Catalent to buy Paragon Bioservices Inc for $1.2 bln; LPs try to get used to rise of subscription lines of credit; Revelstoke’s Crossroads sale heads to first round
Apparently, one GP in market with a fund is offering a unique term: LPs can choose to commit under a structure in which the GP will use a subscription line of credit to delay calling capital. Or the LP can commit outside the commitment credit facility. Each of the options comes with a different fee/carry […]
Long, strange saga of Eaglehill Advisors comes to a close, The problem with stapled deals and how to handle them
Trending this week: healthcare payer services
Alinda Capital Partners made a splash in the middle of the past decade, charging out of the gates to raise a $3 billion value-added infrastructure fund. It was one of the largest debut funds. Many investors had been unfamiliar with a big aspect of the strategy the New York shop intended to pursue. Alinda planned […]
By Scott B. Meyer, Glenview James LLC Due diligence today needs to begin with the assumption that every deal is a tech deal. So what do you do when you discover that a prospective investment hasn’t fully embraced digital transformation? In this installment of my four-part series, “Making Money When Every Deal is a Tech […]
This is the third article in a three-part PE Hub Canada series on what CEOs, managers and investors must consider in the various stages of a business transition. Previously, Larry Kaumeyer, a CEO who grows and oversees businesses for a private equity firm, discussed pre-acquisition considerations and the realities of the post-acquisition period. In this third piece, he looks at how CEOs and owners—including private equity owners—can prepare to sell a business, sharing his tips on several factors that are key to getting to the finish line.
The massive flow of capital into private markets is having an interesting effect, according to Hugh MacArthur of Bain & Co. It’s boosting the average multiple of Ebitda of private assets above that of public assets for the first time since the era just before the global financial crisis. Generally, investors are willing to pay […]
Boston investors “bring it home” via health tech
A trio of CalPERS investment-committee members this month objected to a plan to create two captive private equity funds, and the experience of sister state pension Florida State Board of Administration suggests they’re right to have concerns. Such programs don’t always work out as advertised. Under the proposed plan, approved in concept by the committee in […]