Morning Hubsters, PE Hub Europe editor Craig McGlashan here with Monday's Europe edition of the Wire from the London newsroom. We’ve got a scoop to start, as Nina Lindholm reveals that K1 Investment Management portfolio company Board Intelligence has made its first add-on. Next, we turn to the hot sector of data centers, where LGT Capital Partners and Hamilton Lane have become minority investors in an Exponent portfolio company. We've got the deal size and more on that one. Turning to healthcare, where EQT has agreed to acquire a controlling stake in a global healthcare outsourcing technology service provider, from ChrysCapital. We can also share the deal size on that one. We’ve then got a GP stakes deal involving Armen. Finishing up, we’ve got a brief look at the exit options for private equity firms holding aircraft services companies. Engine for growth K1 Investment Management will announce later today that its portfolio company Board Intelligence has made its first add-on, PE Hub’s Nina Lindholm can reveal. Read the premium version of the Wire to find out about the add-on. Big on data LGT Capital Partners has become a lead minority investor in an Exponent data center portfolio company Check out the premium version of the Wire for details including the valuation, how that's grown since Exponent's first investment and the company's revenue and growth forecast. Going global EQT has agreed to acquire a controlling stake in GeBBS, a global healthcare outsourcing technology service provider, from ChrysCapital. Details including the deal value available in the premium version of the Wire. EQT has been bolstering both its Asia and healthcare presence in recent years. CEO Christian Sinding outlined to PE Hub the thinking behind the firm’s mammoth €6.8 billion merger with Baring Private Equity Asia to create BPEA EQT in 2022, while partner Maarten de Jong talked us through the firm’s new Healthcare Growth strategy as part of our Dealmakers to Watch series earlier this year. GP stakes Speaking of big trends, the latest GP stakes deal sees Armen acquire a minority stake in Chorus Capital, an alternative credit investor specializing in bank risk-sharing transactions. Going public Finally, on Friday StandardAero, an aircraft maintenance company backed by Carlyle and the Singapore sovereign wealth fund GIC, filed for an IPO in the US. We’ve been looking in-depth at aircraft services lately, including covering Baird Capital selling its investment in eCube Solutions, a Welsh end-of-life aircraft services provider, to Platinum Equity-backed Unical Aviation. We’ve got an interview about the sale with Baird partner James Benfield coming up later in the week, so keep an eye out for that. Right, that’s all from me today. MK Flynn will write to you later today in the New York morning with the US Wire, while Nina Lindholm will be on Europe duty tomorrow. Cheers, Craig Exciting news PE Hub and PE Hub Europe have merged into a single, unified PE Hub platform, as part of our commitment to providing you with a richer, more comprehensive view of the private equity deals landscape. It’s a win-win for our whole audience: PE Hub readers gain access to our in-depth coverage of European PE dealmaking, and PE Hub Europe readers gain access to our in-depth coverage of North American PE dealmaking. simply log in to the PE Hub platform, using your PE Hub or PE Hub Europe account email address, to access the latest dealmaking insights, key transactions, and expert analysis from across both regions.
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