Financial services

Updates on two deals we've been tracking: Reverence Capital is backing Midwest CPA firm Eide Bailly, and the Sterling Group selling sustainable building products company Tangent to Platinum Equity.

Couret will also serve as the head of lower mid-market private equity in Spain.

The investment will provide additional resources and specialized expertise to accelerate Eide Bailly's strategy and expand innovation and client service.

The deal is valued at C$1.775 billion.

This investment from Flexpoint broadens Novel's ownership base.

Leung joined Littlejohn in 2013 as an associate.

PE firms are sitting record highs of dry powder capital and the rate of companies testing the market remains sky high, despite a slowness in deals coming to fruition.

Liberis will join forces with Qred to create a global platform for SMW financing.

'When we invest, we’re not just allocating capital – we’re influencing leadership, shaping management teams and signaling the kind of talent we want to attract,' ICG's Louis Dawant told PE Hub 'Those standards ripple across portfolios.'