TA Associates and Warburg Pincus mull $2bn Procare sale

TA Associates and Warburg Pincus mull $2bn Procare sale

Private equity firms TA Associates and Warburg Pincus are exploring a sale of portfolio company Procare Solutions, a provider of child-care management software, that could value the business at nearly $2bn, including debt, according to a report by Reuters. The report...
NYSTRS committed $400m to private debt last year

NYSTRS committed $400m to private debt last year

The New York State Teachers Retirement System (NYSTRS) committed $400m (£315.55m) to private debt funds between October and December last year. The pension fund allocated $300m to the OIC Credit Opportunities IV fund, while the remaining $100m was committed to the...
PGA Tour unveils $3bn partnership deal

PGA Tour unveils $3bn partnership deal

The PGA Tour has agreed a private equity deal worth around $3bn (£2.36bn) with a group of investors led by the Fenway Sports Group, which owns Liverpool FC. As a result, golfers who have remained loyal to the tour and rejected advances from the rival LIV Golf circuit...
H2 Equity taps £300m Fund VI to invest in Buttress Group

H2 Equity taps £300m Fund VI to invest in Buttress Group

H2 Equity Partners has invested in Northants-based Buttress Group, the company which sells, installs, services and supplies warewashing and ice making equipment and parts to the UK commercial catering market. H2 Equity Partners is currently investing its £300m Fund VI...