Audax Group held talks to explore a sale of a stake in itself to other PE firms, the Wall Street Journal reported. The Boston PE firm considered selling a minority… read more →
Align Capital Partners has acquired a majority of Lewellyn Technology LLC. Evolution Capital Partners is the seller. Financial terms weren’t announced. Lewellyn, of Indianapolis, provides electrical safety training and inspection… read more →
Abu Dhabi investment Authority for ADIA has acquired a minority stake in KKR India Financial Services. Financial terms weren’t announced. KKR India Financial Services provides financing solutions to corporations and… read more →
Cornell Capital LLC is leading an investor group to buy Talcott Resolution from The Hartford for $1.443 billion. The consortium includes Atlas Merchant Capital LLC, TRB Advisors LP, Global Atlantic… read more →
Canadian luxury retailer Hudson’s Bay Co (HBC) said on Friday it reached an agreement with shareholder Land & Buildings, under which the U.S. activist hedge fund investor would withdraw its… read more →
Centerbridge Partners LP has closed its previously announced acquisition of a majority stake in Davis Vision, a managed vision care company. No financial terms were disclosed. Centerbridge will merge Davis Vision… read more →
Swiss food giant Nestle (NESN.S) and the private equity owners of German drug firm Stada (STAGn.DE) are both preparing tentative bids for Merck KgaA’s (MRCG.DE) consumer health unit, several sources… read more →
Mednax Inc, a U.S. healthcare network operator targeted by activist hedge fund Elliott Management Corp, is fielding acquisition interest from several private equity firms, according to people familiar with the… read more →
Hamilton Robinson Capital Partners has made an investment in GrayMatter. No financial terms were disclosed; however, Gladstone Capital Corp provided $9.5 million in debt financing to back the transaction. Based… read more →
Cleveland and Denver-based Cannasure Insurance Services, a cannabis insurance brokerage, has secured an undisclosed amount of equity funding. The investor was The Krauter Group, the parent company of Krauter &… read more →