Obey Martin Manayiti

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.

PE firms go bullish over snacks.

'We have seen a tremendous amount of growth in at-home consumption for breakfast, meal and snacking occasions,' said Brynwood's Henk Hartong.

After making 21 acquisitions over four years, LMP sold NAC to APCO Holdings earlier in January.

Vista Equity Partners agreed to acquire Duck Creek in a $2.6bn take-private deal announced earlier in January.

ThinkLP marks Alpine Software Group's 50th acquisition since 2016.

'We are not terribly concerned about demand in the near term because the needed investment in infrastructure is driving record levels of demand for Gannett and many of our peers in the market,' Benavides says.

'We are seeing a lot of onshore of American manufacturing, which is obviously going to benefit this business,' Lim said.