View this email online The Wire Aug. 26, 2021 Thoma Bravo sets big target for next flagship, Advent agrees to buy three cosmetics brands to create standalone company Happy Thursday! Big one coming to market: Thoma Bravo set an ambitious target for its next flagship pool, which is actively in the market amid a busy second half for GPs. The firm is expected to launch its middle market and its lower mid-market pools in September. Read more here. Also, Waud Capital is buying PromptCare from The Halifax Group, the result of a venture it formed with long-time healthcare executive Paul Jardina, writes Sarah Pringle on PE Hub. The deal is expected to close this week, which values the company in the low-$400 million range. Read more here on PE Hub. That’s it! Have a great rest of your Thursday. Hit me up with tips n’ gossip, feedback or book recommendations at cwitkowsky@buyoutsinsider.com or find me on LinkedIn. Read the full wire commentary on PE Hub... Also of note (may require subscriptions) Media: Livingbridge invested in Jungle Creations, which creates, produces and distributes content across seven media brands. The investment will support Jungle Creations in driving its growth strategy, including launching new brands. Read more here. Cosmetics: Advent International, which has invested $13.6 billion in more than 80 retail, consumer and leisure companies, agreed to acquire three cosmetics brands from Shiseido Americas. Pascal Houdayer will become CEO of the standalone business. Read it here. Workstation: Auxo Investment Partners acquired Altus Industries, which provides medical, point-of-care workstations for the healthcare industry. The transaction is part of co-founders’ Craig VanderHeide’s and Eric Kahkonen’s succession plan for Altus, which they formed in 2001. Read it here on PE Hub. PE Deals They said it “It’s just been non-stop … and I don’t think it’s letting up.” Family office LP talks to Buyouts about the pace of fundraising. Today's letter was prepared by Chris Witkowsky Subscribe now to get full, unlimited access to all PE Hub content, including every PE Hub Wire article. FIND OUT MORE Please visit Buyouts for the latest insight into LP activity and Venture Capital Journal for comprehensive coverage and analysis of what’s happening in VC. London | New York | Hong Kong PEI Media Group Ltd is registered in England no.6135779 Registered office: 7th Floor, 100 Wood Street, EC2V 7AN To update your PE Hub email preferences, or to unsubscribe, click here. |