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Lightyear Rockets Past Fund V Target

November 16, 2021

Lightyear Capital has held a final close of its fifth private equity fund, Lightyear Fund V LP and Lightyear Fund V-A LP (together, Fund V), with $1.6 billion in total capital. Lightyear’s new fund is…...

Digital Specialist Beringer Closes Fourth Fund

November 11, 2021

Beringer Capital has held a final close of Beringer Capital Fund IV LP (Fund IV) with US$307 million of capital commitments. The firm’s new fund, operating as the Digital Transformation Opportunity Fund, is the largest…...

Nautic Closes its Largest Fund

November 2, 2021

Nautic Partners, an active investor in the healthcare, industrials, and services sectors, has held a final hard cap closing of Nautic Partners X LP with $3 billion of limited partner commitments. Nautic’s tenth fund is…...

Leeds Latest Fund Tops Hard Cap

November 2, 2021

Leeds Equity has held a final and above hard cap close of Leeds Equity Partners VII LP with just over $1.4 billion of capital commitments. Leeds VII had an initial target of $1 billion, which…...

New Mountain Closes Third Direct Lending Fund

October 21, 2021

New Mountain Capital has closed its latest direct lending fund, New Mountain Guardian III BDC LLC, with an above-target $1.15 billion of capital commitments. Including expected leverage, the new fund will have investable capital of…...

Manulife Closes Second Co-Investment Fund

October 14, 2021

Manulife Investment Management (Manulife) has held an above-target and oversubscribed close of Manulife Co-Investment Partners II LP with just over US$683 million in capital. The new fund’s original target was US$600 million. Fundraising for MCIP…...

Aterian Raises New Fund in Rapid Fashion

October 12, 2021

Middle market investor Aterian Investment Partners has closed its fourth fund, Aterian Investment Partners IV LP, with over $830 million of capital commitments. According to Aterian, as a result of strong support from both existing investors and a targeted group of new investors, its new…...

Alpine’s Antelope Makes First Pet Products Buy

November 23, 2021

Antelope, a new pet products platform formed in August 2021 in partnership with consumer brands entrepreneur Wendy Wen, has acquired pet treat maker Bocce’s Bakery. Bocce’s Bakery, Antelope’s first acquisition, is an all-natural, limited-ingredient pet…...

New Mountain Enters Agriscience Sector

November 19, 2021

New Mountain Capital has acquired Profile Products, a maker of specialty agriscience materials, from Incline Equity. Profile Products is a provider of mulch and additives, engineered soils, soil conditioners, turf reinforcement mats, and vegetative establishment…...

After Buy of Eight Platform, Summit Park Kicks Back Pool Side

November 11, 2021

Summit Park has acquired Ledge Lounger, a provider of in-pool furniture and accessories. Co-investing in this transaction alongside Summit Park is Digital Fuel Capital (“Digital Fuel”) and senior members of the Ledge Lounger management team…....

Monomoy Carves Out Trinity’s Highway Products Business

November 9, 2021

Publicly traded Trinity Industries has agreed to sell its highway products business for $375 million in cash to Monomoy Capital Partners. Trinity’s highway products business (THP) is a manufacturer and lessor of highway safety products, including crash cushions, end terminals, guardrails and truck-mounted attenuators (a…...

TA to Sell Power Line to Bentley Systems

November 23, 2021

TA Associates has agreed to sell Power Line Systems, a provider of software used to design overhead electric power transmission lines and structures, to publicly…...

After Nearly 5 Years, Kian Exits Westcoast Gate

November 19, 2021

Aurora Capital has acquired Westcoast Gate & Entry Systems, a provider of automated gate and security products, from Kian Capital Partners. Westcoast Gate installs, maintains,…...

Tester of Integrated Circuits Sold by Riverside Partners

November 19, 2021

Riverside Partners has sold its portfolio company, R&D Altanova, to publicly traded Advantest Corporation, a manufacturer of semiconductor test equipment. R&D Altanova manufactures consumable PCB…...

Molded Devices Continues its Acquisitive Ways

November 19, 2021

Molded Devices, a portfolio company of PNC Mezzanine Capital, has acquired Seitz, a provider of…...

Wynnchurch’s Midland Adds Century Brass

November 16, 2021

Midland Industries, a portfolio company of Wynnchurch Capital since January 2018, has acquired Century Brass…...

SRP Floats Away with Buy of Aerial Bouquets

November 9, 2021

SRP Companies, a portfolio company of Aurora Capital Partners, has acquired Aerial Bouquets. Aurora acquired SRP in September 2016. SRP is a provider of consumer…...

Audax Private Debt Backs LLR’s Buy of Genesee Scientific

October 29, 2021

Audax Private Debt was the provider of a unitranche credit…...

Abacus Backs Altus’ Dividend Recap

September 30, 2021

Altus Capital, in partnership with Abacus Finance, has completed a…...

Weinberg Acquires Drake with Northstar Backing

September 24, 2021

Weinberg Capital Group (WCG) has acquired Drake Waterfowl Systems, a…...

Abacus Backs WestView’s Recap of Invisors

September 22, 2021

Abacus Finance Group has provided senior secured credit facilities to back the minority recapitalization of Invisors by WestView Capital Partners. Atlanta-headquartered Invisors is a provider…...

Abacus Supports New WestView Platform

August 29, 2021

WestView Capital Partners has acquired Kymanox, a provider of professional services to the life sciences industry. Kymanox’s services include engineering, scientific, and regulatory compliance support…...

