Financial services

PAI is optimistic about the new year, with eyes on opportunities for companies in the real economy.

Relation is a Chicago-based insurance brokerage firm.

Headquartered in St. Louis, Missouri, Colibri is a professional education company.

Béla Szigethy and Stewart Kohl: 'Investors remain highly discerning, selective and willing to do more work, dig deeper in diligence, be more patient and demanding, and GPs must respond with enhanced fundraising capacity and improved stewardship.'

'The bottom has come up slightly. The market has come towards the sellers, but the sellers have also now agreed to reduce their expectations,' says Xavier Robert.

Westbridge is an energy and sustainability advisor in real estate.

The private equity firm is in the early stages of launching several sale processes.

Mutares makes 17th acquisition of 2024.

The transaction is comprised of $800 million in cash at closing, $200 million subject to achieving certain 2025 financial metrics and $200 million subject to a multi-year earnout.

At the completion of the transaction, American Securities will no longer be an owner of Birch Grove, which will become a subsidiary of Third Point.