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515,202 Deals |  33,942 Funds |  22,460 Limited Partners |  26,158 Advisors  
THURSDAY, MARCH 10, 2016
 
 
Nautic Partners
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Nautic Partners, a middle market firm focused on healthcare, industrial products and outsourced services, this week received clearance a to invest $150 million in ExactCare Pharmacy. We've chosen Nautic as today's free PitchBook Profile, so click here to view the firm's investments, closed funds, deal team and more.
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 VIEW 169 INVESTMENTS »
How do they do it? Diving into the top 2005-2009 vintage buyout funds
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Click to see the top funds revealed
Among the bevy of handy charts and graphs included in our latest Benchmarking and Fund Performance Report is a breakdown of top-performing funds, sliced and diced by type, size and vintage. Curious about the different strategies firms employ, we decided to examine one benchmark in particular—2005 to 2009 vintage buyout vehicles larger than $500 million—to see what we could learn.

So what goes into a successful fund?

Click here for our findings, along with the firms behind the top performers in this benchmark.
 
Partners Group offers to buy TSX-listed Axia NetMedia at C$272M market cap
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Partners Group has agreed to acquire Axia NetMedia (TSX: AXX), a Canada-based company that designs, installs and operates fiber-based internet and data networks across North America and France. The offer is for C$4.25 per share—a 49% premium over Axia's share price at Tuesday's close—valuing the company at C$272 million. Partners Group's offer is unanimously recommended by Axia’s Board of Directors.

If the deal reaches a close, it becomes a small boost to a slow start for PE investor activity in Canada this year. According to the PitchBook Platform, PE firms closed 28 Canadian deals in January and February this year, an almost 40% drop from the 46 deals completed in the same timeframe in 2015. Despite a humdrum open to 2016, activity in the country is elevated on a historical basis. PE investors closed 283 Canadian deals last year, which is up 26% from the 225 in 2012.

PitchBook users can click here for a closer look at PE investor activity in Canada since 2010.

Interested in accessing this data and much more from the PitchBook Platform? Contact us today.
2010 Vintage U.S. Venture Funds with Software Investments
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Median IRR: 18.49%
Top Quartile IRR Hurdle Rate: 31.02%
Median TVPI: 1.5x
Median RVPI: 1.2x
Select Top Performers (based on net IRR)
Battery Ventures IX
IA Ventures Fund I
Menlo Ventures XI
Union Square Ventures Opportunity Fund
 
Benchmark, Peer Group & Returns Data on 20,000 Funds
PitchBook, setting a higher bar for performance benchmarking
WCAS to acquire Intuit’s QuickBase unit
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Welsh, Carson, Anderson & Stowe has entered into a definitive agreement to acquire Intuit’s (NASDAQ: INTU) QuickBase business, which provides a low-code development platform that enables the creation and rapid deployment of customized, purpose-built cloud applications.
Database Software
Cambridge, MA
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 VIEW 103 COMPARABLES »
Seller
Ashlar Capital backs anesthesia business
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Ashlar Capital has unveiled a partnership with Epix Healthcare Associates, allowing the provider of anesthesia services to pursue acquisitions and bolster its current offerings.
Healthcare Services
Peach Tree, GA
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 VIEW 127 COMPARABLES »
 
Arsenal-backed Accella adds spray foam manufacturer
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Accella Performance Materials has acquired Quadrant Urethane Technologies Spray Foam Division, a manufacturer of spray foams for insulation. Arsenal Capital Partners has backed Accella since 2012.
Building Products
Manufacturing
McKinney, TX
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 VIEW 65 COMPARABLES »
Silver Lake, TPG-backed Avaya launches cloud communications platform
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Avaya has launched Zang, a cloud communication and applications-as-a-service platform that allows users to build custom apps.
Communication Software
Santa Clara, CA
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 VIEW 425 COMPARABLES »
Existing Investors
HgCapital invests in retail SaaS platform
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HgCapital has announced an investment in Trace One, a SaaS platform for the retail and private-label goods sectors. The capital for the deal comes from HgCapital’s growth buyout-focused Mercury Fund.
Business Software
Paris, France
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 VIEW 440 COMPARABLES »
Investor
 
LDC gains David Bains to direct investments
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LDC has hired David Bains as its new investment director based out of the firm’s office in Birmingham, U.K. Previously, Bains worked as a managing director focused on leisure and consumer activities at Global Leisure Partners.
  David Bains, Investment Director
 
PE/Buyout
London, United Kingdom
 
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FTV Capital promotes four
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FTV Capital has promoted Kyle Griswold to partner. Since joining the firm in 2007, Griswold focused on investments in the financial services and payments/transaction processing sectors. FTV has also promoted Robert Anderson and Aly Lovett to principal and Richard Liu to vice president.
Growth
San Francisco, CA
 
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 VIEW 94 INVESTMENTS »
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