
#privateequity #pe and #venturecapital #vc news, analysis and data.
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Apposite Capital has sold its portfolio company CrestOptics to Evident. The sale is Apposite’s first exit from its Apposite Healthcare III fund.
Read more: okt.to/UpVJ3K
Searchlight Capital Partners and Fitzroy Capital have agreed to acquire Kredinor from SpareBank 1 Gruppen and Kredinorstiftelsen for undisclosed terms.
Searchlight is leading the consortium and partnering with Fitzroy.
Read more: okt.to/J3LwEy
Blackstone has agreed a $3.0bn sale of B2B events business Clarion to Informa.
Founded in 1947, Clarion operates more than 100 live events brands, including IFA Berlin, and DSEI.
Read more: okt.to/jMkA8N
KKR to acquire Gen II Fund Services from Hg and General Atlantic for $5.1bn.
Read more: okt.to/FWhikx
Kohlberg takes a majority stake in Black Bay-backed Advanced Industrial Devices, a Tulsa power controls maker.
Read more: okt.to/MbfJEG
Prelude Growth has sold its minority stake in Riverside Natural Foods, the parent company of snack brand MadeGood, to the business’s founding family.
Read more: okt.to/LJIf71
Grafine Partners has named Suzanne Flannery as managing director, head of strategic initiatives, a newly created role working across the investment, capital formation and operations teams to further institutionalize Grafine.
Read more: okt.to/uXy7qw
Hg has agreed to take a majority stake in EnterSoftone, a Greek ERP and business software provider, in a deal that values the company at around €1 billion. The transaction marks Hg’s first investment in Greece.
Read the full story here: okt.to/kvXq4Q
Presidio Investors has sold audiobook publisher Podium Entertainment to Flexpoint Ford and Shamrock Capital, with GoldState Music joining as a minority investor.
Read more: okt.to/slQyTc
Granite Creek Capital Partners has announced an undisclosed investment in tank insulation maker Climalock and will appoint Mitch Poindexter as CEO.
Read the full scoop: okt.to/VJDwmW
Bain Capital has agreed to acquire SOLitude Lake Management and its Vertex Aquatic Solutions division from Rentokil Initial for $230 million, with total estimated net cash proceeds after tax of about $180 million.
Read more: okt.to/tZeD2w
RoundTable Healthcare Partners has appointed Ed Jones as operating partner. Jones will work with RoundTable’s investment and operating teams on portfolio value creation and evaluating new investments
Read more: okt.to/CMUGng
Warburg Pincus has appointed Philip Nolan as managing director and head of US wealth within the firm’s fundraising and investor relations group.
Read the full deal: okt.to/EMyjiZ
Neuberger and KKR have agreed to acquire a significant minority stake in Datavant. New Mountain Capital, which has backed the company since 2014, will retain its control position following the transaction.
Read more: okt.to/cJIStu
Abry Partners-backed Centauri Health Solutions has acquired Benny the Benefits Navigator, a technology company that streamlines the application process for Supplemental Security Income and Social Security Disability Insurance benefits.
Read more: okt.to/pd7rAm
New Mountain Capital has agreed to make an undisclosed significant minority investment in Appleby Global Group, an offshore legal and corporate services platform, to support the firm’s growth strategy.
Learn more about the deal here: okt.to/SqaLiP
Bertram Capital has made an undisclosed investment in Starc Systems, a manufacturer of reusable temporary construction wall systems. The deal represents Bertram’s sixth platform investment in Bertram Capital V.
Read the full deal here: okt.to/iKX2TN
Genstar Capital and Aksia have made an undisclosed growth investment in Richey May, a Top 50 accounting and advisory firm.
Existing investor F3 Partners and Richey May’s management team will retain significant ownership stakes.
Read more: okt.to/vN6wle
First Reserve-backed Trillium Flow Technologies has agreed to sell its US pumps business, Trillium Pumps US, to Crane Company for approximately $240 million.
Read the full deal here: okt.to/xX4eOL
Thompson Street-backed Allyant expands with acquisition of Braille Works, a provider of accessible alternative format communications.
The deal more than doubles Allyant’s production footprint and capacity, adding a presence in Florida
Read more okt.to/U98GqM