Private equity
Private equity news: buyouts, take-privates and exits
Every private equity and private-capital deal we have verified since 9 September, updated every morning, from leveraged buyouts and public-to-private deals to carve-outs and sponsor exits.
19PE deals, 9 Sep – 9 Oct
$39bnDisclosed value
10Take-privates
$7.7bnLargest: The Baldwin Insurance Group
Photo: Steve Morgan / Wikimedia Commons, CC BY-SA 4.0
Private equity deals by type
Take-private10Sponsors buying listed companies off the market, often at 30–40% premiums.
- Respighi BidCo (CVC, GBL) → Recordati
- CD&R and McKesson → Option Care Health
- Long Lake → American Express Global Business Travel
- Main Capital Partners → Tribal Group (business)
- Investor group led by Thomas Priore (WD Capital) → Priority Technology Holdings
- H.I.G. Capital → Mistras Group
- Brookfield Asset Management → Reliance Worldwide
- Sequence Holdings and DFO Management → The Baldwin Insurance Group
- MBK Partners → Sharingtechnology
- Accel-KKR → Eleco
Carve-out2Corporates selling non-core divisions to private equity.
Buyout3Private equity acquisitions of private companies and stakes.
PE exit3Funds selling portfolio companies to other sponsors or strategic buyers.
Asset manager M&A1Consolidation among the private-capital managers themselves.
All private equity deals
Respighi BidCo (CVC, GBL) → RecordatiTake-privateHealthcareIn reviewUndisclosedCD&R and McKesson → Option Care HealthTake-privateHealthcareAgreed$5.8bnKKR → Gen II Fund ServicesPE exitFinancials / Fund administrationAgreed$5.1bnGreenbriar Equity Group → Spectrum ControlBuyoutIndustrials / DefenceAgreedUndisclosedCarlyle → Nidec ComponentsCarve-outIndustrials / ElectronicsAgreed$650mSoftBank Group → DigitalBridge GroupAsset manager M&AFinancials / Digital infrastructureCompleted$3.1bnHarrison Street Asset Management (with Kenon Holdings) → Vicinity Energy (majority stake)PE exitEnergy / InfrastructureAgreed$2.9bnHanwha Life Insurance & Centroid Investment Partners → Acuon Group (Acuon Capital / Acuon Savings Bank)PE exitFinancialsAgreedUndisclosedLong Lake → American Express Global Business TravelTake-privateTech / Travel servicesCompleted$6.3bnMain Capital Partners → Tribal Group (business)Take-privateTechnologyIn reviewUndisclosedBlackstone → IDP EducationBuyoutEducation servicesTerminated$490mInvestor group led by Thomas Priore (WD Capital) → Priority Technology HoldingsTake-privateFinancials / PaymentsAgreed$1.6bnH.I.G. Capital → Mistras GroupTake-privateIndustrials / Testing servicesAgreed$866mClearlake Capital → Chelsea FC (Boehly and Walter stakes)BuyoutMedia / SportsAgreed$1.3bnBrookfield Asset Management → Reliance WorldwideTake-privateIndustrials / Building productsAgreed$2.9bnSequence Holdings and DFO Management → The Baldwin Insurance GroupTake-privateFinancials / Insurance brokerageAgreed$7.7bnCarolwood LP → Thryv print directories businessCarve-outMedia / PublishingAgreedUndisclosedMBK Partners → SharingtechnologyTake-privateConsumer services / InternetAnnounced$240mAccel-KKR → ElecoTake-privateTechnologyAgreedUndisclosed