Advent International and GS Capital Partners VI Fund, LP and certain of its affiliates have signed a definitive merger agreement to acquire TransUnion from its current stockholders, including Madison Dearborn Partners and the Pritzker family business interests. The transaction, which is expected to close late first quarter or early second

Capital Dynamics has held the final closing of Capital Dynamics Champion Ventures VII, a US-based venture program targeting top-tier US venture managers or pre-eminent international venture firms with strong US ties. The final closing of Capital Dynamics Champion Ventures VII ends a successful fundraising for CapitalDynamics’ US-based venture capital program

Middle market private equity firm Parthenon Capital Partners has held the final closing of Parthenon Investors IV (PCP IV) with USD700 million in commitments. PCP IV exceeded its initial fund target of USD600 million and hit its “hard cap” of USD700 million. “We appreciate the support we received from our

CS Strategic Partners, the exclusive dedicated secondary private equity arm of Credit Suisse, has announced the final close of its most recent fund, CS Strategic Partners V, with total capital commitments of over USS2.9 billion. Consistent with regulation, this capital includes over USS87 million committed by Credit Suisse and the

Growth equity investor Summit Partners today has established a new office in Mumbai. Summit is opening the office to increase investment activity in India and to support its North American and European-based portfolio companies with their expansion efforts the region. The office is being managed by Amit Chaturvedy, Director-India, and

Private equity firm The Gores Group has completed the acquisition of The Hay Group, one of the leading European manufacturers of high precision forged and machined components for engines, gearboxes and axles for the automotive, commercial vehicle and bearing industries. Terms of the transaction have not been disclosed. Founded in

Global alternative asset manager The Carlyle Group has received a binding irrevocable offer from Glory Ltd to purchase Talaris for an enterprise value of GBP650m.  Talaris is a global provider of cash handling equipment, servicing and software solutions and Glory is a manufacturer of money handling systems. Following consultation with

Edinburgh Research and Innovation (ERI), the University of Edinburgh’s technology transfer office, has announced a strategic alliance with MTI, the London-based venture capital fund manager which secures a GBP150 million injection to university spin out activity. Companies working through ERI, or the technology transfer offices at the University of Manchester and