Intelligence
Latest
Partner Content
PARTNER CONTENT
Now is the time for private equity managers to invest in new systems. Managers can take advantage of the slower pace of transaction to set a software transition in motion. Ryan Keough, chief revenue officer at Allvue Systems, outlines the benefits of such a shift.
Can you outline the industry trends which have been driving growth and development within your firm over the past year?
Advancing private equity regulation has been contributing to the growth of our firm in the last few years. When more regulation is in place, access to data becomes more important than ever,
Intel
Bain Capital is one of several private equity firms set to bid for software and IT managed services platform provider ConnectWise, according to a report by CRN.
ConnectWise, which has more than 3,000 employees globally, was bought by private equity firm Thoma Bravo is 2019 in a deal estimated at around $1.5 billion. Six of ConnectWise’s eight board members are from Thoma Bravo.
Bain is now one of the strongest candidates lining up a potential bid for the Tampa, Florida-based company, according to multiple sources familiar with the matter.
“Bain has been very aggressive,” said one unnamed source, who valued
Intel
The Carlyle Group has dropped its long-planned investment in healthcare analytics company Cotiviti, despite having lined up $5.5 billion in debt and a $1 billion preferred stock investment for the deal, according to a report by the Financial Times.
Carlyle had reportedly sought to lower its purchase price late in the process, according to unnamed sources familiar with the matter. US private equity firm Veritas Capital – which owns Cotiviti – had hoped to sell half of the business for around $15 billion valuation.
The abandoned takeover is a set-back for the long-running private equity firm as it aims to
Intel
CVC Credit is supporting KKR’s acquisition of French insurance broker-distributor April Group with the commitment of senior credit facilities.
CVC’s Private Equity business, through CVC Capital Partners Fund VII, acquired April – which is France’s second largest insurance broker-distributor with €1.5bn premiums in 2022 – in June 2019 from its founders. Having generated strong performance, CVC announced the sale of April to KKR in November 2022.
April Group designs, distributes and manages branded insurance solutions on behalf of partner insurers, and benefits from a large network of independent retail brokers that handle customer contact and acquisitions.
CVC supported April Group’s
Intel
TOP STORY: Energy-focused private equity buyout firm NGP Energy Capital Management is considering the potential sale of two Permian basin-focused oil producers, which could realise combined proceeds in excess of $7 billion, according to a report by Reuters.
Insights Report
Private equity fundraising more than doubled in India last year. As it becomes the world’s most populous country, global private equity sees growth in supply chain manufacturing and tech.
Intel
MidOcean Partners, a New York-based alternative asset manager specialising in middle-market private equity and alternative credit investments, has closed MidOcean Partners VI, with over $1.5 billion in capital commitments, making it MidOcean’s largest fund since inception.
Intel
KKR has held the final close of European Fund VI with $8.0 billion in capital commitments, making it the firm’s largest European Private Equity fund to date, surpassing the $6.6 billion KKR raised for its predecessor vehicle in 2019.
Intel
M&G Investments, along with two other large shareholders, is to vote against a proposed private equity takeover of British events group Hyve PLC because the bid significantly undervalues the international exhibition company, according to a report by the Financial Times.
PARTNER CONTENT
A shift in economic conditions which are more conducive to new fund formations will also help support growth in the industry. Butler notes the jurisdiction is already starting to see new fund launches taking place during the first quarter of 2023.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
