Bonderman family office Wildcat pushes for Consolidated Communications to reject offer; Apollo spearheads $1bn-plus Apogem secondary

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Bonderman family office Wildcat pushes for Consolidated Communications to reject offer; Apollo spearheads $1bn-plus Apogem secondary

Morning Hubsters!
M&A battle

There’s another M&A fight brewing.
Wildcat Capital, the family office for TPG co-founder David Bonderman, is pushing for Consolidated Communications Holdings to reject a $2.9 billion takeover offer from Searchlight Capital and British Columbia Investment Management Corp. Read more here.
Exit

Edison Partners sold digital customer education business Northpass to Vista Equity-backed Gainsight.
Big deal

Apollo’s Sponsor and Secondary Solutions platform, known as S3, was lead investor in a large continuation fund deal for around 50 co-investments out of older GoldPoint Partners funds. Apogem Capital, which comprises GoldPoint, PA Capital and Madison Capital, ran the deal on GoldPoint Co-Investment Funds V and VI. Total net asset value of the deal, which closed recently, was around $1.2 billion. Read more here on Buyouts.
That’s it for me. Have a great rest of the day. Reach me with tips n’ gossip, feedback or book recommendations (I just finished The Portrait of a Lady … magnificent!) at cwitkowsky@buyoutsinsider.com or find me on LinkedIn.

Read the full wire commentary on PE Hub ...

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