Tree Line Backs O2’s Buy of unWired

August 26, 2021

Tree Line Capital Partners has provided a first lien credit facility to back the buy of unWired Broadband by O2 Investment Partners. O2 partnered with…...

Bessemer’s Buy Backed by Tree Line

August 12, 2021

Bessemer Investors has acquired Legacy Restoration in partnership with the company’s founder and senior management team. Legacy Restoration is a provider of exterior restoration and remodeling services, including roofing, windows,…...

Alpine’s Ingenio Raises Equity, Tree Line Leads Refinance

August 10, 2021

Ingenio, a portfolio company of Alpine Investors, has raised $232 million of additional equity as part of a broader $462 million secondary market transaction to fund future growth of the…...

LongueVue Buys Traco with Abacus Backing

July 20, 2021

LongueVue Capital has closed the acquisition of Traco Packaging with senior debt backing from Abacus Finance Group. Traco is a manufacturer and distributor of packaging equipment and shrink wrap packaging…...

Falfurrias Stays Busy as a Bee

September 30, 2021

Falfurrias Capital Partners has closed the first platform acquisition for its fifth fund with the buy of Rice’s Honey from Mission Consumer Capital. Rice’s Honey (DBA Local Hive) contracts with local beekeepers –…...

After EBITDA Quadruple, Kian Exits Driven Lighting Group

September 24, 2021

Kian Capital Partners has sold Driven Lighting Group (DLG) to Wheel Pros, a portfolio company of Clearlake Capital. Atlanta-based DLG designs, markets and distributes performance and enthusiast automotive aftermarket lighting products – including…...

LLCP’s Newest Fund Closes First Buy

September 24, 2021

Levine Leichtman Capital Partners has acquired In-Place Machining Company (IPM) from Platte River Equity. IPM’s maintenance, repair and life-cycle services include field machining, welding, optical and laser alignment, measurement, diamond wire-cutting, and robotic…...

Advent Sells DI at Big Multiple

September 10, 2021

Advent International has agreed to sell Distribution International, one of North America’s leading mechanical insulation distributors, to publicly traded TopBuild for $1 billion in cash. Advent acquired a majority equity interest in Distribution…...

Yes, there's money in honey

Kian quadruples EBITDA, Exits Driven Lighting Group

LLCP’s Newest Fund Closes First Buy

Advent Sells DI at Big Multiple

Wind Point Continues Build of Tubing Giant

Falfurrias Stays Hot with Buy of Salsa Maker

October 5, 2021

Sauer Brands, a portfolio company of Falfurrias Capital Partners, has acquired Mateo’s Gourmet Salsa. Mateo’s all-natural line of shelf-stable salsa products – available in mild, medium and hot formats – are sold across the country through Costco, Walmart, Target, Publix,…...

Wind Point Continues Build of Tubing Giant

September 28, 2021

Nelson Global Products, a portfolio company of Wind Point Partners, has acquired Tru-Flex, a manufacturer of flexible components used in exhaust systems from HBM Holdings. Tru-Flex is a manufacturer of exhaust bellows, flexible metal hoses and other aftermarket products for…...

NewSpring Promotes Kristin Lee to Partner

November 23, 2021

O2 Continues Staffing Build

November 2, 2021

Monroe Capital Names New President

October 21, 2021

EY Names New Head of Americas Private Equity

October 19, 2021

O2 Builds Business Development Group

October 14, 2021

PPC Builds Manufactured Products Team

September 16, 2021

TGQ 9-28-21

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STRATEGIES & STUDIES

Same As It Ever Was

August 24, 2021

Private deal activity in the second quarter continued to return to congenial pre-pandemic conditions with a handful of notable permutations, according to GF Data’s just-released report. The data tracking firm’s 243 active private equity contributors…...

Rest of 2021 to See More Deals, Higher Prices

May 6, 2021

According to the latest report from BDO, private equity and venture capital fund managers are expecting the rest of 2021 to be awash with M&A activity and heavy competition. The just-published Private Capital Pulse Survey…...

Being There

April 15, 2021

By Andy Greenberg Greenberg Variations Capital and GF Data® Topic A in the M&A business – like every other business right now – is the extent to which virtual meetings and other practices of the…...

Deluge of Deals Muddies the Waters

March 26, 2021

Major deal point trends appeared to reverse in the final months of 2020 – not due to a secular change in direction, but due to the deluge of deals that closed in the fourth quarter…...

Private Equity Healthcare Deals Reach Record

March 17, 2021

Bain & Company’s latest Global Healthcare Private Equity and M&A Report – the firm’s tenth annual issue – was just released and it outlines the impacts of COVID-19 on healthcare dealmaking across regions and sectors…....

The Tide is High, But We’re Holding On

February 18, 2021

After being buffeted by two COVID-19 shocked quarters in the middle of 2020, middle-market M&A managed to ride the wave in the fourth quarter, closing with a burst of productive activity, according to GF Data’s…...

Alpine’s Antelope Makes First Pet Products Buy

November 23, 2021

Antelope, a new pet products platform formed in August 2021 in partnership with consumer brands entrepreneur Wendy Wen, has acquired pet treat maker Bocce’s Bakery…....

TA to Sell Power Line to Bentley Systems

November 23, 2021

TA Associates has agreed to sell Power Line Systems, a provider of software used to design overhead electric power transmission lines and structures, to publicly…...

Molded Devices Continues its Acquisitive Ways

November 19, 2021

Molded Devices, a portfolio company of PNC Mezzanine Capital, has acquired Seitz, a provider of plastic injection molding and assembly services. Since its founding in…...