piotrk

While large buyout funds are selling at a record 100 percent of net asset value, the average secondary market pricing through the first three quarters of 2019 stands at 93 percent of net asset value, slightly down from the 2018 total of 94 percent, according to The Triago Quarterly October 2019.

Nvision Eye Centers, a founder-owned provider of Lasik and cataract surgery, is evaluating a potential sale, according to four sources. Harris Williams has been retained to provide financial advice to the Aliso Viejo, California company, three of the sources said. It is unclear if a process has formally launched. One of the sources added that […]

Riverside Company wants to build out its education technology platform after the recent merger of OmniUpdate and Destiny Solutions. Earlier this week, Riverside acquired OmniUpdate, an internet content management system (CMS) provider for higher education clients. As part of the deal, the firm simultaneously merged OmniUpdate with Destiny Solutions, a provider of student lifecycle management […]

Despite more emerging managers bringing funds to market, fundraising brought in its third lowest amount of the year. Eleven fund managers raised more than $771 million from Oct. 9 through Oct. 22, according to Buyouts data. Year to date, new managers have raised a combined $45.1 billion, according to Buyouts. BlackFin Capital Partners raked in […]

Quilvest Private Equity is weighing options for Command Alkon, a construction software and supply chain provider, three sources familiar with the process told Buyouts. William Blair will be advising Command Alkon on the potential sale, the people said. Quilvest Private Equity, the PE arm of global asset manager Quilvest Group, may kick off the sale […]

Frazier Healthcare Partners hired Norwest Equity Partners’ Christina Miller Reszka and promoted two members of the Seattle firm’s investment team, Buyouts has learned. Reszka joined Frazier as a principal within its growth buyout practice, according to a source. Frazier’s second pool of capital focused exclusively on growth buyouts, Frazier Healthcare Growth Buyout Fund IX, raised $780 […]

FFL Partners has kicked off a sales process for EyeCare Partners, a hybrid optometry and ophthalmology provider, according to several sources familiar with the matter.  The St. Louis vision care company expects to field initial bids over the next couple weeks, with a deal likely to be signed by mid- to late-December, two of the […]

Ohio Police & Fire Pension Fund approved the creation of a private equity co-investment program at its Oct. 23 meeting, according to the system’s director of communications, David Graham. The program, which would also pursue private debt opportunities, would “create an efficient, workable process and structure” for private equity, investment notes showed. “Co-investments can average […]

TPG Capital is investing in Kelsey-Seybold Clinic, a doctor-owned integrated healthcare organization in the greater Houston area, according to three sources familiar with the matter. The private equity firm, based in Fort Worth, Texas, and San Francisco, has agreed to make a minority investment in the medical group, two of the sources said. Kelsey-Seybold’s physician-owners […]

Astorg has joined eResearchTechnology’s existing investor base in a transaction valuing the fast-growing clinical trial technology company at approximately $3.8 billion, Buyouts has learned. The Paris buyout firm joins Nordic Capital and Novo Holdings A/S, both of which have stayed on as investors in Philadelphia, Pennsylvania-based ERT, alongside management. Nordic, which initially invested through Fund VIII, […]