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Venture Capital News - Venture Capital News Headlines

🚨Private Equity News & Deals🚨 Something is telling me a corner has been turned. Here are a selection of the PE Deals and related news stories from across the globe. Enjoy! EQT Group to acquire GeBBS Healthcare Solutions for over $850m - Swedish private investment firm EQT has agreed to acquire a controlling stake in GeBBS, a global provider of healthcare outsourcing solutions, from ChrysCapital. While financial terms of the deal have not been disclosed, reports suggest a purchase price of over $850m. HIG and CapVest enter bidding for £900m UK pharmacy wholesaler AAH Pharmaceuticals - Private equity firms HIG and CapVest have joined the competition to acquire AAH Pharmaceuticals, the UK’s largest pharmacy wholesaler, which has been put up for sale just three years after being acquired by German PE firm AURELIUS according to a report by the Financial Times. Blackstone closing in on $13bn capture of Australian data centre operator AirTrunk - Blackstone Inc is close to finalising a deal to acquire AirTrunk, an Australian data centre operator, for over AUD20bn ($13.5m) including debt, in what would be one of the largest infrastructure transactions of the year, according to a report by Bloomberg. Bain Capital and Parthenon Capital mull selling stake in healthtech Zelis at $17bn valuation - Bain Capital and Parthenon Capital are in discussions to sell a minority stake in healthcare technology company Zelis in a deal that could value the firm at around $17bn, according to a report by Bloomberg. Vista Equity Partners, Warburg Pincus LLC to Buy Redwood Software - Private-equity firms Vista Equity Partners and Warburg Pincus are teaming up to buy Redwood Software, a maker of automation software backed by software investment firm Turn/River Capital. Financial terms of the deal haven’t been disclosed. Charlesbank Capital Partners Digital Agency Front Row - Charlesbank Capital Partners has acquired digital agency Front Row Group to capitalise on brands’ growing sway—and needs—as online sales power those brands’ growth. The investment marking an exit for Trivest Partners. TPG Buys MIRATECH From BP Energy Partners - Buyout fund manager TPG acquired Miratech, a supplier of noise- and emission-reduction equipment, investing through its Rise Climate impact strategy in a bet that demand for such products from rapidly expanding data centers will boost the business. TPG’s Rise Climate strategy bets that the noise- and emission-mitigation products maker will gain from data center expansion. There are many more items that didn’t make this post. Please add any notable mentions in comments below. Until next time people, I’m Warren Beazley (FIRP), #TheCTORecruiter #privateequitynews #pedeals #penews

◾️Here are the last 20 of the 100 largest PE deals. Nearly $1.1 trillion in transactions covered and some interesting patterns to be picked up. Once again, thank you for the contributions. Makes this just the more fulfilling to receive insights from various professionals. ◾️100/100: 81. Dynegy: Acquired for $4.7 billion in 2007 by LS Power, Blackstone, and others. Acquired by VISTRA in 2018. 82. Sky Betting & Gaming: Acquired for $4.7 billion in 2014 by CVC Capital Partners. Sold to The Stars Group in 2018. 83. Petco: Acquired for $4.6 billion in 2015 by CVC Capital Partners and CPP Investment Board. Went public in 2020. 84. KnowBe4: Acquired for $4.6 billion in 2023 by Vista Equity Partners. Investment still active. 85. Cvent: Acquired for $4.6 billion in 2023 by Blackstone. Investment still active. 86. Bausch + Lomb: Acquired for $4.5 billion in 2007 by Warburg Pincus LLC. Sold to Vale. 87. CDK Global: Acquired for $4.5 billion in 2014 by Thoma Bravo: Later sold to Brookfield Business Partners for $8.3 billion in 2022. 88. Sabre Corporation: Acquired for $4.5 billion in 2007 by TPG and Silver Lake. Went public in 2014. 89. Diversey: Acquired for $4.3 billion in 2023 by Bain Capital. Investment still active. 90. Rackspace Technology: Acquired for $4.3 billion in 2016 by Apollo Global Management, Inc. Went public in 2020. 91. Travelport: Acquired for $4.3 billion in 2006 by Blackstone, Technology Crossover Ventures, and others. Went public in 2014. 92. PanAmSat: Acquired for $4.3 billion in 2004 by KKR. Sold to Intelsat in 2006. 93. Asurion: Acquired for $4.2 billion in 2007 by Madison Dearborn Partners, LLC, Providence Equity Partners and others. Partially remains under private equity. 94. Safeway Inc: First acquired in 1986 for $4.2 billion by KKR. Went public in 1990 and was taken private again in 2014 for $9.4 billion by Cerberus Capital Management. Merged with Albertsons Companies in 2015. 95. Blackbaud: Acquired for $4.2 billion in 2023 by Clearlake Capital Group. Investment still active. 96. LeasePlan: Acquired for $4.1 billion in 2015 by TDR Capital and others. Sold to ALD Automotive for $5.3 billion in 2023. 97. Froneri: Acquired for $4.0 billion in 2016 by PAI Partners and Nestlé. Investment still active. 98. First Eagle Investment Management: Acquired for $4.0 billion in 2015 by Blackstone and Corsair. Investment still active. 99. KION Group: Acquired for $4.0 billion in 2006 by KKR and Goldman Sachs. Backers began exiting the firm in 2014; currently owned by Weichai Power. 100. Burger King: Acquired for $4.0 billion in 2010 by 3G Capital. The company IPO’d in 2012. #investmentbanking #privateequity #mergersandacquisitions #corporatedevelopment #strategy #economictrends #ceos #cfos

