Parmenion sold to private equity house in £102m deal

Parmenion sold to private equity house in £102m deal

Parmenion has become the latest platform to be snapped up by a private equity house, with Standard Life Aberdeen announcing its £102m sale to Preservation Capital Partners. The deal is part of SLA’s plan to simplify its business and focus on its core platforms –...
VMG Partners raises $850M for new growth fund

VMG Partners raises $850M for new growth fund

Private equity firm VMG Partners announced the close of an $850 million fund, VMG Growth Fund V. This brings the San Francisco-based firm’s total assets under management to roughly $2.6 billion. Founded in 2005, VMG has backed some of the biggest CPG brands to date...