Private Equity

Capitala Group: Oversubscribed Fund Closed With $1 Billion In Commitments

By Amit Chowdhry ● Yesterday at 3:25 PM

Capitala Group - a leading private markets investment firm providing capital solutions to lower middle-market companies - announced that its latest fundraise was oversubscribed with over $1 billion in commitments, including leverage and separately managed accounts.

Northleaf: C$100 Million Committed To Shared Tower

By Amit Chowdhry ● Yesterday at 3:21 PM

Northleaf Capital Partners, a leading global private markets investment firm, partnered with Shared Tower. The funds managed by Northleaf have made an initial commitment of C$100 million to accelerate Shared Tower’s vision of enhancing connectivity for Canadians under a shared infrastructure model.

LoneTree: Inaugural Fund Closed At $200 Million

By Amit Chowdhry ● Mar 12, 2025

LoneTree Capital announced the final closing of LoneTree I, its inaugural $200 million growth equity fund, bringing total assets under management of LoneTree and its affiliates to $308 million. And LoneTree I saw strong investor demand with capital commitments from a wide range of institutional investors.

Northleaf: Over $1 Billion Raised For Global Cross Capital Structure Private Credit Strategy

By Amit Chowdhry ● Mar 11, 2025

Northleaf Capital Partners - a leading global private markets investment firm - announced that it held the final closing for Northleaf Private Credit III (NPC III). In aggregate, Northleaf raised over $1 billion in capital commitments for NPC III and separately managed accounts that invest alongside the fund. The closing also included a rated note that was structured to meet the needs of insurance companies investing in the fund.

Ria Health: Growth Capital Raised To Advance Access To AUD Treatment

By Amit Chowdhry ● Mar 11, 2025

Ria Health - a leading telehealth provider of evidence-based alcohol use disorder (AUD) treatment - announced the closing of a Series B growth equity round led by Peloton Equity, with participation from existing investors including SV Health Investors, BPEA Private Equity, and SOSV.

Garnett Station Partners: Fund 5.0 Closed At $1.2 Billion

By Amit Chowdhry ● Mar 11, 2025

Garnett Station Partners, a New York-based principal investment firm, announced the closing of GSP 5.0 Fund, L.P., with a total committed capital of $1.2 billion. GSP now manages over $3.5 billion in assets. Fund 5 was significantly oversubscribed and closed at its hard cap in a four-month fundraise, with commitments from a diverse group of new and existing investors.

Blackstone: Majority Stake In CMIC Acquired

By Amit Chowdhry ● Mar 11, 2025

Blackstone announced that private equity funds managed by Blackstone have entered into a definitive agreement to acquire a majority stake in CMIC Co. CMIC Co is Japan’s leading contract research organization (CRO) that provides comprehensive end-to-end services across clinical trial phases and therapeutic areas. Blackstone will acquire a 60% stake, while CMIC HOLDINGS Co., Ltd. (CMIC HD) will retain the remaining 40% stake.

Thoma Bravo: First European Fund Closed At €1.8 Billion

By Amit Chowdhry ● Mar 10, 2025

Thoma Bravo recently announced the completion of fundraising for its first European-focused fund Thoma Bravo Europe Fund, totaling approximately €1.8 billion in capital commitments.

Pamlico Capital: Sixth Fund Closed At Hard Cap Of $1.75 Billion

By Amit Chowdhry ● Mar 10, 2025

Pamlico Capital - a leading middle-market private equity firm - announced today the closing of Pamlico Capital VI (PC VI) at the fund’s hard cap of $1.75 billion. And PC VI was significantly oversubscribed, exceeding its initial $1.5 billion target based on strong demand from both existing and new investors.

Walgreens Boots Alliance To Go Private In A Deal Valued Up To $23.7 Billion

By Amit Chowdhry ● Mar 7, 2025

Drugstore chain Walgreens Boots Alliance (WBA) announced it is going private in a $10 billion deal with private equity firm Sycamore Partners. Sycamore will pay $11.45 per share, which is a premium of 8% to the stock's closing price of $10.60 on Thursday. The total value of the deal is up to $23.7 billion. Sycamore Partners specializes in retail and consumer investments and has a track record of buying distressed retailers for profit, like Staples, Talbots, and Nine West.

Egnyte: Majority Investment Raised From GI Partners And TA

By Amit Chowdhry ● Mar 5, 2025

Egnyte, a provider of secure content collaboration and governance solutions, announced a strategic growth investment from leading investment firms GI Partners and TA Associates. This partnership will provide Egnyte with the funding and expertise needed to expand its global market presence and accelerate innovation through continued investment in research and development.