Private Equity

Vocap Partners: Fund IV Exceeds $100 Million Target

By Amit Chowdhry ● Apr 22, 2025

Leading early-growth equity firm Vocap Partners announced it has exceeded its initial $100 million target for Vocap Fund IV. Due to continuing investor interest, the firm will accept commitments of up to $150 million.

The Vitamin Shoppe Selling For $195 Million From Kingswood And Performance Investment Partners

By Amit Chowdhry ● Apr 22, 2025

Kingswood Capital Management and Performance Investment Partners (PIP) announced that they have entered into a definitive agreement under which an affiliate will acquire The Vitamin Shoppe (a pure-play omnichannel retailer of vitamins and nutritional supplements) from Franchise Group (FRG). The deal is expected to close later in the second quarter of this year and is subject to customary closing conditions.

Cynosure | Checketts Sports Capital Formed With Initial Fund Targeting Over $1.2 Billion

By Amit Chowdhry ● Apr 21, 2025

Dave Checketts (an influential figure in global sports business) and The Cynosure Group (a diversified private investment firm founded by the Eccles family) announced the formation of Cynosure | Checketts Sports Capital, which is a new strategic collaboration dedicated to investing in high-potential sports opportunities.

Argand Partners To Buy Capezio Ballet Makers

By Amit Chowdhry ● Apr 21, 2025

Argand Partners, a New York-based middle-market private equity firm, with offices in the San Francisco Bay Area and Miami, announced the acquisition of Capezio Ballet Makers. The terms of the deal were undisclosed.

Linden: Fund VI Closed At $5.4 Billion

By Amit Chowdhry ● Apr 21, 2025

Linden Capital Partners, a Chicago-based healthcare private equity firm, announced the completion of the fundraise for its sixth buyout fund, Linden Capital Partners VI, with $5.2 billion of LP commitments and a $200 million GP commitment.

Sagard: Strategic Partnership Signed With BEX Capital

By Amit Chowdhry ● Apr 21, 2025

Sagard, an alternative asset manager with over $27 billion of assets under management, announced that it has signed a definitive agreement to acquire a strategic stake in BEX Capital, a specialized secondaries investment firm with over $2 billion of assets under management.

Bain Capital And BlueWater Marinas Buying Boathouse Marine Center

By Amit Chowdhry ● Apr 21, 2025

Bain Capital’s Real Estate team and BlueWater Marinas, led by Joe Miller and Dunston Powell, announced the acquisition of Boathouse Marine Center (BMC), a dry-stack marina in Pompano Beach, Florida. The financial terms of the private and off-market purchase were not disclosed.

MiddleGround Capital: Jonathan La Named As CFO

By Amit Chowdhry ● Apr 21, 2025

MiddleGround Capital - an operationally focused PE firm that makes control investments in North American and European-based middle-market B2B industrial and specialty distribution companies - has hired Jonathan La as Chief Financial Officer. He reports to Christopher Speight, a partner at MiddleGround’s New York office. He started the position in February 2025.

Ares Management: Acquisition Of Epika Fleet Services

By Amit Chowdhry ● Apr 21, 2025

Epika Fleet Services - a leading mobile-focused provider of preventative maintenance and repair services for commercial trucking fleets - announced that an Ares Private Equity fund has acquired a majority stake in the company. This deal provides Epika with the capital needed to support investments in the quality and buildout of its service offerings, expand its customer base in underserved geographies, and solidify the platform as a mobile-solutions provider of choice for fleet operators.

Lexington Medical: Growth Funding Secured From Ampersand Capital Partners

By Amit Chowdhry ● Apr 21, 2025

Lexington Medical, a leader in minimally invasive surgical stapling solutions, announced a strategic investment by Ampersand Capital Partners. This partnership emphasizes Ampersand's confidence in Lexington's potential to transform surgical stapling standards and positions the company for accelerated growth in product innovation, smart manufacturing, and global market expansion.

