GTCR Nears $1.2bn Deal to Buy Warburg’s Experity

GTCR Nears $1.2bn Deal to Buy Warburg’s Experity

by | Jan 13, 2022 | News

Private equity firm GTCR is nearing a deal to buy Warburg Pincus’s health-care IT firm Experity Inc. for about $1.2bn, according to people with knowledge of the matter. Experity, which provides software to urgent care practices and doctors’ offices, drew interest from...
Westcap Announces Final Close of $285m for Fund III

Westcap Announces Final Close of $285m for Fund III

by | Jan 13, 2022 | News

Westcap is pleased to announce the final close of Westcap MBO III Investment LP of $285m. Upon its launch in spring 2021, Fund III targeted a minimum raise of $150m which represented an increase from previous Funds in the series. The large demand in subscriptions...
Recognize Partners Raises Roughly $1.3bn for Maiden Fund

Recognize Partners Raises Roughly $1.3bn for Maiden Fund

by | Jan 13, 2022 | News

Recognize Partners LP, a new private-equity firm that invests exclusively in technology-services companies, has raised about $1.3bn for its first fund, ranking it among the larger debut funds in recent memory. The New York-based investment firm was founded by David...
TPG Capital exits Wind River in $4.3bn transaction

TPG Capital exits Wind River in $4.3bn transaction

by | Jan 13, 2022 | News

In a $4.3bn transaction which accelerates the journey toward a software-defined automotive industry, global technology company Aptiv PLC is to acquire intelligent edge software solutions provider Wind River, which is backed by private equity firm TPG Capital. The deal...
Buyout Firm Affinity Is Said to Weigh $1bn Trimco Sale

Buyout Firm Affinity Is Said to Weigh $1bn Trimco Sale

by | Jan 13, 2022 | News

Buyout firm Affinity Equity Partners is considering a sale of its Hong Kong-based garment label maker Trimco Group after receiving interest from potential buyers, people familiar with the matter said. A sale could value Trimco at more than $1 billion and would likely...