Thoma Bravo to make a significant growth investment in SMA Technologies
Software-focused buyout house Thoma Bravo has agreed to make a significant growth investment in financial services automation solutions provider SMA Technologies. SMA Technologies’ current majority investor, ParkerGale Capital, will retain a minority position in the business.The firm said the investment will enable SMA to significantly expand its offering of automation solutions for its clients while […]
Apex Group launches new DEI solution for private markets
Apex Group, a global financial services provider, has expanded its ESG Ratings & Advisory Services offering with the launch of a new diversity, equity, equality and inclusion (DEI) solution for private markets investors. Global movements such as #MeToo and Black Lives Matter have highlighted inequity in society, putting pressure on businesses and investors to accurately […]
H.I.G. Capital acquires Morningside Healthcare and Morningside Pharmaceuticals
H.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with over $50 billion of equity capital under management, is pleased to announce that its portfolio company Aspire Pharma has acquired Morningside Healthcare and Morningside Pharmaceuticals (together “Morningside” or the “Company”), a leading UK provider of niche generic and branded specialty pharmaceuticals. The financial terms […]
KKR plans infrastructure strategy for High-Net-Worth clients
KKR & Co. is seeking regulatory approval to give accredited individuals the ability invest in the private equity giant’s $49 billion infrastructure business. The entity, a holding company known as KKR Infrastructure Conglomerate or K-Infra, will allocate about 85% of assets to the firm’s global infrastructure investments, with the rest in cash and other liquid […]
Warburg Pincus is exploring $1.5 Billion sale of Wencor
Warburg Pincus is exploring a sale of Wencor Group, which designs, repairs and distributes after-market replacement components for airlines, according to people with knowledge of the matter. The private equity firm is working with an adviser to solicit interest in the Peachtree City, Georgia-based company, said the people, who asked to not be identified because […]
ECP buys into Biffa for £1.3B
Energy Capital Partners has acquired UK waste management company Biffa in a £1.3 billion deal. The Biffa Group operates across the waste management process, including surplus redistribution, recycling, treatment, energy generation, collection and disposal. Its customer base includes local governments, large corporates and SMEs, and purchasers of end-product commodities and energy. The firm has more […]
Thoma Bravo and TPG show interest in Workiva takeover
Cloud-based data platform Workiva has received takeover interest from private equity firms Thoma Bravo and TPG, Bloomberg News reported on Wednesday citing sources familiar with the matter. Private equity firms have taken several software companies including Anaplan and Zendesk Inc private this year Workiva, which currently has a market value of $3.4 billion, told Reuters […]
Bank of America invests in Coyote Ventures Fund I
Coyote Ventures, a venture firm focused on early-stage women’s health and wellness startups, has secured an LP investment from Bank of America. Bank of America is the largest institutional investor in the fund and follows previous investments from The Case for Her and Tripple Family Office. Led by General Partner Jessica Karr, Coyote Ventures has […]
Private equity funds approach Italy’s Serie A to explore media rights deal
Apax Partners, Three Hills Capital Partners, Carlyle Group and Searchlight Capital have approached Serie A expressing interest in investing in the media business of Italy’s top flight soccer league The approach by the four private equity firms comes after Serie A last year failed to reach a media rights deal worth €1.7bn with a group […]
Permira and TA Associates among bidders for Rothschild-backed A2Mac1 at $1B-$1.5B valuation
Private equity firms Permira and TA Associates are among bidders for automotive software company A2Mac1, with an expected valuation at the higher end of a range of $1 billion to $1.5 billion, Private Equity Insights reported quoting people familiar with the matter. Fellow buyout firms Astorg, Eurazeo and HG are also reportedly interested in the […]
