Private Equity

Thoma Bravo: Over $34.4 Billion Fundraising Completed

By Amit Chowdhry ● Jun 6, 2025

Thoma Bravo announced the completion of fundraising for its buyout funds totaling over $34.4 billion in fund commitments: Thoma Bravo Fund XVI (a $24.3 billion fund), Thoma Bravo Discover Fund V (an $8.1 billion fund), and as previously announced the firm's first dedicated Europe Fund, with about €1.8 billion in capital commitments.

Peter Park: Strategic Growth Investment Raised From Great Hill

By Amit Chowdhry ● Jun 5, 2025

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, announced that it has agreed to make a majority investment in Peter Park System, a leading provider of digital parking solutions.

SurePay: Funding Raised From Carlyle And Rabo Investments

By Amit Chowdhry ● Jun 5, 2025

Carlyle Europe Technology Partners (CETP), in partnership with Rabobank’s investment arm Rabo Investments, announced a strategic growth investment in SurePay, a European leader in payment verification software.

Bernhard Capital Sets Up Utility Engineering & Consulting Platform Via TechServ Deal

By Amit Chowdhry ● Jun 5, 2025

Bernhard Capital Partners (BCP), a services and infrastructure-focused private equity management firm, announced its acquisition of TechServ, a leading utility service provider of engineering, oversight, telecommunication design, joint use and storm support services. With this investment, BCP has set up a new platform focused on utility engineering and consulting, which will be strategically positioned for supporting grid modernization and expansion efforts across the electric power and telecommunication utility sectors.

PAG: Nikhil Srivastava Named As Co-Head of Private Equity

By Amit Chowdhry ● Jun 5, 2025

PAG, a leading Asia-Pacific focused alternative investment firm, announced that Nikhil Srivastava, Partner and Head of India Private Equity, has been appointed as Co-Head of PAG’s Private Equity business, effective immediately. Srivastava will also join the firm’s Management Committee and will work alongside David Wong, Partner and Co-head of PAG Private Equity, to lead PAG’s private equity operations.

Roark Capital Investing In Dave’s Hot Chicken

By Amit Chowdhry ● Jun 4, 2025

Dave’s Hot Chicken - a company that went from a parking lot in 2017 to a global sensation and expects to end the year with over 400 restaurants across the globe - announced it has chosen an investment from Roark in a deal reportedly valued at $1 billion. Dave’s Hot Chicken has seen years of unit and sales growth and leading guest satisfaction metrics. And the company remains committed to delivering an exceptional experience for its guests, team members and its franchise partners around the globe.

Vista Equity Partners: Acquisition Of Cloud ERP Company Acumatica

By Amit Chowdhry ● Jun 4, 2025

Acumatica, a provider of cloud ERP solutions for small and mid-sized businesses, announced it has signed a definitive agreement to be acquired by Vista Equity Partners.

Partners Group: Anastasia Amoroso Named As Managing Director & Chief Investment Strategist

By Amit Chowdhry ● Jun 3, 2025

Partners Group, which is one of the largest firms in the global private markets industry, has appointed Anastasia Amoroso as Managing Director and Chief Investment Strategist for Private Wealth and Retirement.

Antares: $1.2 Billion Private Credit Continuation Vehicle Closed

By Amit Chowdhry ● Jun 3, 2025

Antares Capital and Ares Management announced the closing of Antares’ first continuation vehicle with over $1.2 billion in commitments. The deal was led by Ares Credit Secondaries funds, along with a commitment from Antares.

Five Elms Capital: $1.1 Billion Fund VI Closed For Investing In Software Companies

By Amit Chowdhry ● Jun 2, 2025

Five Elms Capital announced the October 2024 closing of Five Elms VI, with total commitments of $1.1 billion. This oversubscribed fund attracted strong participation from existing and new limited partners, significantly expanding Five Elms' global investor base.

KKR Investing $600 Million Into Manipal Group

By Amit Chowdhry ● Jun 2, 2025

KKR and Manipal Education and Medical Group (MEMG), a major diversified conglomerate in India, announced a $600 million financing arranged by KKR Capital Markets and anchored by KKR’s private credit and insurance platforms for the Manipal Group. This investment will enable the Manipal Group to accelerate its corporate expansion and growth objectives by providing flexible and structured capital matched to its long-term strategic needs.

TruTechnologies: Significant Growth Investment Raised From LLR

By Amit Chowdhry ● Jun 2, 2025

LLR Partners announced a strategic growth investment in TruTechnologies, a provider of real-time clinical trial oversight. LLR’s growth capital and value creation resources will be dedicated to helping TruTechnologies’ expansion as it transforms how pharmaceutical companies, together with clinical research organizations and research sites, oversee, monitor, and manage biological samples and study workflows throughout the clinical trial lifecycle.

Valeas Capital Buying Majority Stake In TicketManager

By Amit Chowdhry ● Jun 2, 2025

TicketManager, a leader in event ticket and guest management solutions for the corporate enterprise, announced Valeas Capital Partners (a growth-oriented private-equity firm) has acquired a majority stake in the company. Under the terms of the deal, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the company.

Quadria Capital: $1 Billion Fund III Closed To Advance Healthcare Transformation

By Amit Chowdhry ● Jun 1, 2025

Quadria Capital, an Asia-based healthcare-focused private equity firm, announced the final closing of Fund III, with total commitments of $1.07 billion, significantly exceeding its original target of $800 million.

