GTCR completes Cole-Parmer acquisition

GTCR said Monday that it has closed its buy of Cole-Parmer from Thermo Fisher. No financial terms were disclosed; however, Credit Suisse and Goldman Sachs provided financing for the deal. Headquartered in Vernon Hills, Illinois, Cole-Parmer is a maker of specialty laboratory equipment, instruments and supplies.


GTCR and Snow form healthcare IT startup Cedar Gate

GTCR said Thursday that it has teamed up with David Snow to launch Cedar Gate Technologies. GTCR is planning to invest up to $200 million in Cedar Gate while Snow will invest up to $20 million. Snow will serve as chairman and CEO of Cedar Gate. Headquartered in Darien, Conn., Cedar Gate will focus on buying companies and products in the healthcare information tech sector.


Sterigenics closes $826 mln buy of Nordion

Sterigenics International said Wednesday it has closed its $826 million buy of Nordion. Ottawa-based Nordion provides products and services for the health science sector. Jefferies advised Nordion, while Goldman, Sachs & Co. served as financial advisor to Sterigenics. Sterigenics is a portfolio company of GTCR.


PE-backed AssuredPartners acquires The Wright Group Services

AssuredPartners, a portfolio company of GTCR, has acquired The Wright Group Services. No financial terms were disclosed. Based in Denver, The Wright Group Services specializes in employee benefits, property and casualty insurance and retirement services.


GTCR acquires software company XIFIN

GTCR has acquired XIFIN, Inc., which provides cloud-based software and services to diagnostic service providers. As part of the deal, GTCR will partner with founder and chief executive officer Lâle White and the management team at the San Francisco-based company. GTCR made the investment from its Fund XI, which closed on $3.85 billion earlier this year.

first read April 29

peHUB First Read

Catch up on the latest after the weekend including Michigan Regents latest commitments, which fund managers are performing for Nevada, how the compensation structure of PE funds works and a look at the five phases of a GP’s life cycle.


Zayo Group files for IPO – Reuters

Fiber network company Zayo Group Holdings filed with U.S. regulators to raise up to $100 million in an initial public offering, writes Reuters. Zayo is backed by GTCR, Oak Investment Partners, M/C Partners, Columbia Capital and Charlesbank Capital Partners.

Blue Canyon Holdings announces cash offer to Cision shareholders

GTCR‘s Blue Canyon Holdings has announced a new cash offer to the shareholders of Cision. The Offer is made at the same price per share as Blue Canyon Holdings’ previous offer which expired on 22 April 2014. Blue Canyon Holdings has received a binding commitment from GTCR Fund X/A AIV LP to fund the total offer value, in the form of equity or debt, to Blue Canyon Holdings.


GTCR acquires Vocus

GTCR has acquired Vocus. Vocus is a provider of cloud-based public relations and marketing software.

Insurance broker Neace Lukens changes name

Insurance agency Neace Lukens said Tuesday that it has changed its name to Assured Neace Lukens. Headquartered in Louisville, Kentucky, Assured Neace Lukens is a portfolio company of AssuredPartners, which is owned by private equity firm GTCR.


peHUB Second Opinion

In Second Opinion, JustFab is seeking funding of $50 mln to $100 mln ahead of an IPO, Condoleezza Rice sorta talked about her appointment to Dropbox’s board and Square expects to be profitable in next year. Plus Happy Birthday, Mark Zuckerberg.

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Trending on peHUB this week: Jobs for college seniors at PE-backed companies, Munder Capital and Victory Capital merging, TIAA-CREF buying Nuveen, Pomona Capital fundraising, and more.

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