Private Equity

Financial services

Permira, Warburg Pincus-backed group acquires Clearwater Analytics for $8.4 bn; Trivest Partners doubles down on founder-owned focus

Permira and Warburg Pincus-led investor group agrees to acquire Clearwater Analytics; an interview with Mario Masrieh, managing director at Trivest Partners, about the firm’s dealmaking in 2025 and how AI is impacting it; insights from Houlihan Lokey’s Q3 snacking market update.

6 min read · 22 December 2025

Dealmaking to pick up for sustainability-driven assets, says Ambienta; EQT to acquire Arlanda express operator; Ardian to exit B2B helicopter biz

Ardian has entered exclusive discussions with GD Helicopter Finance to sell its majority stake in NHV, a European helicopter operator specializing in B2B services.

5 min read · 22 December 2025

Ambienta’s Mauro Roversi: Sustainability to be a ‘major force’ in 2026 capital allocation

'Many investors still view sustainability as complementary rather than a fundamental driver of growth.'

4 min read · 22 December 2025

Ares Management invests $475m in financial services firm Steward Partners

Steward Partners’ existing backers are Cynosure Group and The Pritzker Organization.

1 min read · 19 December 2025

Bain, CapVest, One Equity target specialty pharmacy and pharmaceuticals; TSCP launches spin-off from payer services platform Intellivo

Other factors driving interest in payer services are first-time investors and experienced ones seeking to increase their portfolio exposure.

3 min read · 19 December 2025

Thoma Bravo’s Hypergene to merge with Verdane-backed Stratsys

The tie-up between the Nordic companies will combine financial and non-financial performance management.

1 min read · 19 December 2025

Agilitas makes seven new appointments

Agilitas has made seven new appointments across its transformation, investment, and corporate teams.

2 min read · 19 December 2025

Carlyle and H&F to sell Vantage to Howard Hughes in $2.1bn deal; Companies for sale year-end review; Holiday videos from Blackstone and Apollo

A look back at companies-for-sale coverage in 2025; Howard Hughes Holdings agrees to buy Vantage from Carlyle and Hellman & Friedman for $2.1 billion; year-end videos from Apollo and Blackstone.

4 min read · 18 December 2025

Howard Hughes Holdings to acquire PE-backed Vantage for $2.1bn

Vantage, which is backed by Carlyle and Hellman & Friedman, is a Hamilton, Bermuda-based specialty insurance and reinsurance company.

2 min read · 18 December 2025

IK Partners invests in Ascora as part of MBO

Ascora offers services ranging from policy underwriting to claims management across three main areas: real estate, property and casualty, and health and protection.

1 min read · 18 December 2025

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