Private Equity

Healthfuse: Strategic Investment Raised From InTandem Capital

By Amit Chowdhry ● Jan 22, 2025

InTandem Capital Partners, a healthcare services-focused private equity firm, announced that it has completed a strategic equity investment in Healthfuse, the industry leader in revenue cycle vendor management.

Cohere Capital: Fund II Closed With Over $215 Million And Strategic Partnership With TPG Signed

By Amit Chowdhry ● Jan 22, 2025

Cohere Capital Partners - a Boston-based private equity firm focused on investing in leading tech-enabled lower middle market companies - announced that it has closed Cohere Capital Fund II with over $215 million in commitments. And the firm has also received a strategic minority investment from TPG NEXT, TPG’s strategy focused on seeding and scaling the next generation of investment firms.

Mountaingate Capital: Fund III Closed At $570 Million Hard Cap

By Amit Chowdhry ● Jan 21, 2025

Mountaingate Capital announced that it has closed its latest founder-focused lower-middle-market private equity fund Mountaingate Capital Fund III at its hard cap with $570 million in capital commitments. This brings Mountaingate’s total assets under management (AUM) to over $1.4 billion.

AllianzGI: €1.5 Billion Raised For Secondary Private Credit

By Amit Chowdhry ● Jan 21, 2025

Allianz announced that the Allianz Private Debt Secondaries Fund (APDS) held the final close at €1.5 billion, including related transaction vehicles. And the APDS enables institutional clients to invest in secondary opportunities targeting the US, Europe, and Asia. The launch of the successor strategy is planned for the middle of this year.

Ares Management: €30 Billion Raised For European Direct Lending Strategy

By Amit Chowdhry ● Jan 21, 2025

Ares Management, a leading global alternative investment manager, announced the final closing of its sixth commingled European direct lending fund, Ares Capital Europe VI (ACE VI). And with total commitments of €17.1 billion, the fund closed above its €15 billion target and reached its hard cap. Ares believes ACE VI is the largest institutional fund in the global direct lending market based on LP equity commitments.

Blue Wolf Capital: Three New Partners And New Promotions

By Amit Chowdhry ● Jan 21, 2025

Blue Wolf Capital Partners - a middle market private equity firm specializing in the healthcare and industrial sectors - announced new Partner appointments and several other firmwide promotions.

Spindrift Sells Majority Stake To Gryphon Investors

By Amit Chowdhry ● Jan 21, 2025

Spindrift Beverage - a leading maker of sparkling water with real squeezed fruit - announced that Gryphon Investors will buy a majority stake in the company. And Gryphon’s partnership coincides with the appointment of beverage industry veteran Dave Burwick as Spindrift’s new CEO. Bill Creelman, Spindrift’s Founder and current CEO, will move to a new role as Chair of Spindrift’s board.

Bjelin Group: €200 Million Raised From Strategic Value Partners

By Amit Chowdhry ● Jan 21, 2025

Strategic Value Partners (a global alternative investment firm with approximately $19 billion of assets under management) and Bjelin Group announced the signing of an agreement where funds managed by SVP will make a €200 million preferred equity investment in Bjelin Group to facilitate its long-term growth ambitions.

Yellow Wood Partners: Kelly Downey Named As Operating Partner

By Amit Chowdhry ● Jan 21, 2025

Yellow Wood Partners, a Boston-based private equity firm specializing in investments in consumer brands and companies, announced that Kelly Downey will be an Operating Partner at the firm. Downey brings decades of expertise in driving growth and transformation within the consumer-packaged goods (CPG) industry, having held executive leadership roles across prominent global organizations.

FS Vector Buys Licensing Assets of APPROVED

By Amit Chowdhry ● Jan 20, 2025

Stone-Goff Partners (SGP) - a growth-focused private equity firm specializing in tech-enabled B2B service companies - announced that its portfolio company, FS Vector (FSV), has acquired APPROVED Licensing, which is a technology-enabled licensing platform in the financial services industry.