In Kaufman Hall's Q1 2024 report on #hospital and #healthsystem M&A activity, this quarter saw a significant uptick in the number of announced transactions (20), the highest first quarter number since Q1 2020. The report also highlights a number of continuing and emerging trends, including portfolio realignment, cross-market mergers, new partnership structures, community health systems seeking larger partners, and AMCs developing community hospital networks. #mergersandacquisitions #healthcaremergers #hospitalacquisitions https://lnkd.in/gGF9XMZC

Venture Capital News - Venture Capital News Headlines

I hear advisors and brokers LIE all the time about how easy it is to sell a business right now, that it is a seller's market. They do this to get the listing, much like a real estate agent telling a home owner they can get way more for their house than the market conditions dictate. Here's proof that it is a Buyer's market right now. KKR making moves. If you have the means (or help figuring out that you do) to buy a business, grow by acquisition, we can help. Want to get creative, and to sell your business for the best you can get right now, we can help. Stony Hill Advisors, Inc.

Here's a quick #roundup of the latest PE news in 2024: 1. Despite last year's suppressed dealmaking due to high interest rates, 2024 is off to a promising start. According to David DeVoe, CEO of DeVoe & Co., the PE sector is experiencing a resurgence, with six significant deals already announced. 2. Mariner Wealth Advisors recently acquired Confluence Financial Planning, based in Sacramento, California. This strategic move adds $360 million in assets across 285 clients to Mariner's portfolio. It's a significant addition for Mariner, already bolstered by Leonard Green & Partners since 2021. 3. Mercer Global Advisors made a notable acquisition with Denver-based Transitions Wealth Management. This addition brings in $465 million in assets and over 400 clients. Mercer's growth trajectory continues, having added a third private equity investor and a minority stake sale to Atlas Partners last year 4. Savant Wealth Management has opened its first Florida office by acquiring FirstWave Financial. With $440 million in assets under management, this acquisition is a strategic move for Savant, which completed 11 deals in 2023 and is backed by Kelso & Company 5. M Group Services, backed by PAI Partners, acquired AgilityEco, a fuel efficiency service company. Additionally, Macquarie Capital is leading a consortium to acquire Swedish IT firm Byggfakta for about $1 billio Follow us for more insights! #privateequity #privateequityfirms #sirotinventures #pitchbook

Venture Capital News - Venture Capital News Headlines

Exciting news! Innventure LLC, with Learn CW Investment Corporation, has reached a critical milestone in the journey to become a publicly traded company. “We believe this transaction will better position us to advance our current family of companies and identify new technologies that can be the foundation for future growth," said Bill Haskell, CEO of Innventure, in a recent press release. Key highlights: • U.S. Securities and Exchange Commission (SEC) has declared effective the registration statement on Form S-4 for the proposed business combination • Learn CW's extraordinary general meeting of shareholders is set for Sept. 30, 2024 • Post-closing of the Business Combination, the combined company will be renamed Innventure, Inc • Innventure, Inc is seeking to list its common stock and warrants on the Nasdaq Global Market under the ticker symbols “INV” and “INVW,” respectively Read the press release, including important disclaimers, here: https://lnkd.in/engUz-yc Stay tuned for updates as we work towards closing this transformative deal! #businesscombination #SPAC #innovation

#NYC-based Tandym Group #Acquired Kolter Solutions. Terms of the transaction were not disclosed. Tandym is backed by Mill Rock Capital, a growth and operations-oriented private investment firm that invests in well-positioned #businesses in North America, and ICG, a global alternative asset manager. Based in Maitland, Florida, Kolter is a #recruiting and staff augmentation firm specializing in Healthcare IT with an additional focus on professional IT, engineering and digital/creative #placements. The expertise, #relationships, and goodwill that Kolter has developed over its 14 years of operation will strengthen Tandym’s existing presence in the Florida market as well as its focus on #Healthcare IT. Tandym is a leading consulting, #recruitment, and workforce solutions company with offices #throughout the U.S. Named one of Inc. Magazine’s fastest #growing companies. The company serves clients across a broad range of #verticals, including healthcare, technology and #professional services (which includes accounting, financial services, HR/people & operations, and legal). Tandym Group Kolter Solutions Mill Rock Capital Chris Whalen Byrne Mulrooney To share your startup story write us on - contact@startuprise.io #tandym #acquisition #startup