LPs Push on Key Person Clauses, but Concessions Lag
ILPA's latest survey shows key person provisions are the term LPs challenge most, yet they win concessions barely a third of the time.
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The Exit Is the Blueprint
Private equity firms are redesigning how they approach exits, treating the end of the hold period as a constraint that shapes every decision from day one rathe…
Sponsor-to-Sponsor Exits Dominate the UK but Hit a Decade Low in the US
Sponsors selling to each other made up 62% of UK exits this year. US sponsor-to-sponsor exits hit 94 deals in Q2, the fewest in at least a decade.
Bain Capital Ventures Closes $1.6 Billion Fund XI Above Target
The venture arm of Bain Capital raised $1.6 billion for its eleventh early-stage fund, exceeding its target to back founders in AI infrastructure, physical AI,…
Add-Ons Now Make Up 73% of Private Equity Buyouts
Platform deals, the ones that create a new standalone company, have become the rarity. Three of every four U.S. buyouts last year were additions to something a…
Bendon Acquires Hinkler's North American Business in Second Brightstar-Backed Add-On
The Brightstar Capital Partners portfolio company adds Hinkler's Kaleidoscope, Craft Maker and Piccadilly brands to broaden its children's activity and station…
Niobrara Capital Acquires MSP Corp, a Leading Canadian Managed IT Services Platform
Niobrara Capital has acquired MSP Corp, a scaled Canadian managed IT services provider, as it looks to expand across a fragmented North American market.
SCF Partners Invests in American Piping Products to Fuel Next Phase of Growth
The Houston-based energy investor has acquired the steel pipe and tube distributor to fund geographic expansion and new commercial capabilities.
GE Is Buying One of Four Jet-Engine Castings Suppliers. Its Rivals Are Building Their Own.
GE Aerospace is paying $11.75 billion for Warburg Pincus-owned CPP. Pratt & Whitney buys from CPP and is already adding its own foundry. Regulators still get a…
Periscope Equity Promotes Eric Hinkle to Partner
Hinkle joined the Chicago firm in 2017 and led its platform deals in RepTrak, CyberMaxx and Mobile Solutions.
PE Is Buying Accounting Firms, and the Profession Is Changing Shape
Grant Thornton's $55-a-share deal for CBIZ is the largest accounting merger in 25 years. Firms across the industry are splitting in two to take private-equity …
Alpine Investors Launches Eight Group Service Partners, a UK Hard Facilities Management Platform
Backed by Alpine's $4.5 billion Fund IX, Eight Group combines nine UK technical services businesses serving more than 5,000 clients and generating over £200 mi…
Take-Privates Are Back, and EA's $55 Billion Deal Just Proved It
US take-private deal value more than doubled to $242.9 billion in 2025. Electronic Arts' $55 billion buyout, the largest leveraged buyout in history, closed in…
H.I.G. Capital Forms EverRise Lift Group Through Combination of Action Elevator and All City Elevator
The new elevator service and modernization platform combines Action Elevator and All City Elevator, creating one of the largest independent elevator service pr…
First Reserve-Backed Trillium Flow Technologies to Sell Trillium Pumps US to Crane Company
Crane Company is paying approximately $240 million, about 14.6 times estimated 2026 adjusted EBITDA, for Trillium's U.S. water pump business.
The Baldwin Group to Go Private Through Majority Investment by Sequence Holdings and Dell Family Office
Shareholders will receive $32.50 in cash per share, an approximately 88% premium, in a deal worth roughly $7.7 billion in total enterprise value.
XLCS Partners Advises CID Capital on Its Investment in Kaiser Garage Doors & Gates
CID Capital's investment in the Tucson-based overhead door and gate installer is the third platform investment from the firm's latest fund.
First-Time Funds Are Starving While Mega-Funds Soak Up the Capital
The 10 largest PE funds took nearly 46% of all capital raised in 2025. First-time managers closed a record-low number of funds in the same year.
Grain Management Completes Strategic Combination Forming Rightfiber
The combination of Ritter Communications and Great Plains Communications creates one of the nation's largest privately held fiber broadband platforms across 20…
Summit Clinical Research Solutions Expands Pinnacle Site Network With Acquisition of Dallas Research Institute
The LongueVue Capital portfolio company's acquisition deepens its metabolic and liver disease expertise and expands its footprint in the Dallas-Fort Worth metr…