Private Equity 3d Briefing
×Deals & Transactions
Waterland Private Equity pe-insights.com has acquired a majority stake in Palletways, expanding its logistics portfolio. Blackstone Energy Transition Partners pehub.com has become the majority owner of Mac Lean Power Systems and Power Grid Components following a merger. Springcoast pehub.com led a $180 million investment in Cart.com, a commerce and logistics firm.
SeaFort Capital pehub.com acquired a majority stake in doors supplier Allmar, with Roynat Equity Partners co-investing. Lee Equity pehub.com acquired consulting firm KCIC. Braemont-backed Royal Cup pehub.com will be taken private by.
Private Equity Investments
Fulcrum Capital Partners pehub.com invested in Glass Masters Autoglass. Trive pehub.com invested in women’s apparel firm Adrianna Papell. Gemspring pehub.com invested in aerospace and defense supply chain firm Aeromed.
Kyip Capital pehub.com invested in Chiron to develop an outpatient diagnostics platform. Gryphon Investors pehub.com backed HR tech firm HRSoft. Resurgens pehub.com backed vacation rental operations platform Breezeway.
Fundraising & M&A
Charterhouse pe-insights.com secured a $1.1 billion first close for its new European mid-market fund. Carlyle secondariesinvestor.com is seeking to raise $60 billion as part of a fundraising cycle. Ares Management pe-insights.com closed an $850 million continuation fund.
TDR Capital pehub.com backed David Lloyd Leisure’s acquisition of Aspria. Thoma Bravo pehub.com will acquire logistics firm WWEX Group. Lone Star pehub.com completed the sale of SPX Flow to ITT for over $4.7 billion.
Sector Activity
Blackstone pe-insights.com proposed a $2.5 billion investment in a potential $4 billion New World transaction. KCP pehub.com agreed to buy luxury motor yachts brand Sunseeker. Bain Capital pe-insights.com agreed to acquire a majority stake in Tingstad.
Warburg Pincus pe-insights.com is preparing to invest up to $1 billion in Global Eggs. Gryphon-backed Southern Home Services pehub.com acquired Dunn’s HVAC, Plumbing & Electrical. New State pehub.com acquired Vast Coworking Group.
Secondaries & Continuation Funds
Hamilton Lane pe-insights.com and Ardian backed Latour’s first continuation fund. Coller Capital pe-insights.com partnered with Mediobanca to expand evergreen secondaries access in Italy.
AI & Tech
Accel-KKR pehub.com invested in fleet maintenance software firm Whip Around. Kohlberg-backed Riveron pehub.com invested in AI and data tech firm Cuesta Partners. TGP pehub.com invested $250 million in social care tech platform Findhelp.
People & Strategy
Oakley Capital pehub.com made a series of promotions, including four new partners. Littlejohn pehub.com tapped Shant Mardirossian as managing director and COO. Brookfield’s pehub.com David Nowak emphasizes operational improvements within portfolio companies.
Other Deals
Jacmel-backed VTG pehub.com acquired Vector Tech Group. Boyne Capital pehub.com sold McKee Utility Contractors to Mastec Inc. American Securities pehub.com will sell manufacturers CPM Holdings and MW Components to Rosebank Industries.
Market Insights
LPs secondariesinvestor.com are not waiting on the promise of distributions. Carlyle's Steve Wise pehub.com says the market is open for bigger, higher-quality businesses. BCP pehub.com sold United Utility Services to Sandbrook.