IK Partners, via the IK IX Fund, has made an investment in independent wealth management platform Cinerius Financial Partners (Cinerius) alongside existing investor, Summit Partners, and the Cinerius management team. 

US private equity firm Silver Lake has finally acquired a majority holding in Software AG after increasing its stake in the software development specialist to 63%, according to a report by Reuters, and will now pursue a de-listing of the company. Earlier this month, Silver Lake upped its stake to 41% after Bain Capital and Rocket Software agreed to sell their Software AG shares to the tech investment specialist.  Back in April, Silver Lake offered to buy Software AG for €30 euros per share, valuing the German software developer at €2.2 billion euros ($2.39 billion) before upping its bid to

General Atlantic (GA) a global growth equity firm, has made a $115 million investment in Author Health, a provider of comprehensive care and treatment for Medicare Advantage recipients with serious mental illness and substance use disorders. The funding will be used to help Author Health expand into new markets and secure additional partnerships with other insurance and healthcare companies. Author Health is led by CEO Dr Katherine Hobbs, a psychiatrist, former health insurance executive, and a national leader in quality and value payment for behavioural health. Dr Gary Gottlieb, a geriatric psychiatrist, professor of psychiatry at Harvard Medical School and

Private equity firm THL Partners is working with investment bank William Blair over a potential sale of healthcare software provider Nextech Systems that could value the company at around $1.5 billion, according to a report by Reuters.

An affiliate of $56 billion alternative investment firm HIG Capital (HIG), has acquired CLC Group Limited (CLC), a UK provider of property and asset refurbishment, from its owner, the Armitage Family Trust. 

Private equity firm Thompson Street Capital Partners’s portfolio company BCM One has acquired Pure IP, a global provider of cloud-based voice services via Microsoft Teams, Cisco, Webex and Zoom, the platform’s ninth add-on deal. 

Private equity-backed “take-private” deals for UK listed companies have beaten last year’s total, from 12 deals in 2021/22 to 13 in 2022/23, as funds continue to be attracted by the lower valuations on UK companies, according to data from International law firm Mayer Brown.