Daily InsightsCan Warburg Pincus Make Its $1B VIP Play Another Triple Threat?Plus: We’re skeptical of PE firms’ interest in accounting firms and outline portco M&A and exits from last week.
NewsletterBain’s $3.3B Tanabe Carve-Out Rewrites Rules for Japanese PharmaPlus: We lament that LBOs may return to their debt-heavy heyday and outline portco M&A and exits from last week.
Daily InsightsDissecting Bain’s $3.2B Surgery Partners BidPlus: We wonder just how bad tariffs will be for PE and outline portco M&A and exits from last week.
Business ServicesWill HIG’s Old Playbook Work with $1B Kantar Media Carve-Out?Plus: We challenge the long-term viability of healthcare roll-up strategies and outline portco M&A and exits from last week.
Daily InsightsWas New Mountain’s $2B Access Healthcare Deal Worth the Wait?Plus: We dissect the antitrust risk of a roll-up strategy and outline portco M&A and exits from last week.
Daily InsightsCan Blackstone Continue Citrin Cooperman’s Explosive Growth?Plus: We argue why NAV loans should never finance add-ons and outline portco M&A and exits from last week.
Daily InsightsHappy New Year From Privitas!Plus: We examine operations trends from 2024, make predictions for 2025, and outline portco M&A and exits from the holiday season.
NewsletterChecking the Pulse on CVC’s $1.2B CompuGroup Medical BidPlus: We discuss David Bonderman’s legacy and outline portco M&A and exits from last week.
Daily InsightsWill General Atlantic Duplicate Duolingo’s Success with $1B LTG Deal?Plus: We wonder why sports fans play defense against private equity and outline portco M&A and exits from last week.
Daily InsightsMubadala Plans 'Long-Term Approach' for $8.7B CI FinancialPlus: We explore the link between fundraising and the rise in wealth management portcos and outline portco M&A and exits from last week.
Daily InsightsCinven Settles $1.6B Account with Grant Thornton UKPlus: We wonder why on earth PE firms would buy chain restaurants and outline portco M&A and exits from last week.
Daily InsightsKKR’s Next Chapter in EdTech: the $4.8B Instructure Take-PrivatePlus: We argue why ESG needs to remain core to operations (even during a Trump presidency) and outline portco M&A and exits from last week.
Daily InsightsEuropean Data Centers Have “PE-style Risk-Return” For BainPlus: The Buffalo Bills eyes Arctos investment, CVC joins KKR on SuperStruct, and Shore Capital and Silver Lake talk pet care.
Daily InsightsWill EQT Get Schooled on Education? Behind the $14.5B Nord Anglia DealPlus: Thoma Bravo buys Secureworks via portco Sophos, Vinted reaches $5.4B valuation, and Carlyle’s operations expertise.
Daily InsightsUnion Backlash, Regulatory Restrictions: CD&R (Finally) Seals €16B Sanofi DealPlus: Squarespace and Zuora go private, Ingram Micro goes public, and Blackstone and TPG work on a joint bid for Bausch + Lomb.
Daily InsightsApollo Shoots for the Stars with $3.6B Barnes DealPlus: Butterfly takes Duckhorn wines private, Strategic Value Partners buys Vista’s sporting goods business, and CD&R beats out PAI for a stake in Sanofi’s Opella.
Daily InsightsTPG’s $7.6B Acquisition of AT&T’s DirecTV Creates Cable GiantPlus: TPG eyes three other deals, Clearlake and Francisco Partners team up for Black Duck, and Ares bets on the Miami Dolphins.
Daily InsightsTPG Launches Wealth Management Comeback with $2B+ Shopping SpreePlus: Koch’s PE arm eyes a Forbes acquisition, Apollo mulls a $5B capital injection into Intel, and M&A slows for PE-backed companies.
Daily InsightsHellman & Friedman’s $3.3B Valuation of GMR Among Largest PE Music PlaysPlus: Vistra buys itself back from Nuveen and Avenue, KKR splits up Axel Springer, and exits will likely pick-up with Fed cut.
Daily InsightsWhy Did Vista, Blackstone Up the Price on Smartsheet to $8B?Plus: Permira closes on Squarespace, CVC loses its €16B DB Schenker deal, and interest rates show weak correlation on US buyout activity.
Daily InsightsCan GTCR’s $2.7B AssetMark Deal Weather a Wealth Management Slowdown?Plus: TPG buys Altimetrik, 26North inks its first deal, and Birch Hill bets big on Canadian pharmacies.
