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Tech boosts healthier employee habits, productivity Evercore offers sell-side advice to Virgin Pulse IVP led $92 mln financing round in company in 2015 Virgin Pulse, the employee-health-engagement firm backed by Richard Branson’s Virgin Group and Insight Venture Partners, is exploring a sale, Buyouts has learned. Evercore is providing financial advice to Virgin Pulse, two sources said. […]

Private equity firms, investors and middle-market companies are riding high right now, with an overwhelming majority discounting the chances of a U.S. recession in the next year. But lenders should remain cautious, said David Brackett, Antares Capital’s co-CEO and a managing partner. Some 89 percent of middle-market companies and PE firms said in a survey they were […]

Kalanick’s new fund called 10100 Will invest in China and India Real estate, commerce and innovations investments Travis Kalanick, the Uber founder who was fired from the company last summer, is starting a family office and fund called 10100. The fund will focus on China and India, a note he posted on Twitter March 7 […]

Some buyout shops seem susceptible to losing talent to spinout groups. Around the time Castle Harlan said it was pulling the plug on raising Fund VI in 2015, for example, four executives from the firm, including former Co-President Howard Morgan, emerged as founders of a new New York-based buyout shop called Argand Partners. The new shop […]

Sell-side adviser: Perella Weinberg; Buy-side adviser: Jefferies Summit unloaded investment in Ability Network through $1.2 bln deal days earlier IDT, founded in Coralville, Iowa, is 2nd Iowa life sciences company to trade hands this week Danaher Corp on March 9 surfaced as the winning bidder for the highly sought after Integrated DNA Technologies. Terms weren’t disclosed, but […]

The private equity group of Brookfield Asset Management will soon launch its biggest fund yet to support an intensified global strategy that is taking dealmaking into new territory. Brookfield Capital Partners V will begin fundraising in the first half, a person with knowledge of the matter told PE Hub Canada. No decision about a target has been made, but it is expected to be larger than the previous one, the source said. Brookfield Capital Partners IV , now 80 percent invested, closed in 2016 at its US$4 billion hard cap, making it the firm’s largest PE fund to date.

Brookfield PE group said to plan biggest fund yet Fund V to begin fundraising in first half: source Fund IV closed in ’16 at $4 bln hard cap Brookfield Asset Management PE group will soon launch its biggest fund yet to support an intensified global strategy that is taking dealmaking into new territory. Brookfield Capital Partners V will begin fundraising […]

New fund could include $1 bln GP commitment Hellman & Friedman’s previous fund raised $10.9 bln Crisis-era vintage is netting a 25 pct IRR Hellman & Friedman will likely target $15 billion to $16 billion for its ninth flagship fund, according to two limited partners with knowledge of the fundraising. The GP is expected to chip […]

Company purchased for ~6x the asset’s $12 mln in 2017 Ebitda Webster owns two other healthcare staffing companies: Cirrus Medical, PharmaLogics Webster-backed BayMark last week acquired CATC, becoming largest opioid-treatment provider Webster Capital is buying its third healthcare staffing investment in just over a year. The Waltham, Massachusetts, PE firm said March 6 it purchased Emerald Health […]

Target remains TBD, says Minnesota memo Fund IX likely to receive a lot of attention from new, existing LPs Firm expected to deploy between $300 mln and $1 bln per deal Hellman & Friedman is raising a follow-up to the $10.9 billion vehicle it closed in 2014, according to Minnesota State Board of Investment documents […]