Private Equity

Ansley Park Capital: $200 Million In Funding Surpassed In Q1

By Amit Chowdhry ● Yesterday at 10:12 AM

Ansley Park Capital, a premier lending and specialty finance platform, announced a major milestone in its first full quarter. The company has funded $200 million across various industries, bringing the total originations to over $250 million since its inception.

Prospect Partners: Oversubscribed Fund V Closed At $225 Million Hard Cap

By Amit Chowdhry ● Oct 3, 2024

Prospect Partners, a leading pre-lower-middle market private equity firm, announced the final closing of Prospect Partners Fund V at its hard cap of $225 million. This oversubscribed Fund hit its hard cap after nine months in the market.

Thoma Bravo To Buy Majority Stake in USU Product Business

By Amit Chowdhry ● Oct 3, 2024

Leading software investment firm Thoma Bravo announced the acquisition of a majority stake in USU Product Business. Combining Thoma Bravo's extensive experience and global software investment expertise with USU's product portfolio is expected to accelerate the company's growth trajectory and enhance its ability to deliver innovative solutions to customers. And USU Product will continue to operate under the leadership of its existing management team. Benjamin Strehl, currently Co-CEO of USU Software AG, will become CEO of USU Product and Bernhard Oberschmidt will join the board of directors.

OceanSound Partners: Fund II Closed At $1.49 Billion

By Amit Chowdhry ● Oct 3, 2024

OceanSound Partners - a growth-oriented private equity firm that invests in technology and technology-enabled services companies serving government and highly regulated enterprise end markets - announced the final close of its second fund, OceanSound Partners Fund II, LP with $1.49 billion in total capital commitments.

TJC: Second Continuation Fund Of $2.1 Billion Closed

By Amit Chowdhry ● Oct 3, 2024

TJC - a middle-market private equity firm investing primarily in North American businesses - announced the closing of its second continuation fund at $2.1 billion, which will be an extension of The Resolute Fund III, L.P. and include an asset jointly owned with The Resolute Fund IV, L.P.

Surescripts Signs Strategic Partnership With TPG

By Amit Chowdhry ● Oct 3, 2024

Surescripts, the nation’s leading health information network, announced that TPG will join the ownership group as a majority investor. And TPG is investing in Surescripts through TPG Capital, the firm’s U.S. and European private equity platform.

Waud Capital Partners Buying Science Exchange To Drive Life Sciences Innovation

By Amit Chowdhry ● Oct 2, 2024

Waud Capital Partners, a growth-oriented middle-market private equity firm specializing in the software and technology and healthcare sectors, announced the acquisition of Science Exchange - which is a leading provider of life sciences procurement and supplier management SaaS solutions. This deal marks a major milestone in Science Exchange’s journey and will enhance the company’s impressive performance, growth trajectory, and software capabilities. Plus, Waud Capital’s partnership will enable the company to accelerate its mission to transform the purchasing and supplier orchestration landscape for life sciences organizations.

Hartree Partners And Sprague Closes $662.5 Million Credit Facility

By Amit Chowdhry ● Oct 2, 2024

Hartree Partners and subsidiary Sprague Operating Resources announced the closing of a $662.5 million senior secured acquisition credit facility. This three-year facility—which has two one-year extension options—was built to support Hartree’s capital expenditures, liquidity needs, and future acquisition growth.

TPG Rise Climate Buying Techem For About €6.7 Billion

By Amit Chowdhry ● Oct 2, 2024

TPG Rise Climate, a dedicated climate investing strategy of TPG’s global impact investing platform, and GIC signed a deal to acquire Techem Group. The company will be acquired from its previous majority owner Partners Group (acting on behalf of its clients and co-investors CDPQ and Ontario Teachers' Pension Plan).

Gallant Capital Partners: Fund II Closed At $406 Million

By Amit Chowdhry ● Oct 2, 2024

Los Angeles-based Gallant Capital Partners announced the final closing of Gallant Capital Partners Fund II (GCP II) at $406 million, a meaningful increase over Gallant’s first fund. Gallant was launched in 2018 and has completed over 30 transactions to date with over $1.2 billion in assets under management.

Creative Planning: Strategic Investment Raised From TPG Capital

By Amit Chowdhry ● Oct 1, 2024

Leading independent wealth management firm Creative Planning announced that TPG (a leading global alternative asset management firm) has made a substantial minority investment in the Company. TPG is investing in the business through TPG Capital, which is its U.S. and European private equity platform. The terms of the deal were not disclosed.

Morgan Stanley: 1GT Climate Private Equity Fund Closed At $750 Million

By Amit Chowdhry ● Oct 1, 2024

Morgan Stanley Investment Management (MSIM) announced a final close of the 1GT climate private equity fund (1GT) at $750 million of equity capital commitments. 1GT targets growth-oriented investments in companies in North America and Europe, aiming to collectively avoid or remove one gigaton of carbon dioxide-equivalent (CO2e) emissions from the Earth’s atmosphere from the investment date through 2050.