Financial services

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As part of the transaction, Principal Asset Management and Nippon Life Insurance Company will exit their ownership positions.

Chicago-based Relation Insurance Services is an insurance brokerage firm.

Talking with KKR partner Ali Satvat about his firm's acquisition of HealthCare Royalty Partners, which invests in commercial-stage and near-commercial-stage biopharmaceutical assets; insights from Jamie Kaufman, a partner at NexPhase, on his firm's investment in Magic Science Corporation, a New York-based health sciences company behind the skincare brand Magic Molecule; Carlyle agrees to buy a provider of practice management services to financial advisory firms from Intelliflo.

According to terms of the deal, Dun & Bradstreet shareholders will receive $9.15 in cash for each share of common stock they own.

The purchase price of up to $200 million is comprised of $135 million at closing, and up to an additional $65 million in potential future earn outs.

Lightrock is providing equity financing in return for a minority stake in Previse Systems, a Swiss energy trading and risk management software provider.

The private equity firm’s carve-outs this year include Multifonds, a proprietary investment accounting and transfer agency software business, from Temenos.

For months, we’ve had anecdotal evidence that April’s tariff rollercoaster ride took a toll on dealmaking. Today, we’ve got the numbers to prove it.

Tariff turmoil took a considerable toll on completed PE transactions.