CD&R raises the bar with largest single-asset deal on Belron, Thoma Bravo to...
Thoma Bravo agrees to buy Bottomline Technologies.
View ArticleTen key private equity fundraising trends on track for 2022
Drivers of 2021's robust fundraising – an accelerated pace, bigger tickets, LPs pressing allocation limits and hot strategies like growth equity, tech and the energy transition – will likely also...
View ArticleBayPine, a hot new name in tech private equity, raises $1.5bn for Fund I
Primed by a vigorous deal environment, tech PE fundraising rose to dizzying heights in 2021, with 474 North American vehicles collecting an all-time high of $227bn, according to Buyouts data.
View ArticleXponance, Investcorp set $300m target for diversity-focused GP stakes fund
The vehicle was unveiled last year by the private-market affiliate of Xponance and Investcorp’s Strategic Capital Group to support diversity, equity and inclusion in the alternative asset industry.
View ArticleBlackstone targets eye-popping $150bn over next 18 months
Blackstone's assets managed are expected to hit the $1trn mark in the year ahead, chairman and CEO Stephen Schwarzman said.
View ArticleDOWNLOAD: North American fundraising soars in 2021, brings in $475bn of fresh...
Nearly $475bn of fresh capital was secured by 854 buyout, growth equity, venture capital and other PE vehicles in 2021, up 19% from $399bn raised a year earlier, according to data from affiliate title...
View ArticleTurnaround deal of the year: KPS Capital Partners and TaylorMade
TaylorMade was buried in the bunker until KPS made a brilliant sand save.
View ArticleToshiba walks from $20bn+ buyout deal, Georgian seeks $1.5bn for blind-pool...
Georgian unveils blind-pool strategy to continue investing in software assets.
View ArticleTPG-backed CLEAResult buys ChooseEV; Thoma Bravo raises $20bn-plus for Fund XV
Blackstone buys Geosyntec.
View ArticleBlackstone doubles down on tech PE deals, sets up Silicon Valley team
'Private markets will ultimately follow the lead of public markets,' says senior managing director Sachin Bavishi. 'It creates an interesting environment for us, an environment that for deploying...
View ArticleNPO software developer Yapla secures investment from Credit Agricole
Yapla, a Montréal-based payment and management software platform for non-profit organizations (NPOs), has raised an undisclosed investment from La Fabrique by CA, the startup studio of French bank...
View ArticleEnerTech Capital to manage mobility tech fund targeted at $100 mln
The Sacramento Municipal Utility District (SMUD) is looking to raise a venture capital fund to back startups developing mobility technology, according to a report by the Sacramento Business Journal....
View ArticleOxford Living acquires six Ontario seniors housing properties
Oxford Living, the Canadian seniors housing management and investment affiliate of U.S. real estate private equity firm Oxford Capital Group, has acquired six private-pay supportive living properties...
View ArticleSignal Hill backs City Wide Towing’s combination with ULS
City Wide Towing & Recovery Service Ltd, a Calgary-based provider of recovery services, has combined with ULS Maintenance & Landscaping Inc, a Rocky View, Alberta-based provider of snow and ice...
View ArticleTPG banks $14.2 bln in final close of flagship PE, healthcare funds
TPG Capital raised $14.2 billion in the final close of its eighth flagship fund and a sidecar vehicle focused on healthcare investing, two people with knowledge of the matter told Buyouts. The private...
View ArticleFlare Systems raises $1 mln in seed financing led by Luge Capital
Flare Systems, a Montréal-based dark-net intelligence platform focused on helping financial institutions prevent cyber-crimes, has raised $1 million in a seed-stage financing. The round was led by Luge...
View ArticleLuge Capital grows debut fintech fund to $85 mln, iA Financial, BDC invest
Luge Capital has raised additional resources for its debut early-stage financial technology venture capital fund, bringing it to a total size of $85 million. The new commitments came from iA Financial...
View ArticleFintech app Mylo secures $10 mln in NAventures-led financing
Mylo, a Montréal-based automated savings and investment app, has secured $10 million in financing, bringing its total funding to $14 million. The latest round was led by NAventures, the venture capital...
