piotrk

Boston growth equity firm Great Hill Partners has struck a deal to invest in Pareto Captive Services, Buyouts has learned. The agreement, which has not been formally announced, marks the conclusion of a Triple Tree-run auction for Philadelphia-based Pareto. Pareto, which helps midsize businesses mitigate employee benefit costs, was expected to command a more than […]

KKR is gearing up for a potential sale of LGC Group that is expected to value the U.K. life sciences company north of $3 billion, four people familiar with the matter said. JP Morgan has been retained for financial advice on an upcoming process, the people said. A formal auction is expected to launch after […]

Boston’s Summit Partners earlier this year invested in Pediatric Associates, Florida’s largest privately-owned primary care pediatric practice group, three sources with knowledge of the matter told Buyouts. The transaction was done outside of a formal process with no sell-side adviser engaged, one of the people said. While the structure of the transaction is unclear, the […]

PE-backed WIRB-Copernicus Group, which offers compliance- and eClinical-related services to drive efficiency in the clinical trial process, is gearing up for a sales process, according to four people familiar with the matter. WCG’s backers, Arsenal Capital and MSD Partners, have turned to Centerview Partners for financial advice, three of the people said. A process is […]

Centerbridge Partners has walked away from a potential transaction with GoHealth, which helps individuals shop for healthcare insurance, according to people familiar with the matter. A deal was expected to value Chicago’s GoHealth around or just south of $1.5 billion; however, the New York private equity firm ultimately pulled back due to issues around price, […]

Chris Whalen and Adi Pekmezovic, former executives from Gamut Capital, recently launched Mill Rock Capital Management to invest in the industrial sector. The firm this month announced the formation of the firm and its recent investment in Venture Metals and SI Metallics, which simultaneously acquired Versatile Processing Group, of Dallas, Texas. Both companies are scrap-metal […]

The heat seems to have finally affected emerging managers, who clocked in their lowest fundraising roundup total of the year. Seven emerging managers raised only $635 million from July 17 through July 30, according to Buyouts data. That is only the fifth time this year managers failed to raise at least $1 billion. Raine Partners […]

Blue Wolf Capital has acquired RHA Health Services in a deal valued at approximately $300 million, according to people familiar with the matter. The transaction provides an exit for Formation Capital and Safanad Ltd, whose Monday announcement confirmed Buyouts’ initial April report of the anticipated deal. Financial terms weren’t disclosed in the Aug. 5 release. The sale […]

For the third straight year, the Emerging Manager Report found that family offices make up the majority of capital raised by emerging managers with 18 percent—the lowest it has polled in three years. Public pensions trailed closely behind at 16 percent—the highest it has polled over the past three years. Download the Excel here: Charts […]

When thinking about the cutting edge of technology investing, perhaps automotive manufacturing isn’t the first sector that comes to mind. And yet automotive is one sector that is experiencing an overhaul of a perhaps different kind than it is used to. The sector has been the target of several software deals this year focused on […]