Milana Vinn
The owners of the optoelectronics provider tap William Blair for an upcoming process amid the completion of two add-on acquisitions.
The Canaccord-run process comes as software assets tailored to non-profits and philanthropies grow increasingly popular among private equity firms in the post-covid world.
With the new digital-first demographic increasingly becoming a force behind the global customer base, insurance carriers have no choice but to modernize as well, TPG's Nehal Raj told PE Hub.
The firm builds out its fintech and data and analytics coverage, with more expansion plans to follow.
The process is currently in its early stages, with first-round bids for the social needs software company due a little over a week ago.
Accel-KKR backed Seequent in September 2018 and supported the company in its acquisition of Geosoft during the first 100 days of its investment.
The investment marks the fourth out of Crosspoint's $1.3bn debut tech fund, joining a portfolio that includes ExtraHop, Forescout Technologies and Cyware.
This past year has seen a boost in grants as the global pandemic and social justice issues increased the need for donations in society, according to Jason Wright of Apax.
Top candidates consistently have at least two offers in front of them – and the competition is even fiercer for diverse candidates, Heidrick and Struggles's Jonathan Goldstein tells PE Hub.
More than five-and-a-half years into its investment, Francisco has engaged Lazard to sell the price management software business.