Obey Martin Manayiti

'TAS was underinvested under Lydall when it was public and the Alkegen team did a great job improving the business,' said Clearlake principal Nate Mejías.

LMP will help Definiti “become a really attractive home for those smaller firms that are looking to partner with somebody larger,” said Jason Barg.

Good morning dealmakers, thank goodness it’s Friday! It’s Obey Martin Manayiti here with the newsletter. I’m focusing on cybersecurity and tech deals today, first with a Q&A that I had with Michael Fosnaugh, senior managing director at Vista Equity Partners, who details the firm’s plans for KnowBe4, a cybersecurity training company the tech-focused PE firm […]

'Our focus right now is continuing the company’s profitable growth and scaling the business efficiently,' Michael Fosnaugh told PE Hub.

'There are a lot of these single-facility players that focus on low-volume, complex parts, but it's hard for them to get to real scale just organically,' MiddleGround's Marty Sjoquist said.

'Markets such as life sciences and food safety have durable secular trends' in TIC, said partner Brandon Brahm.

Diversis Capital-backed Fishbowl lnventory buys Sellware.

AEI, Concord, Permira, Vistria and others recruited pros with hands-on experience running companies.

'Given the nature of this portfolio, and the synergies that are created, we are expecting mid- to high-teens rates of return from this portfolio,' said Angelo Acconcia, partner at ArcLight Capital.

'There is a burgeoning industry around the auditing of ESG data, and that's an area where the company is strong,' Morgan Stanley Capital Partners' Eric Kanter said.