Private Equity & Private Capital News

TPG has closed its latest growth equity vehicle, TPG Growth VI, at $4.8bn – surpassing its $4bn target – following strong demand from both existing LPs and new investors across the Middle East, Asia, and Latin America, according to a report by Bloomberg.

Global alternative investment manager Apollo announced an agreement to acquire energy efficient thermal management solutions provider Kelvion from investment firm Triton, noting the company’s positioning to address “secular megatrends” including data center cooling and green tech. Founded in 1920, Germany-based Kelvion develops and manufactures heat exchange and cooling solutions for a broad range of applications […]

General Catalyst has led a $74m funding round for Titan, a newly formed holding company aiming to acquire and modernise IT services providers by embedding artificial intelligence into their operations, according to a report by the Wall Street Journal.

Private equity investment firm Advent International has agreed to acquire Sapiens International Corporation, a global SaaS-based insurance software provider, in an all-cash deal valuing the company at approximately $2.5bn.

Das Beratungsunternehmen Rödl & Partner hat mehr als 350 Private-Equity-Gesellschaften zu ihren Investmentstrategien und Einschätzungen des Marktes in Deutschland befragt. Mittelständler stehen ganz oben auf der Targetliste.

Centerbridge Partners has agreed to acquire US-based financial software provider MeridianLink in an all-cash deal valued at $2bn, taking the Nasdaq-listed company private just four years after its IPO, according to a report by Reuters.

IK Partners has signed an agreement to invest in Francks Kylindustri Nordic provider of installation and maintenance of commercial and industrial refrigeration systems through its X Fund.

Das Geschäft ist derzeit ruhig, der deutsche Markt gilt aber als spannend. Beteiligungsmanager erklären, wie sie jetzt Einstiegschancen finden, um lukrativ anzulegen.

KKR & Co is approaching a critical juncture in its almost 10-month long takeover pursuit of UK healthcare landlord Assura, with shareholders set to decide by 12 August in whether to accept KKR’s enhanced cash offer or back a rival bid from Primary Healthcare Properties (PHP), according to a report by Bloomberg.

Pantomath Capital has appointed Kamraj Singh Negi as Managing Director and CEO (Investment Banking), marking a strategic leadership expansion to bolster its presence in India’s dynamic mid-market sector, according to a report by Business Standard.

France’s heavily-indebted private equity-owned medical laboratory groups, including EQT-owned Cerba, face mounting pressure following a government-led audit recommending profit caps and regulatory reforms to curb outsized margins in the sector, according to a report by the Financial Times.

Die Private-Equity-Gesellschaft habe Morgan Stanley mit der Prüfung eines möglichen Verkaufs beauftragt, während Rothschild & Co. die Vorbereitungen für den potenziellen Börsengang leite, so die Quellen, die aufgrund der Vertraulichkeit der Informationen anonym bleiben wollten.

Private equity managers could gain unprecedented access to US retirement savings after President Donald Trump signed an executive order on Thursday designed to expand the range of alternative assets eligible for inclusion in 401(k) plans, according to a report by Reuters.