piotrk
Last year, Hg approached TA Associates to acquire Access Group, a U.K.-based business management software provider. TA was not interested in fully exiting the company. But the two firms hit on a novel idea that appears to be gaining popularity in today’s high-priced market. Boston-based TA chose to sell a 50 percent stake in the […]
Fundraising is a large determinant for staffing changes, and as fundraising swells firms hire people to help put more money to work. Forty percent of firms planned to add senior investment professionals to their staffs in 2019, up from the 29 percent from 2018, according to the 2019-2020 Holt-MM&K-Buyouts PE/VC Compensation Report.
As fundraising continues to trend up, so too do the salaries and bonuses of the people who are responsible for the boom. Partners and non-partners alike saw sizeable increases in salary and bonuses, continuing a trend going back to 2010, according to the 2019-2020 Holt-MM&K-Buyouts PE/VC Compensation Report.
Almost two years after emerging from Chapter 11 bankruptcy, 21st Century Oncology is evaluating a sale that could ultimately value the newly-led cancer treatment company around $1 billion, according to people familiar with the matter. Initial bids are due in the next couple of weeks for the Fort Myers, Florida, company, one of the people […]
HGGC is looking for more deals in the public market after the firm completed its third take-private in a two-year stretch. The firm closed its acquisition of publicly listed Monotype Imaging Holdings in October. The $825 million take-private of the typeface developer, which owns rights to popular fonts such as Times New Roman and Helvetica, […]
P2 Energy Solutions, backed by Advent International, is looking for a new owner in a deal that could value the company between $1.3 billion and $1.5 billion, four sources familiar with the company told Buyouts. The sale process is likely to kick off early next year, one of the sources said. William Blair will be […]
Change Healthcare is evaluating strategic options for its Connected Analytics business—which includes staff scheduling software ANSOS—as the healthcare tech giant focuses on growing its core operations, according to three sources familiar with the matter. William Blair is providing financial advice on the process, the people said. Conversations with potential buyers recently began but are in […]
KKR & Co pulled the process for Epicor Software after bids came in below expectations, sources familiar with the process told Buyouts. KKR, advised by Barclays, was expected to fetch between $4 billion and $5 billion for Epicor, Buyouts reported in August. The process, which kicked off in the summer, attracted the interest of both […]
DDS Lab, the dental lab company backed by Blue Sea Capital and China’s CITIC Capital Partners, is evaluating a sale, according to sources familiar with the situation. Moelis and Houlihan Lokey are providing financial advice on a sponsor-focused sales process, and marketing materials were recently distributed to potential bidders, the sources said. Tampa, Florida, DDS […]
Accel-KKR is looking to sell Energy Services Group (ESG), three sources familiar with the process told Buyouts. The process will kick off in 2020, one of the sources said. ESG, based out of Norwell, Massachusetts, is a software-as-a-service provider of business process solutions in the retail energy industry. The company providers SaaS tools for transaction management, […]