View ArticlePE-backed KDC/ONE acquires Benchmark Cosmetic Laboratories
Knowlton Development Corp (KDC/ONE) has acquired Benchmark Cosmetic Laboratories Inc, an Irvine, California-based custom formulator for established and emerging beauty brands. No financial terms were...
View ArticleConsumer research platform Potloc nabs $13 mln in Series A round
Potloc, a Montréal-based provider of consumer intelligence, has raised more than $13 million in a Series A financing. The round, which brings total funding to $17 million, was led by Brightspark...
View ArticleCDPQ acquires stake in Australia’s Sydney Metro for $150 mln
Other investors include MTR Corp Ltd, Marubeni Corp, Plenary Group and CIMIC Group Ltd. The post CDPQ acquires stake in Australia’s Sydney Metro for $150 mln appeared first on PE Hub.
View ArticleArdenton Capital invests in Britain’s Pebbles Care
Canadian private equity firm Ardenton Capital Corp has invested in Pebbles Care Ltd, a Leeds, U.K.-based provider of residential care homes and specialist school academies for young people. The post...
View ArticleBDC Capital invests in clothing retailer Altitude Sports
Altitude Sports, a Montréal-based online retailer specializing in urban and outdoor high-end clothing, has raised undisclosed financing led by the Growth and Transition Capital division of BDC Capital....
View ArticleBench Brewing raises $1.5 mln in mezz funding from BDC Capital
Bench Brewing Company has secured $1.5 mln in mezzanine financing from the Growth and Transition Capital division of Canada's BDC Capital. The post Bench Brewing raises $1.5 mln in mezz funding from...
View ArticleOMERS taps Blake Hutcheson to succeed Michael Latimer as CEO
OMERS said Blake Hutcheson will become the Canadian pension fund's new CEO, effective June 1, 2020, succeeding Michael Latimer, who is retiring. The post OMERS taps Blake Hutcheson to succeed Michael...
View ArticleNuvei grabs funding led by Novacap, CDPQ
Montreal-based Nuvei, a global payment technology provider, has secured C$358 million (US$270 million) in financing. The post Nuvei grabs funding led by Novacap, CDPQ appeared first on PE Hub.
View ArticleBrookfield offers to buy outstanding TerraForm stake: Reuters
Brookfield Renewable Partners said it proposed to buy the 38 percent stake in TerraForm Power it does not already own. The post Brookfield offers to buy outstanding TerraForm stake: Reuters appeared...
View ArticleWestcap funds invest in growth of Degelman Industries
Westcap's Golden Opportunities and MBO II Fund have invested in Degelman Industries, a Regina-based equipment maker for the agricultural and industrial sectors. The post Westcap funds invest in growth...
View ArticleClairvest acquires minority interest in DTG Recycle
Clairvest Group has led a US$32 million minority investment in DTG Recycle, a Mill Creek, Washington-based waste hauling and recycling company. The post Clairvest acquires minority interest in DTG...
View ArticleQuebec investors to buy Canam assets from AIP for $840 mln
Caisse de dépôt et placement du Québec, Fonds de solidarité FTQ and the Dutil family have agreed to acquire the Canadian operations and other assets of Canam Group, a Saint-Georges, Québec-based maker...
View ArticleIPC to acquire hedge fund-backed Granite Oil
Calgary-based junior oil producer Granite Oil Corp has agreed to be bought by International Petroleum Corp in a deal that values the business at C$79.7 million. The post IPC to acquire hedge...
View ArticleInstarAGF invests in Steel Reef’s buy of natural gas assets
InstarAGF Asset Management invested C$175 million in Steel Reef Infrastructure Corp's purchase of Saskatchewan-based natural gas gathering, processing and sales infrastructure assets. The post...
View ArticleCanadian private equity deal values reached $46 bln last year
Deal values in the Canadian buyout and private equity market were particularly strong in Q4 2019, with $27.4 billion invested across 136 transactions. The post Canadian private equity deal values...
View ArticleNEO enabled $1.5 bln in IPOs in 2019, including new SPAC listings
NEO Exchange facilitated more than C$1.5 billion in initial public offerings last year, including the listings of six special purpose acquisition corporations. The post NEO enabled $1.5 bln in IPOs in...
