Good morning Hubsters, Craig McGlashan here with the Tuesday Wire. We’ve written a lot about some of the difficulties in exiting investments of late, so we’re starting with one that looks go be going ahead, as Arlington Capital Partners buys a secure collaboration and risk management service provider from Thoma Bravo. Next, we switch sectors as we look at Silver Oak leading the recapitalization of a quality assurance provider, before we feature a deal by Heartwood Partners in the nutraceutical sector. We then finish with a look at some of the differences between running take-private deals in the US versus Europe. Secure channel Exit routes have been harder to find over the last 12 months than in most of the preceding decade, thanks to the usual suspects that have slowed down dealmaking generally – the rising cost of debt, valuation mismatches and the rest. So it’s always interesting to see an exit get done. On that note,Arlington Capital Partners has agreed to acquire a secure collaboration and risk management service provider from Thoma Bravo. Read more on the deal as well as tech sector exits generally in the full version of the Wire. Quality assurance Silver Oak Services Partners has led the recapitalization of a quality assurance and supplier representation service provider, in partnership with management and co-investors. Health Heartwood Partners has acquired a full-service nutraceutical manufacturer. Take-privates Over on PE Hub Europe, we’ve written a feature focused on some of the take-private attempts we’ve seen this year, particularly those involving companies that only went public in the last couple of years. You can read more about the reasons behind that trend and the attraction for such deals on both sides of the transaction here. But there was one quote I wanted to share with our North American readers, from Nathalie von Niederhaeusern, head of EMEA at BlackRock Private Equity Partners. You can read it in the subscriber version of the Wire. I’d love to get readers’ thoughts on the differences and relative difficulties of running take-private deals in the US versus Europe. Send them over to me at craig.m@pei.group If you’d like to meet me in person, I’m going to be at Private Equity International’s Investor Relations, Marketing & Communications Forumin London tomorrow and Thursday. It’d be great to meet you there if you’re attending – just drop me an email to arrange. OK that’s all from me today. Chris Witkowsky will be with you tomorrow. Cheers, Craig Read the full Wire commentary on PE Hub ... | 