Good morning, Hubsters. MK Flynn here with today’s Wire. Yesterday felt like a slow news day for private equity, but today is hopping! Growth equity. KKR is expanding its portfolio in cybersecurity. The firm is making a growth equity investment in Semperis, a pioneer in identity-driven cyber resilience for enterprises. "A very dedicated customer base, including a growing number of the largest organizations in the world, trust Semperis to defend their critical identity systems from cyberattacks,” said Ben Pederson, director on KKR’s Tech Growth team, who has joined Semperis' board of directors. "The vast majority of attacks today are identity-based, targeting credentials to infiltrate businesses. Semperis' leading identity protection technology and incident response expertise are delivering category-defining innovation, and KKR is proud to back their mission." KKR’s other growth investments in cybersecurity include Darktrace, Knowbe4, NetSpi, Reliaquest, and Foregerock. Megabucks. Advent International has completed fundraising for its flagship fund, Advent International GPE X. The fund reached its hard cap of $25 billion in commitments after less than six months in the market. Together with GPE X’s companion fund, Advent Tech II, the firm has raised over $30 billion in commitments in approximately 12 months from its limited partners and internal capital from Advent. For more, see Private Equity International’s story by Rod James. Rod spoke with Advent’s global co-head of LP services Johanna Barr. Lab work. GTCR recently made a majority investment in PathGroup Holdings, an independent laboratory that provides anatomic pathology, digital pathology, molecular diagnostic, and clinical testing services to physician groups and hospital systems across the Southeast and Midwest. PE Hub’s Aaron Weitzman spoke to Sean Cunningham, managing director and co-head of healthcare at the firm to learn more. Add-on acquisitions will figure prominently in PathGroup’s growth strategy. For more, read the whole story. That’s all for now. Chris writes the Wire on Wednesdays, so I’ll see you on Thursday. Happy dealmaking, MK Read the full wire commentary on PE Hub ... | 