Business services

Permira’s partial sale of Alter Domus offered ‘perfect balance’

The private equity firm’s investment thesis for the alternatives fund administrator is just as strong today as it was seven years ago, said Permira’s Philip Muelder and Chris Pell.

Gryphon closes sale of HEPACO to Clean Harbors

Following the deal's closing, Clean Harbors expects Hepaco will add about $30 million of adjusted EBITDA to its 2024 earnings outlook.

Broadtree-backed Sayres Defense acquires Global Systems Technologies

GST is a provider of test and evaluation services, model-based systems engineering, logistics, research and development to Defense and Homeland Security customers.

Orangewood-backed Servpro Global DRT acquires Live Oak Restoration

The transaction is Servpro Global DRT's first add-on acquisition since Orangewood invested in it in December.

Littlejohn-backed Magnate Worldwide acquires Quality Air Forwarding

The deal expands Magnate's capabilities in domestic mission critical and expedited transportation.

Bluestone-backed Precise Systems acquires Jardon & Howard Technologies

The acquisition of JHT is Precise Systems' second acquisition since becoming a Bluestone portfolio company in January 2023.

Trivest invests in Bright Event Rentals

In addition to the investment, Bright has acquired PEAK Event Services, a special event rental company in New England and the Hudson Valley, from Dubin Clark.