EQT Selling Acumatica To Vista Equity Partners

By Amit Chowdhry ● May 31, 2025

EQT announced that the EQT VII fund has agreed to sell Acumatica to Vista Equity Partners. The deal marks a significant milestone in Acumatica's growth journey, following its transformation since EQT's initial investment in 2019.

Five Point Infrastructure: Jeff Eaton Named As Partner

By Amit Chowdhry ● May 29, 2025

Five Point Infrastructure (formerly known as Five Point Energy) announced that Jeff Eaton has joined the firm as a Partner, bringing decades of experience in private capital advisory, energy and infrastructure investing.

RedBird Capital Partners Buying Telegraph Media In £500 Million Deal

By Amit Chowdhry ● May 28, 2025

RedBird Capital Partners announced that it has reached an in-principle agreement to acquire The Telegraph Media Group at a total enterprise valuation of £500 million, making it the sole controlling owner. And it is the most significant investment in UK print media in a decade and unlocks a new era of growth for the 170-year-old title.

Gemspring Capital To Buy Goodyear Chemical

By Amit Chowdhry ● May 27, 2025

Gemspring Capital Management (a middle-market private equity firm) announced that an affiliate has entered into a definitive agreement to acquire The Goodyear Tire & Rubber Company's polymer chemicals business. The deal includes two operating plants located in Houston and Beaumont, Texas, and a research and development facility located in Akron, Ohio. Goodyear will retain its Chemical facilities in Niagara Falls, New York, and Bayport, Texas, and its rights to the products produced at such facilities.

EQT To Buy Seven Seas Water Group From Morgan Stanley

By Amit Chowdhry ● May 27, 2025

EQT announced that the EQT Infrastructure VI fund has agreed to acquire Seven Seas Water Group from Morgan Stanley Infrastructure Partners (MSIP).

YFM: Jamie Roberts Named As Managing Partner

By Amit Chowdhry ● May 25, 2025

YFM Equity Partners announced Jamie Roberts has been appointed as Managing Partner, with Eamon Nolan taking on a role as Head of Investor Relations & Fundraising.

Blackstone: $11.5 Billion Acquisition Of TXNM Energy

By Amit Chowdhry ● May 24, 2025

TXNM Energy announced an agreement under which Blackstone Infrastructure will acquire TXNM Energy for $61.25 per share in cash upon closing, reflecting a total enterprise value of $11.5 billion, including net debt (excluding securitization debt) and preferred stock.

Eagle Merchant Partners: Fund II Closed At $415 Million

By Amit Chowdhry ● May 24, 2025

Atlanta-based private equity firm Eagle Merchant Partners announced it closed its second fund, Eagle Merchant Partners Fund II, with $415 million in capital commitments.

PE Firm Mauloa Launches SMB Accelerator With $10+ Million Prize

By Amit Chowdhry ● May 22, 2025

Maryland-based private equity firm Mauloa announced it has introduced a first-of-its-kind accelerator program for middle market companies, where the winning company receives an investment offer of at least $10 million.

Kayne Anderson: $2.25 Billion Final Close On Energy Private Equity Fund

By Amit Chowdhry ● May 19, 2025

Kayne Anderson - which is a leading alternative investment manager - announced the final closing of Kayne Private Energy Income Fund III, L.P. (KPEIF III), with $2.25 billion in total capital commitments – significantly exceeding its $1.5 billion target.

Vistra Buying Natural Gas Assets In $1.9 Billion Deal

By Amit Chowdhry ● May 19, 2025

Vistra announced that it has executed a definitive agreement to acquire seven modern natural gas generation facilities, totaling approximately 2,600 MW of capacity, from Lotus Infrastructure Partners, as part of $1.9 billion deal.

PX3 Partners: Fund I Closed At Hard Cap Of €500 Million

By Amit Chowdhry ● May 18, 2025

PX3 Partners, a London-headquartered private equity firm, announced that it has held a final close of its inaugural PX3 Partners Fund I at its hard cap of €500 million. The successful conclusion of the fundraising brings PX3 Partners' total assets under management to €1.1 billion.

JMG Group: Investment Raised From GTCR

By Amit Chowdhry ● May 18, 2025

Private equity firm GTCR announced that it has signed a definitive agreement to buy leading UK insurance broker JMG Group in partnership with existing investor Synova LLP, a leading European mid-market investor. GTCR and Synova will collaborate to support JMG's strong management team, led by CEO Nick Houghton, which will continue to operate the business and retain substantial equity ownership.

Farmley: $42 Million Series C Raised For Healthy Snacking Brand

By Amit Chowdhry ● May 18, 2025

Farmley, a rapidly growing healthy snacking brand in India, announced that it has completed a $42 million Series C fundraise led by L Catterton. And existing shareholders such as DSG Consumer Partners also participated in the fundraise.

Fortress Investment Group Sets Up Abu Dhabi Office

By Amit Chowdhry ● May 18, 2025

Leading global investment manager Fortress Investment Group announced the opening of a new office in the Abu Dhabi Global Market (ADGM), and permission to undertake regulated activities through receipt of its Financial Services Permission from the ADGM Financial Services Regulatory Authority, marking a significant milestone in the firm’s global expansion.

Entrata: Multifamily Community OS Company Raises $200 Million At $4.3 Billion Valuation From Blackstone

By Amit Chowdhry ● May 17, 2025

Entrata, an operating system for multifamily communities, announced a $200 million minority investment from funds managed by Blackstone at a $4.3 billion valuation. This funding round comes as the company moves forward on its next chapter of growth, serving the rental housing industry through innovative technology that streamlines operations for property managers and elevates the living experience for millions of residents.