Privitas

Privitas’ editorial offering has some exciting news — it will be spinning off into its own website! Introducing: Portco News While Privitas will continue to deliver industry-leading research insights via its proprietary database, including the Portco IQ Index, Portco News will wholly focus on delivering top-notch journalism focused on private equity operations. That means offerings like our articles, Q&As, case studies, and the Value Add newsletter can be found at?portconews.com. Those who follow?Privitas’ LinkedIn?page should give?Portco News LinkedIn?page a follow, too! That way, you’ll be kept in the loop with both entities’ movements.?

Warburg Pincus LLC's $1 billion VIP (Vermont Information Processing) deal has many similarities to its stewardship of TriMark USA from 2014 to 2017. But the economy is in a much different place... can the PE firm replicate its old success story? Plus: We’re skeptical of PE firms’ interest in #accounting firms and outline portco M&A and exits from last week.

Companies in these sectors with private equity backing were far more likely to go #bankrupt than their non-#PE-backed counterparts, according to new research by Private Equity Stakeholder Project. By Isabel O'Brien with commentary from Clifford Chance's Brian Lohan

How can Bain Capital successfully complete a carve-out of a 340-year-old company, Mitsubishi Tanabe Pharma Corporation? It all comes down to #Japan's #regulatory regime. Plus: We lament that #LBOs may return to their #debt-heavy heyday and outline #PE portco M&A and exits from last week.

Last month, JOANN Stores filed for #bankruptcy for the second time in less than a year. Leonard Green & Partners (LGP) held the asset from 2011 to 2024. Was it the wrong industry, wrong time? Or a 13-year-long, #PE-backed path to bankruptcy? We take a deep dive into the troubled stewardship of the asset.

Bain Capital has placed a bid $3.2 billion to take Surgery Partners, Inc private. The firm has dabbled in emergency medical services before, acquiring Air Medical Group (now AirMed International) in 2010 before doubling its EV and selling it off to KKR in 2015. Plus: We wonder just how bad #tariffs will be for #PE and outline portco M&A and exits from last week.

#PE #exits made a slight rebound last year, but #secondaries vehicles skyrocketed, #continuationfunds included. It's a natural question to ask, then: what's in all those continuation funds? by Isabel O'Brien with insights from Preqin's Victoria Chernykh, MBA alongside Privitas' proprietary database

H.I.G. Capital's past strategies for its EMEA #advertising and media assets has been international expansion. Can it replicate this with Kantar Media? Plus: We challenge the long-term viability of #healthcare #rollup strategies and outline portco M&A and exits from last week.

Our newest 13-page report delves into exit trends for $1B+ portfolio companies. Bain Capital leads mega funds with the top exit performance in 2024.

New Mountain Capital has found a revenue cycle management firm in Access Healthcare Services after its failed bid to take R1 RCM private. Is it worth $2 billion? Plus: We dissect the #antitrust risk of a #rollup strategy and outline portco M&A and exits from last week.