View ArticleXplornet to be acquired by Stonepeak in $2bn deal: G&M
Xplornet Communications, a Woodstock, New Brunswick-based provider of rural broadband services, has reportedly struck a deal to be acquired by Stonepeak Infrastructure Partners. The post Xplornet to be...
View ArticleBrookfield halts sale of coal port due to coronavirus: Reuters
The decision makes the Dalrymple Bay Coal Terminal the largest deal in Australia to fall victim to the volatile market conditions sparked by the epidemic. The post Brookfield halts sale of coal port...
View ArticleDye & Durham to buy MML Capital Partners-owned PIE
Dye & Durham has agreed to acquire Property Information Exchange, a UK-based provider of cloud-based real estate due diligence products. The post Dye & Durham to buy MML Capital Partners-owned...
View ArticleGP stakes investing to rise with prospect of big Democratic election win
PE firms negotiating GP stakes deals are concerned about bump-ups in top individual income and capital gains tax rates, sources told Buyouts. The post GP stakes investing to rise with prospect of big...
View ArticleArlington acquires majority stake in Everest Clinical Research
Arlington Capital Partners has made a majority investment in Everest Clinical Research Corp, a Toronto-based provider of clinical research services. The post Arlington acquires majority stake in...
View ArticleTop fundraiser Thoma Bravo bets software’s red-hot run is far from over
Orlando Bravo, Thoma Bravo’s co-founder and managing partner, tells PE Hub why 2020 was “absolutely our best year ever.” The post Top fundraiser Thoma Bravo bets software’s red-hot run is far from over...
View ArticleRedBird-backed FSG to buy Pittsburgh Penguins, Brookfield to grow ‘size and...
It looks like high-profile sports investor RedBird Capital Partners is making good on a pledge to help grow its new portfolio company Fenway Sports Group. FSG officially announced an agreement to buy...
View ArticleWomen in PE, class of 2023: Suyi Kim
Kim, global head of private equity at Canada Pension Plan Investment Board, was the 'first female private equity professional in South Korea' when she joined Carlyle in 2002. The novelty caused some...
View ArticleWomen in PE, class of 2023: Kate Wallman
Wallman's ascent to managing director at Encore Consumer Capital was fueled by her 'leading an outsized share of new deals' she says. The post Women in PE, class of 2023: Kate Wallman appeared first on...
View ArticleDeal of the Year: Thoma Bravo with Ellie Mae
Thoma Bravo earns our top prize for its sale of Ellie Mae for a cool $11bn after purchasing it for $3.7bn only 18 months earlier. The post Deal of the Year: Thoma Bravo with Ellie Mae appeared first on...
View ArticleDeal of the Year: KKR’s exit of CHI Overhead Doors
KKR does well by doing good as it shares the wealth with workers and CHI as part of its employee ownership program. The post Deal of the Year: KKR’s exit of CHI Overhead Doors appeared first on PE Hub.
View ArticleBlackstone forecasts wave of companies requiring refinancing and seeking...
Tac Opps, at home in periods of dislocation, is ready to seize on multiple deal opportunities following 'the fastest and highest rate rise in history,' global head David Blitzer says. The post...
View ArticleNFL ownership rule changes will help PE firms score more deals
Clearlake, RedBird, Arctos and Blue Owl are among the PE firms investing in teams. The post NFL ownership rule changes will help PE firms score more deals appeared first on PE Hub.
View ArticleStar tech investor Chip Schorr departs OEP to launch new firm
Schorr, who left OEP this month, is expected to remain 'an active technology investor,' sources said, with the aim of launching a new private equity firm 'in the very near future.' The post Star tech...
View ArticleWomen in PE, class of 2024: Jaime Forsyth
Starting out as an analyst at Monomoy, Forsyth has risen steadily in the ranks. She is now a partner and – at age 39 – head of the investment team. The post Women in PE, class of 2024: Jaime Forsyth...
View ArticleWomen in PE, class of 2024: Tricia Glynn
Glynn has worked in private equity for 20-plus years. Starting out in Goldman Sachs’ private equity group and at Bain Capital, she was hired by Advent in 2016. The post Women in PE, class of 2024:...
View Article