Smita Nair as chief product officer; Tom Smith as general counsel and head of compliance; and, Dickon Waterfield as chief commercial officer.

Broadridge Financial buys ClearStructure Financial Technology

Broadridge Financial Solutions Inc said Nov. 20 that it acquired ClearStructure Financial Technology. Financial terms weren’t announced. ClearStructure Financial Technology provides portfolio management solutions for the private debt markets.