Stonepeak Buying Majority Interest In IOR

By Amit Chowdhry ● Apr 21, 2025

Stonepeak - a leading alternative investment firm specializing in infrastructure and real assets - announced that it has agreed to buy a 75% interest in IOR, a leading integrated commercial fuel and logistics provider in Australia.

Fortress Buying Retirement Rental Community The Village At Gainesville

By Amit Chowdhry ● Apr 21, 2025

Fortress Investment Group announced that funds managed by its affiliates acquired The Village at Gainesville, which is one of USA’s largest retirement rental communities, and the country’s largest mixed-acuity retirement rental community.

Morgan Stanley Investment Management: $2.3 Billion In Total Commitments Raised For Third Co-Investment Fund

By Amit Chowdhry ● Apr 17, 2025

Morgan Stanley Investment Management (MSIM), announced the final closing of North Haven Private Equity Co-Investment Opportunities Fund III LP (PECO III) oversubscribed at its hard cap with approximately $2.3 billion in total commitments.

TSG Consumer Partners: Sean Sullivan Named As Managing Director And Chief Legal Officer

By Amit Chowdhry ● Apr 17, 2025

Specialist private equity firm TSG Consumer Partners announced the appointment of Sean Sullivan as Managing Director and Chief Legal Officer, effective May 5, 2025. With this newly created role, Sullivan will oversee all legal matters and enterprise risk management at TSG and will serve as the firm’s primary liaison with outside counsel.

Crayhill Capital Management: Third Flagship Fund Closed At Over $1.3 Billion

By Amit Chowdhry ● Apr 17, 2025

Crayhill Capital Management, a $3 billion alternative asset management firm, announced the closing of Crayhill Principal Strategies Fund III with about $1.31 billion of capital commitments, including $162 million of committed co-investment capacity, surpassing its $1 billion target.

Falx Capital: Acquisition Of Pyramid Time Systems Completed

By Amit Chowdhry ● Apr 17, 2025

Pyramid Time Systems (a leader in time and attendance solutions and synchronized time systems) announced it has been acquired by a private investment group led by Falx Capital.

SK Capital Partners: John Novak Named As Head Of Business Development

By Amit Chowdhry ● Apr 17, 2025

SK Capital Partners - a private investment firm focused on the specialty materials, ingredients, and life sciences sectors - announced that John Novak has joined the firm as a Managing Director and Head of Business Development.

KKR: General David Petraeus Named As Chairman Of The Middle East

By Amit Chowdhry ● Apr 17, 2025

Global investment firm KKR announced that it is expanding its presence in the Middle East including the appointment of General David Petraeus (US Army, Ret.) as Chairman of KKR Middle East and the establishment of a dedicated investment team in the region led by Julian Barratt-Due, a Managing Director at KKR.

S&P And CME Selling OSTTRA To KKR For $3.1 Billion

By Amit Chowdhry ● Apr 16, 2025

S&P Global and CME Group announced the signing of a definitive agreement to sell OSTTRA, a provider of post-trade solutions for the global OTC market, to investment funds managed by KKR. The terms of the deal for OSTTRA equaled total enterprise value at $3.1 billion, subject to customary purchase price adjustments. This amount will be divided evenly between S&P Global and CME Group pursuant to their 50/50 joint venture.

KSL: Second Tactical Opportunities Fund Closed With $1.44 Billion In Commitments

By Amit Chowdhry ● Apr 15, 2025

Leading alternative investment firm KSL Capital Partners announced the final closing of its latest tactical opportunities fund KSL Capital Partners Tactical Opportunities II, L.P. (Tac Opps II), with total capital commitments of $1.44 billion, including contributions from the General Partner.

