Managers
Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Lead Arranger and Joint Bookrunner on a senior secured credit facility to support the acquisition of Sila Heating & Air Conditioning, Inc by Astar Heating and Air, a Dubin Clark portfolio company.Astar Heating and Air, LLC was founded in 1976 and is headquartered in Middletown, NY. Sila Heating & Air Conditioning, Inc. was founded in 1989 and is headquartered in King of Prussia, Pensylvannia
The combined entity provides a wide range of HVAC services in the Northeast including replacement, service, and maintenance, as well as plumbing and water treatment services.
Kinderhook Industries (Kinderhook), a private equity firm specialising in middle-market control investments in the healthcare services, environmental/business services and automotive/light manufacturing sectors, has successfully completed a recapitalisation of Kinderhook Capital Fund III, a $300 million committed capital, 2009 vintage fund. AlpInvest Partners and affiliated investors (AlpInvest), a leading player in the private equity secondary market, led the transaction and is now the largest investor in the Fund.
All limited partners of the Fund were provided the option of retaining their position in the Fund or receiving full or partial liquidity. The aggregate value of the portfolio was approximately USD360 million, with
IQ-EQ has acquired Conseil Expertise & Synthese (CE&S), an independent accounting business based in Paris. This latest acquisition, the firm’s second in 2020, adds further scale and a strong client book to its French operations enabling is to offer an extensive suite of funds, corporate and private wealth services.Led by principal, Jean-Noël Servans, and three other senior partners since 2010, CE&S offers accounting, tax, payroll and corporate secretarial services to a range of fund managers, entrepreneurs, corporates, and high net worth clients. The deal will result in the creation of a 75 person strong business in France.
As the
Covid-19 has had an effect on the Chinese economy, but not on longer term trends in the Chinese private equity market, according to Ivo Naumann, Shanghai-based partner and leader of McKinsey’s private equity & principal investors practice in Greater China.
China is the third largest private capital market in the world, of which USD66 billion was invested in private equity in 2019. The country is the third largest market for private equity today, after the US and UK.
“If you look at the private equity industry in China, in many ways it’s a growth story. Looking at long term trends
Munich Private Equity Partners (MPEP) has started fundraising for its fourth private equity program, MPEP IV, which offers institutional investors the opportunity to invest in two pre-built private equity fund portfolios.
Investors receive high visibility on the manager quality and expected portfolio construction, consequently the blind pool risk typically associated with such investments is already substantially reduced. With two separate vehicles targeting fund investments in Europe and North America, investors can flexibly structure their allocation according to their regional preferences at the time of the investment.
To date, ten fund investments have already been completed all of which are at
Intertrust, a specialist in providing tech-enabled fund and corporate solutions, has reached a binding agreement to acquire the corporate services business of India-based Sameer Mittal & Associates.
Sameer Mittal & Associates, which was established in 2012, has been Intertrust’s preferred corporate services partner in the region since 2016 and currently employs approximately 50 permanent members of staff. The business provides a range of administration services dedicated to servicing multinationals, private equity and funds clients. The acquisition will enable Intertrust to provide its corporate clients with a full suite of services in India in addition to serving its global clients onshore
Addleshaw Goddard has advised artificial intelligence cardiovascular disease specialist GEN inCode UK Limited, on its GBP3 million institutional foundation fundraise from Maven Capital Partners and Downing LLP.
Thoma Bravo has completed its acquisition of Foundation Software, a leading provider of construction accounting software and payroll services for small- to mid-sized specialty contractors.
Foundation Software’s suite of pioneering solutions for the construction industry and dedication to excellent service have allowed the company to consistently grow market share and maintain a resilient customer base. Foundation Software is expected to leverage Thoma Bravo’s capital and expertise in enterprise software solutions to continue growth and pursue further innovation across the company’s platform.
“Fred and I couldn’t be more excited to chart this next phase in our company’s journey with such a
Francisco Partners and Evergreen Coast Capital (Evergreen), the private equity affiliate of Elliott Management Corporation (Elliott), have completed their acquisition of cloud services provider LogMeIn in a transaction valued at an aggregate equity valuation of approximately USD4.3 billion.
Founded in 2003, LogMeIn is a pioneer in remote work technologies and the maker of market-defining products like LastPass, GoToConnect, GoToMeeting, GoToMyPC, Rescue and its namesake LogMeIn remote access and remote management products. Today, the company’s comprehensive work-from-anywhere portfolio makes LogMeIn a preferred and trusted partner for helping millions of customers connect and collaborate from anywhere; support employees and customers from anywhere;
Affiliates of Roark Capital, an Atlanta-based private equity firm focused on investing in multi-location businesses, have invested in US Sports Camps, a US youth sports camp company, serving more than 100,000 campers annually across 1,200-plus camps in 48 states.
Founded in 1975 and headquartered in San Rafael, CA, US Sports Camps is the licensed operator of Nike Sports Camps. US Sports Camps’ offering spans 19 different physical sports, Esports, and academic programs for campers ranging from six to 18 years old. The Company partners with leading academic facilities and local coaches to operate exceptional camps, clinics, and programs for kids.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
