Clearlake Capital Group and Symphony Technology Group have completed the sale of risk management software developer Archer Technologies to London PE firm Cinven.
Earlier in July, Paris-based Ardian announced a 50 percent stake in MXT Holdings. Ardian is teaming up with MXT existing shareholder Mexico Infrastructure Partners, which will retain the other 50 percent. The deal is expected to close in the second half of the year.
Manulife Investment Management has acquired a minority stake in a California almond processor, the first deal supporting its latest fund’s farmland-plus strategy to combine processing and marketing assets with farmland investments. (Agri Investor)
Why some GPs are due to ‘take a bath’ on data centers: With little leeway to continue as heavy carbon emitters, some data centers stand to become stranded assets if they can’t clean up their act. (Infrastructure Investor)
Private Equity Real Estate is out with a new report on hospitality, which took a heavy knock during the pandemic but is now coming back strongly. In doing so, however, the sector is increasingly reconsidering what a hotel is for.
The Boost Fund, launched in the UK last year by Richard Blakesley, is one of the first venture firms to use an AI algorithm not only to source and conduct due diligence on prospective deals, but also to actually select start-ups to invest in. (Venture Capital Journal)
Nordic Capital has agreed to sell Macrobond, a global provider of software and macroeconomic and financial data, to Francisco Partners. (PE Hub Europe)
“Today’s operating environment – one in which data volumes are compounding, attack surfaces are broadening, and threats are growing in sophistication – demands dynamic security solutions.”
Please visit Buyoutsfor the latest insight into LP activity and Venture Capital Journal for comprehensive coverage and analysis of what’s happening in VC.