Barry’s: Princeton Equity Group Named As New Strategic Investment Partner

By Amit Chowdhry ● Jan 20, 2025

Boutique fitness leader Barry’s announced a new strategic investment from Princeton Equity Group, a private equity firm focused on investing in and growing franchisor and multi-location companies. Founded in 1998 by Barry Jay, John Mumford, and Rachel Coxton, Barry’s has become synonymous with premium fitness experiences.

Apollo And Standard Chartered Sign $3 Billion Financing Partnership For Global Infrastructure and Energy Transition Credit

By Amit Chowdhry ● Jan 20, 2025

Apollo and Standard Chartered announced a long-term strategic partnership to support and accelerate financing for infrastructure, clean transition, and renewable energy globally, utilizing both firms' leading origination and distribution capabilities.

DESRI Raises Minority Investment From Macquarie Asset Management

By Amit Chowdhry ● Jan 20, 2025

Macquarie Asset Management (MAM), D. E. Shaw Renewable Investments (DESRI), and the D. E. Shaw group announced that MAM has completed a previously announced significant minority investment in DESRI via several MAM-managed funds. And DESRI is a leading renewable energy company that develops, owns, and operates utility-scale solar, wind, and battery storage projects throughout the United States. The investment will enable DESRI to continue its growth.

Winged Keel Group: Strategic Investment From GTCR Raised

By Amit Chowdhry ● Jan 20, 2025

GTCR, a leading private equity firm, has agreed to invest strategically in Winged Keel Group, an independent life insurance brokerage firm specializing in inter-generational wealth accumulation and estate planning strategies. This investment comes from Winged Keel’s rapid geographic expansion and will fuel the company’s growth. At the same time, it continues to build upon its client service and technology platform, providing enhanced solutions to clients, their advisors, and Winged Keel partners.

Pelican Energy Partners Buying Lancs Industries

By Amit Chowdhry ● Jan 20, 2025

Pelican Energy Partners announced the acquisition of Lancs Industries. Based in Albuquerque, New Mexico, Lancs provides radiation containment and shielding solutions to the U.S. Department of Energy nuclear waste remediation, commercial nuclear power, U.S. Navy, National Laboratory, and pharmaceutical sectors.

Apollo To Buy Argo Infrastructure Partners, Adding $6 Billion Of Assets

By Amit Chowdhry ● Jan 17, 2025

Apollo has agreed to acquire Argo Infrastructure Partners, a leading mid-market asset manager targeting essential infrastructure assets in North America, in a stock and cash transaction. And at closing, Argo will add about $6 billion of high-quality assets to the Apollo infrastructure platform and an experienced team of more than 20 professionals focused on core and core plus infrastructure equity opportunities.

Stellex Capital Buying Electrical Services Company ICS Holding

By Amit Chowdhry ● Jan 16, 2025

Stellex Capital Management, a New York-based middle-market private equity firm, announced that it has completed an acquisition of Industrial Construction Services Holding (ICS), a leading provider of electrical services. The financial terms of the transaction were not disclosed.

Speyside Equity Advisers Completes Acquisition Of GSC Technologies

By Amit Chowdhry ● Jan 16, 2025

Speyside Equity Advisers - a private equity firm that invests in middle-market, buyout transactions in the manufacturing and value-added distribution sectors - announced that it has completed the acquisition of GSC Technologies. The deal will enable Speyside's continued investment in GSC and fuel the company's next growth phase. GSC is a leading manufacturer of plastic goods in North America.

TPG: Kathy Elsesser Named As New Independent Director

By Amit Chowdhry ● Jan 16, 2025

Global alternative asset management firm TPG announced that Kathy Elsesser has joined its Board of Directors as an independent director, effective immediately.

Roark Capital And Kohlberg Sign Strategic Partnership With GPRS

By Amit Chowdhry ● Jan 15, 2025

Roark Capital and Kohlberg announced a strategic partnership with GPRS Holdings. Kohlberg, the previous majority owner of the company, will remain a minority investor and partner with Roark to accelerate growth further. The company’s management team, led by CEO Matt Aston, will continue to lead GPRS and remain significant business owners.

