Morning Hubs! This is Chris, on for Wire Wednesday. • Hudson Glade buys Quality First Home Improvement in debut deal • Arcline exits electric infrastructure services firm Voltyx I-sponsor Here’s something we like to see – a new firm, starting off its life investing deal-by-deal, is announcing its first transaction this morning. Hudson Glade, launched by ex-Littlejohn & Co executive David Simon and Jeff Lowe, who formerly worked at BNP Paribas and Bank of America, is acquiring Quality First Home Improvement, reports Rafael Canton on PE Hub. Exit Arcline Investments sold Voltyx, a provider of electric infrastructure services, to Asplundh. The firm created the Voltyx platform in 2021, formed through the acquisition of Electric Power Systems and North American Substation Services from Industrial Growth Partners. At the time, IGP retained a minority stake in the combined company. Growing A development we’ve been tracking concerns certain assets run by PE shops that have grown so big the only viable exit option is the public markets. But with that channel being much less active than in the past, (and probably less attractive to many firms) the question is – how does a firm exit an asset that has grown too big to exit? We're seeing some of this come up in secondaries – a few recent deals have included GPs putting partial stakes of large companies into continuation funds, as a way to distribute back to LPs, while still retaining exposure to the investment through the original fund. That’s it for me! Hit me up with tips n’ gossip, feedback or book recommendations at christopher.w@pei.group or find me on LinkedIn. Read the full Wire commentary on PE Hub ... | 