Business services

Nautic Partners is selling its stake in Akam through the transaction.

Thorpe’s business is largely tied to industrial system outages and with a scaled platform, which should be appealing to a large-cap PE firm buyer universe.

Smart Communications is a London-headquartered customer communications software company.

Scaled residential HVAC platforms have seen PE deal valuations of 16x-19x EBITDA, while the commercial HVAC market has seen a wider spread from about 10x-17x EBITDA.

'We had one of the largest legal databases in the world, and a tool that can use this data to make lawyers more productive,' Valero Domingo, partner, Oakley, told PE Hub.

'We’ve been investing in AI for years and our CTO at SmartComms was one of the best we had worked with. We were confident that we were on the front foot,' Maurice Hernandez, managing director, Accel-KKR, told PE Hub.

Zalaris is a global provider of cloud-based payroll and human capital management services.

Peak Utility is an outsourced provider of maintenance, repair, and upgrade services for the utility sector.

The acquisition will expand Cogency’s UK governance, company secretarial, and compliance capabilities.

Soberman Engineering provides independent vertical transportation consulting across new construction, modernization, inspections, and maintenance advisory.