Michael Schoeck

LLCP sells Tropical Smoothie Cafe to Blackstone.

After covid restrictions eased, Sky Zone's gross margin expanded and as such, it could be appealing to a large-cap focused PE sponsor.

The acquisition of Fox Valley Metal-Tech, announced in March, marked ArmorWorks’ first add-on.

Blackstone posts strong first quarter earnings.

Power and utilities service providers have increasingly changed hands, with Bernhard Capital Partners, HIG Capital and Greenbelt Capital Partners recently acquiring utility EPC companies.

Waste management companies have traded at an average EBITDA multiple of 10.2x, according to Capstone Partners.

PE Hub got an exclusive look at the firm's gathering, which brought together more than 400 execs from the manager and its portfolio companies to share strategies on creating value.

'We got started with Avryo with a smaller equity check and our thesis is to invest more capital over time in partnership with Kelly (McCrann) and the team,' John Kos said.

Digging in on a handful of entities coming to market in the industrial processes and manufacturing sector; PSG Equity’s investment in an AI-powered student engagement and academic platform; EQT's deal for an enterprise data management company for the financial services market.

TerraSource Global and Shape Technologies Group are said to be in the market, as are business units of Alstom and SPX Flow, sources say.