NEWSLETTER

September 1, 2023

LATEST NEWS

TA Associates and Warburg Pincus mull $2bn Procare sale

Fri | 01 September 23
11:39 am

Private equity firms TA Associates and Warburg Pincus are exploring a sale of portfolio company Procare Solutions, a provider of child-care management software, that could value the business at nearly $2bn, including debt, according to a report by Reuters.

Barclays allocates cash for private debt initiative

Fri | 01 September 23
11:38 am

Barclays is planning a push into the $1.5tn private debt market and has allocated cash from its balance sheet to hold corporate loans and allow it to compete directly with private credit funds, according to a report by Bloomberg.

HDFC targeting $2bn for private credit fund

Fri | 01 September 23
11:37 am

HDFC Capital Advisors, a division of India’s biggest bank HDFC Bank, is looking to raise up to $2bn for a new private credit fund that will focus on deals in the real estate sector, according to a report by Bloomberg.

HIG Capital sells minority Eletromidia stake to Grupo Globo

Fri | 01 September 23
11:35 am

HIG Capital (HIG), a global alternative investment firm with $58bn of capital under management, has sold a portion of its stake in Eletromidia, a Brazil-based out-of-home (OOH) media company, to Latin American media conglomerate Grupo Globo (Globo).

Alvarez & Marsal Capital to open new Florida office

Fri | 01 September 23
11:33 am

Private equity firm Alvarez & Marsal Capital has joined the growing number of private equity and hedge fund firms succumbing to the lure of the Sunshine State with plans to open a new office in West Palm Beach, according to

Clearlake’s Discovery Education to acquire PE-backed DreamBox Learning

Fri | 01 September 23
11:32 am

Discovery Education, a global education technology company backed by Clearlake Capital Group, has agreed to acquire DreamBox Learning, an education technology provider serving more than six million students and 600,000 educators in the US.

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H1 Review: Private equity pivots in a trying economy

Private Equity Wire’s H1 update looks back at the challenges faced through the first two quarters of a turbulent year, examines strategies employed to stay resilient, and looks ahead at the outlook for the second half – including both GP

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