Daily InsightsDeutsche Bahn’s Logistics Unit Is Flailing – Can CVC’s €14B Bid Save It?Plus: Cybersecurity companies make enticing PE targets, Wynnchurch adds on Iconex’s label solutions to M2S, and the NFL accepts eight PE firms into the fold.
Daily Insights$3.8B for Vantive’s $4.5B Revenue – Behind Carlyle’s Dialysis DealPlus: PE broadens feeder firms for operating partner recruitment, Thoma Bravo exits $2.9B Trader Corp, and Grant Thornton, Evolent Healthcare, and Redwood Software seek PE buyers.
Daily InsightsCinven Sells JAGGAER to Vista, Doubles EVPlus: Recession indicators are on the rise, Apollo and EQT make sustainable investments in Europe, and Francisco Partners makes 15x its money on QGenda sale to Hearst.
Daily InsightsBehind Fuji Soft: Why KKR Keeps a Steady Hand on JapanPlus: Neuberger Berman values Nord Anglia schools at $15B, EQT eyes cybersecurity, and Apax takes a long-held asset private – three years after leading its IPO.
Daily InsightsTowerbrook Victorious in Battle with New Mountain for R1 RCMPlus: Sixth Street acquires Enstar, Apollo takes US Silica private, and PE firms hold onto tech assets for longer periods.
Daily InsightsGambler’s Fallacy? Behind Apollo’s $6.3B IGT-Everi Take-PrivatePlus: KKR buys a wealth management firm while Permira looks to sell its own, ADIA weighs a $1.1B ice cream venture, and Hamilton Lane invests in NJ-based Cosette Pharmaceuticals.
Daily InsightsKKR Cashes In on Historic Run for Japanese Chipmaker Kokusai ElectricPlus: Platinum Equity acquired aircraft landing gear manufacturer, Qatalyst Partners seeks buyer for $6.6 billion Smartsheet, and Madison Dearborn exits LinQuest.
Daily InsightsBain and Reverence Pay $4.5B to Take Envestnet PrivatePlus: Macy’s stock falls after failed PE buyout, Blackstone wins the Hipgnosis bidding war, and CD&R and Permira team up to target French cybersecurity.
Daily InsightsBain Capital Exits Varsity Brands After Six Years, Doubles EVPlus: Sanofi's $20 billion consumer business attracts flurry of PE interest, Goldman seeks higher bids for B&B Hotels, and Permira is expanding its climate investment team.
Daily InsightsCan Bain's $1.2B Bid Fix Up Aussie Auto Retailer Bapcor?Plus: PE management changes vary by sector, Andreessen Horowitz is getting into private equity, and KPS Capital Partners exits $4 billion packaging company.
Daily InsightsBain Bets on EdTech with $5.6B PowerSchool DealPlus: Bain buys Bapcor, AE Industrial Partners exits Belcan, and tech CEOs at PE-backed companies face high turnover.
Daily InsightsBehind Permira's $7B Squarespace DealPlus: Warburg Pincus and Bain Capital battle it out for PowerSchool, Thoma Bravo to sell Venafi, and TA Associates looks to exit AffiniPay after 5X'ing EBITDA.
Daily InsightsCan Private Equity Fix Peloton?Plus: Permira to acquire Squarespace for $6.6 billion, Everstone and Goldman Sachs seek exit from Omega Healthcare, and KKR inks three new buyouts in Asia.
Daily InsightsThoma Bravo Pays $5.3B All-Cash for Cybersecurity Firm DarktracePlus: GTCR to acquire AssetMark Financial for $2.7 billion, L Catterton buys KIKO Milano, and Paramount’s takeover drama continues.
Daily InsightsPermira Sells Stake in Alter Domus After 5x'ing EBITDAPlus: Summit Partners to sell men's personal care brand Dr. Squatch, Presidio changes ownership, and PE-backed exits of financial services companies are down.
Daily InsightsEndeavor Largest Take-Private Deal in 10+ YearsPlus: Paramount snubs Apollo offer, EQT acquires Avetta, and Vista buys Model N.
Daily InsightsSRS Distribution Becomes One of the Most Successful Industrial PE Deals of All-TimePlus: L Catterton hits snag in Tod’s deal, Apax looks to exit PIB Group, and Spindrift is up for sale.
Daily InsightsAdvent International Nears Deal for NuveiPlus: Platinum weighs Club Car sale, Nordstrom seeks PE buyer, and Vista looks to IPO Solera.
