According to a recent survey by Grant Thornton, the majority of merger and acquisition professionals expect a surge in deal volume, especially in the technology, retail, hospitality and insurance industries. The new survey by Grant Thornton included 44 C-suite executives, 39 private equity professionals, 40 investment bankers and 40 attorneys. Eighty-five percent of these respondents […]
Archives for September 2021
Clearhaven Closes Debut Fund
Clearhaven Partners, an investor in software and technology companies, has held an oversubscribed and above target closing of its debut fund, Clearhaven Fund I LP, with $312 million of capital commitments. Clearhaven’s first fund was raised entirely during the pandemic and was fully committed within six months from its first closing. Limited partners in the […]
HarbourVest Closes Inaugural Direct Lending Fund
HarbourVest has held a final closing of HarbourVest Direct Lending Fund LP (HDL) with more than $892 million in capital commitments. The new fund was oversubscribed and closed above its original target of $600 million. Limited partners of HDL include public and private pension funds, insurance companies, endowments, family offices, and ultra-high net worth private […]
After EBITDA Quadruple, Kian Exits Driven Lighting Group
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 complete assemblies, bulbs, off-road and accent lighting – under the Morimoto, Profile Performance, GTR Lighting, Xenon Depot, S-V.4, and Acme brands. The […]
Weinberg Acquires Drake with Northstar Backing
Weinberg Capital Group (WCG) has acquired Drake Waterfowl Systems, a provider of hunting, fishing, and casual apparel used by outdoor enthusiasts. Drake was co-founded by Tate Wood and Bobby Windham Jr. in 2002 and its products are used by waterfowl hunters, deer and big game hunters, turkey hunters, freshwater anglers, and upland bird hunters. Drake’s […]