Garden City Equity Invests In Commercial HVAC Solutions Company Westbrook

By Amit Chowdhry ● Jan 15, 2025

Garden City Equity - a people-first holding company partnering with exceptional founder-owned businesses - announced an investment in Westbrook Service Corporation. And Westbrook is a Florida-based commercial HVAC, electrical, and plumbing services provider.

Palm Peak Capital Acquires Pacific Shoring Products

By Amit Chowdhry ● Jan 15, 2025

Palm Peak Capital - a private equity firm that invests in lower-middle market industrial and services companies across North America - announced that it has completed its first platform investment with the acquisition of Pacific Shoring Products, a leading manufacturer of trench safety equipment. The terms of the private transaction are not disclosed.

IK Partners Promotes 3 To Partner And Opens Munich Office

By Amit Chowdhry ● Jan 15, 2025

Leading European private equity firm IK Partners announced that it has opened a new office in Munich, Germany, as part of its ongoing commitment to investing in the DACH region. The Munich office will be headed by Joachim Dettmar, Partner within IK’s Operations Team, and Adrian Tanski, who has been promoted to Partner and sits within the Partnership Fund team.

Telecom Infrastructure Partners: €560 Million In Debt Financing Secured

By Amit Chowdhry ● Jan 14, 2025

Telecom Infrastructure Partners (TIP), a global digital infrastructure investment firm, announced the closing of a €560 million debt financing. This deal represents a significant milestone for TIP, highlighting its strong credit profile, strategic vision, and ability to secure competitive financing in an evolving market.

American Industrial Partners Raises Strategic Investment From Blackstone

By Amit Chowdhry ● Jan 14, 2025

American Industrial Partners (AIP) announced a strategic minority investment from funds managed by Blackstone GP Stakes, specializing in value-added, long-term minority investments in industry-leading private equity firms.

Alphi Capital: Inaugural Fund Closed At C$295 Million

By Amit Chowdhry ● Jan 13, 2025

Alphi Capital - a lower middle-market private equity firm focused on partnering with service-based companies in Canada - announced the final closing of its debut fund, Alphi Capital I, LP with total limited partner commitments of C$295 million. This fund had strong interest from investors and significantly exceeded its C$200 million target.

Recognize Announces Majority Investment in Sprout

By Amit Chowdhry ● Jan 13, 2025

Recognize - a private equity firm focused on investing in digital services businesses - announced that it has made a majority investment in IT asset disposition (ITAD) provider Sprout. And New Capital Partners, an investor in Sprout since 2019, will continue as a minority investor.

The Vistria Group: $3 Billion In Commitments Closed For Fifth Flagship Private Equity Fund

By Amit Chowdhry ● Jan 13, 2025

The Vistria Group, LP, a middle market private investment firm seeking to deliver superior financial returns and meaningful societal impact, announced that it completed the final closing of Vistria Fund V, LP, its most significant private equity fund with $3 billion of total capital commitments. And Vistria now manages almost $16 billion across its funds and co-investment vehicles, more than doubling its AUM in just over three years.

Ascend Capital Partners Acquires Majority Stake in Unison Therapy Services

By Amit Chowdhry ● Jan 13, 2025

Ascend Capital Partners - a healthcare-focused private equity firm dedicated to improving the access, affordability, and quality of healthcare for vulnerable and underserved populations - announced that it has acquired a majority stake in Unison Therapy Services, one of the largest outsourced therapy providers for Pre-K – 12 students in school- and community-based settings.

Lion Equity Partners: Acquisition Of Global Compression Services Completed

By Amit Chowdhry ● Jan 13, 2025

Lion Equity Partners, a Denver-based private equity firm specializing in corporate carve-outs, announced it acquired Global Compression Services (GCS) from Warren Equipment Company, a Midland, Texas-based heavy equipment and services provider.