| Accel-KKR's TrueCommerce finds mystery buyer, TPA of healthcare benefits snags investment from New Mountain Capital Good morning and welcome to the new PE Hub Wire!
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And now to business of the day...
Accel-KKR-backed TrueCommerce, a supply-chain software provider, has found a new owner, Milana Vinn writes.
Also of note (may require subscriptions) Brewing SPAC activity: A SPAC sponsored by Bill Foley is in talks to merge with Paysafe, the online payments company backed by Blackstone and CVC, Bloomberg reports.
Stability: The presidential and Senate outcomes provides a foundation for the stable economic and regulatory environment that dealmaking needs, according to Reuters.
PE momentum: Preqin projected private equity assets under management will more than double from $4.4 trillion at the end of 2020 to $9.1 trillion in 2025, Institutional Investor writes.
PE Deals 
They said it “Corporate leaders and markets like stability. Gridlock, in its own way, can be seen as a stabilizer, as we saw during the Obama administration.” Gary Kochman, co-head of global M&A at Citigroup, told Reuters, speaking to the anticipated implications of a legislative gridlock and a Biden win.
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