Rafael Canton

IMG Academy is 'a feel-good deal where we knew that we were investing in a company where we would generate a nice private equity return but also investing in the future of ultimately thousands of kids.'

Arctos, BPEA EQT and RedBird Capital are among the private equity firms making deals in the sports sector.

VC-backed Electric Sheep expects to announce lawnmowing service deals later on Wednesday, as the startup gears up to launch a PE fund.

BlackRock-backed Influence Media scoops up Enrique Iglesias' music catalog.

'We’re still in the very early innings,' Perry said about the secondaries market. 'I would argue we're probably at the top of the second inning.'

NewSpring bought Underdog in June and announced its first add-on earlier in November.

Garnett co-founders Matt Perelman and Alex Sloane expect to add more regional chains to Authentic Restaurant Brands in 2024.

'There's a lot of private equity money that is pouring into the franchising space,' said Riverside's Grant Marcks.

'Many franchise businesses are family-owned and still founder-led, and are within industries that we believe have good long-term tailwinds but are very fragmented,' says Orangewood's Alan Goldfarb.

'The packaging and folding carton market has been one of CORE’s thematic verticals due to the sector’s strong underlying industry fundamentals, growth outlook and fragmentation,' said John May.