Private Equity

Coronavirus

Neiman Marcus files for bankruptcy: Reuters

Dallas-based luxury retailer Neiman Marcus has filed for bankruptcy amid the COVID-19 pandemic, reported Reuters.

1 min read · 08 May 2020

Thoma Bravo-backed Apttus to merge with Conga, Ellie Rubenstein's Manna Tree aims to do a deal a quarter, Ares raises $3bn for investments into dislocation

Ares Management closed on $3 billion for its special opportunities fund and Manna Tree wants to do a deal every quarter.

4 min read · 08 May 2020

Unusual deal terms: Mednax hands over anesthesia biz to American Securities platform

American Securities agrees to buy American Anesthesiology from publicly-traded Mednax.

4 min read · 07 May 2020

YourNest looks to put its dry powder to work for deep tech in India

The firm looks to invest up to $10m into 10 or fewer deep tech companies in India through a rapid fire investing process.

3 min read · 07 May 2020

Arcline Investment Management acquires Unitec Elevator, KKR welcomes 40 new LPs amid downturn, Sponsors assess pandemic liability as economy reopens

KKR deploys about $8 billion since late February and LACERA has no plans to change its private equity program in the downturn.

4 min read · 07 May 2020

How sponsors can mitigate legal exposure across portfolios amid nation's reopening

As employees are asked to come back to work, Debevoise's Hamid said portfolio companies will begin to see workers comp claims, complaints to OSHA and court actions.

3 min read · 06 May 2020

ELearning and remote working deals amid the pandemic, MPK Equity acquires home services business Restoration 1, GPs begin outlining pandemic impacts in disclosures

A group of mid-market PE firms invest in an eLearning company and BV Investments backs StraighterLine, an edtech company.

4 min read · 06 May 2020

Audax-backed Aspen Surgical Products buys Precept

Aspen Surgical Products, which is backed by Audax Private Equity, has acquired Precept, a provider of disposable face masks and isolation gowns.

1 min read · 05 May 2020

North American healthcare funding up in Q1

Global healthcare VC funding had its strongest showing since Q3 2018, but deal counts continued to decline and activity in Europe and Asia also dropped dramatically.

2 min read · 04 May 2020

J. Crew files for bankruptcy, Dyal head Michael Rees speaks to benefits of GP stake funds in covid-19, life under quarantine with Palladium Equity's Adam Shebitz

The COVID-19 crisis has resulted in its first major retail bankruptcy: J. Crew.

4 min read · 04 May 2020

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