Intel Selling Majority Stake In Altera To Silver Lake For $4.46 Billion

By Amit Chowdhry ● Apr 14, 2025

Intel announced today that it has entered into a definitive agreement to sell 51% of its Altera business to Silver Lake. The deal values Altera at $8.75 billion and establishes Altera’s operational independence, making it the largest pure-play FPGA (field programmable gate array) semiconductor solutions company. Altera provides a scalable architecture and tool chain focused on driving growth and FPGA innovation to meet the demands and opportunities of an AI-driven market. Intel will own the remaining 49% of Altera's business.

Warburg Pincus: Martyn Curragh Named As Senior Advisor

By Amit Chowdhry ● Apr 14, 2025

Warburg Pincus, a pioneer of private equity global growth investing, announced the appointment of Martyn Curragh as a Senior Advisor working within the firm’s Technology and Services practice.

Wind Point Partners Investing Sigma Companies

By Amit Chowdhry ● Apr 14, 2025

Wind Point Partners (a Chicago-based private equity firm) has partnered with Sigma Companies International.

Blackstone Real Estate Acquiring 6 Million Sq Ft Industrial Portfolio

By Amit Chowdhry ● Apr 14, 2025

Blackstone and Crow Holdings, a leading real estate investment and development firm, announced that Core+ funds affiliated with Blackstone Real Estate have agreed to acquire a 95% stake in an industrial portfolio developed by Crow Holdings for $718 million. Crow Holdings and its partners will retain 5% ownership. And the portfolio features 25 Class A buildings totaling 6 million square feet and is located in high-barrier submarkets in Dallas and Houston, two of the top-performing U.S. logistics markets.

Broadstreet Partners: Ownership Position Acquired By Ethos Capital, BCI, And White Mountains

By Amit Chowdhry ● Apr 13, 2025

BroadStreet Partners, a leading North American insurance brokerage company, announced that an investor group led by Ethos Capital, British Columbia Investment Management Corporation (BCI), and White Mountains Insurance Group will acquire an ownership position in BroadStreet. Under the terms of the deal, Ontario Teachers’ Pension Plan will maintain a significant co-control stake and operate in partnership with the Ethos-led investor group.

OpenGate Capital To Sell Player One Amusement Group To GENDA

By Amit Chowdhry ● Apr 12, 2025

OpenGate Capital announced that it has entered into a binding agreement for the sale of Player One Amusement Group, an experiential entertainment for consumers to GENDA

Garnett Station Partners: Mike Drittel Named As Principal

By Amit Chowdhry ● Apr 11, 2025

Garnett Station Partners (a New York-based principal investment firm that manages over $3.5 billion of assets) announced that Mike Drittel has joined the firm as a Principal. And he brings over a decade of investment experience, joining GSP from General Atlantic, a leading growth equity firm.

Lincoln Financial: $825 Million Investment Raised From Bain For 9.9% Stake

By Amit Chowdhry ● Apr 11, 2025

Lincoln Financial announced an $825 million strategic growth investment from Bain Capital. Bain Capital will buy a 9.9% stake in Lincoln Financial, creating significant alignment and long-term value creation opportunities across various strategic initiatives over time, focusing on advancing Lincoln’s goal of sustained profitable growth.

Tax Protection Plus: Investment Raised From Quad-C Management

By Amit Chowdhry ● Apr 11, 2025

Quad-C Management (a leading middle-market private equity firm) announced an investment in Tax Protection Plus (TPP), a provider of post-filing tax solutions for tax professionals and taxpayers. The investment highlights Quad-C's commitment to partnering with high-quality businesses and management teams to drive growth.

OQ Chemicals Acquired By Strategic Value Partners And Blantyre Capital

By Amit Chowdhry ● Apr 11, 2025

Strategic Value Partners (a global alternative investment firm with about $22 billion of assets under management) and Blantyre Capital (a London-based investment manager with over €2.7 billion of long-term capital commitments) announced that SVP-managed funds and Blantyre-managed funds have acquired OQ Chemicals, a leading global producer and merchant of oxo chemicals. As part of the deal, OQ Chemicals will reinstate its name to OXEA, reaffirming its longstanding presence in the global chemicals industry.