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Golub manages more than $25 bln in capital Competes with Antares and Ares in mid-market lending Dyal owns stakes in Cerberus, H.I.G., Silver Lake, Vista Golub Capital, one of the biggest middle-market lenders, is considering selling a minority stake to an outside investor, a source familiar with the process said. Golub is looking at divesting […]

Arbor Investments’ sale of Rise Baking Co is heating up. The auction is in the second round, with private equity firms and strategics vying for the Minneapolis baking company, three sources said. Final bids have not been set but are expected in early summer, one source said. Arbor has received north of 10 proposals for Rise Baking, this […]

Toronto private equity firm Area One Farms is raising two funds to expand its business of partnering with Canadian farmers, President and CEO Joelle Faulkner told Buyouts. Area One Farms Fund IV is targeting $250 million from institutions, with room to raise around $100 million more. Area One Farms Fund V is aimed at Canadian individuals and structured as a permanent-capital vehicle, with liquidity options starting in year five. It will seek $50 million to $100 million.

PE backers: Bain, J.H. Whitney Led by former PSA Healthcare and Gentiva execs Aveanna sees M&A opportunities in autism treatment Aveanna Healthcare, the pediatric-focused home-care giant formed in early 2017, had been intent on buying one particular company if and when it got the chance. That is: Premier Healthcare Services, the segment’s largest player in California. […]

KKR closed its tech growth fund in 2016 on $714 mln Team based out of Menlo Park and Europe Fund I about 70 pct committed Dave Welsh is head of TMT Growth Investing at KKR. The firm raised its debut tech-growth fund, KKR Next Generation Technology Growth Fund, in 2016 with $714 million for TMT growth equity investments […]

Evo Payments looks as if it will go public later this month, after reigniting its IPO plans in April. Evo on May 10 set terms for its pending offering. The Atlanta company is selling 14 million shares at $14 to $16 each. Evo is slated to price its IPO on May 22 and begin trading […]

Imperial Capital Group more than tripled the money it put into Dental Corp of Canada following L Catterton’s investment in the company, a person with knowledge of the matter told PE Hub Canada. Dentalcorp, Canada’s largest network of dental clinics, last week said it raised a significant investment from L Catterton. Terms weren’t disclosed. The deal generated 3.5 x Imperial’s nearly four-year investment, which translates into an IRR of 50 percent, the source said.

Seven investments grossing returns of 25 pct-plus Largest realization, in Taylor Morrison, returned $1 bln TPG marketing third RE fund with $3 bln target TPG’s private real estate arm realized more than $2.6 billion of proceeds through seven of its investments since the start of 2017, a fund presentation obtained by Buyouts shows. TPG Real Estate […]

Jean Joseph was at Goldman from 2006 to 2018 Scott Turco worked at Goldman since 2013 Firm has been raising debut BDC Owl Rock Capital Partners, launched by executives from GSO Capital and KKR, recently brought on two former Goldman Sachs executives, a spokeswoman for the firm confirmed for Buyouts. Jean Joseph, a former managing director […]

Firm: Bonaccord Capital Partners Fund: Bonaccord Capital Partners I-A Target: $1 bln Amount Raised: N/A Placement Agent: Eaton Partners Aberdeen Asset Management brought on a team from Guggenheim Partners to run a strategy buying minority stakes in alternative-asset managers. The group, Bonaccord Capital Partners, is in market targeting $1 billion for its debut fund, according […]