Littlejohn Completes Continuation Fund for Commercial Building Services Firm Valcourt Group
Littlejohn Capital has closed a continuation fund to retain its stake in Valcourt Group, a leading commercial building services provider. The fund, backed by Carlyle AlpInvest as the lead investor, extends the private‑equity ownership horizon and offers liquidity to existing shareholders. The transaction positions Valcourt for continued growth amid rising demand for facility management services. Details on the fund size were not disclosed, but the move underscores confidence in the sector’s resilience.
Bain Capital to Sell Estia Health to Stonepeak
Bain Capital, which bought Australian aged‑care operator Estia Health in December 2023, announced plans to sell the business to U.S. infrastructure investor Stonepeak. The transaction is reported to be valued at roughly A$1.5 billion (about US$1.0 billion). The deal would exit Bain’s...
Advaya Capital Snaps up Movie Box Office Data Provider Comscore Movies in Carveout
Advaya Capital has completed the acquisition of Comscore Movies, the box‑office data arm of media measurement firm Comscore. The deal is structured as a carve‑out, separating the movie‑tracking business from Comscore’s broader analytics platform. While financial terms were not disclosed,...
What Kinderhook Hopes to Gain From $1.1bn Take-Private of Enhabit
Kinderhook Industries announced a $1.1 bn take‑private transaction for Enhabit, the largest remaining independent senior‑living operator in a highly fragmented market. The acquisition marks a strategic push to consolidate the sector, where larger players are rapidly absorbing smaller chains. Kinderhook plans...
Carlyle’s Ian Fujiyama Sees Attractive Opportunities in ADG Services; Rationale Behind GHO and CBC Merger
Private‑equity firm Carlyle’s senior partner Ian Fujiyama highlighted attractive investment opportunities in the administrative and data‑governance (ADG) services sector, citing strong demand for digital transformation among mid‑market firms. He also explained the strategic rationale behind the merger of health‑care operators...
Lovell Minnick-Backed Xactus Acquires
Xactus, the private‑equity‑backed fintech platform supported by Lovell Minnick, announced the acquisition of an undisclosed technology firm, which will be rebranded as XedaLink and operate as an independent subsidiary. The deal expands Xactus' portfolio into data‑integration services for wealth‑management and...
DigitalBridge to Acquire ArcLight for $1.05bn
DigitalBridge announced a definitive agreement to acquire ArcLight for a total consideration of $1.05 billion, comprising a $650 million cash payment and up to $400 million in contingent consideration. The acquisition targets ArcLight’s portfolio of edge data centers and fiber assets, which complement...
Shore Capital-Backed Ondex Automation Acquires Electrical Engineering Firm The Fitch Company
Ondex Automation, a Chicago‑based discrete and process automation integrator backed by private‑equity firm Shore Capital, announced the acquisition of The Fitch Company, a regional electrical engineering specialist. The deal, terms undisclosed, adds The Fitch’s engineering talent and client base to...
Fortress Snaps up IP Licensing Company IPValue
Fortress Investment Group announced the acquisition of IP licensing specialist IPValue. IPValue has managed the licensing of more than 20,000 technology patents across sectors such as semiconductors, artificial intelligence and communications. The deal adds a proven IP monetization platform to...
Periscope Equity Invests in Payments Tech Firm Amusement Connect
Periscope Equity has announced a new investment in payments‑technology provider Amusement Connect. As part of the deal, industry veteran John Tarpley will assume the role of chief executive officer, while Frank Licausi is named chief customer and brand officer. The...
Value Creation and Post-Deal Due Diligence More Important with Longer Hold Periods; Blackstone Injects $5 Billion Into JV with Google
Private‑equity firms are extending investment horizons, prompting advisers to stress value‑creation initiatives and rigorous post‑deal due diligence. Longer hold periods mean portfolio companies must generate sustainable growth beyond the typical three‑to‑five‑year window. Blackstone announced a $5 billion investment in a joint...
Hull Street to Acquire FirstLight USA From PSP Investments
Hull Street Capital announced the acquisition of FirstLight USA from PSP Investments, adding nearly 1,400 MW of clean generation assets in the Northeast United States. The portfolio comprises operating wind and solar facilities that deliver reliable power to regional grids. The...
Garnett Station-Backed True North Snaps up Miles Truck Services
True North, a Garnett Station‑backed platform of fleet maintenance and repair providers, announced the acquisition of Miles Truck Services. The deal expands True North's footprint into the Midwest, adding more than 30 service locations. By integrating Miles' established customer base...
QHP-Backed Lexitas Pharma Services Picks up Erie Retina Research
Lexidas Pharma Services, a QHP‑backed ophthalmology CRO, announced the acquisition of Erie Retina Research, a specialist retinal research firm. The deal adds Erie’s retina‑focused trial capabilities and an estimated $10 million in annual revenue to Lexidas’s portfolio. Backed by private‑equity firm...
Blackstone and Google to Form New Tech Company
Blackstone and Google have formed a joint venture to create a new technology company centered on sustainable infrastructure. Blackstone will provide an initial $5 billion equity commitment, while Google contributes its cloud, AI, and data‑center expertise. The partnership targets 500 MW of...