Nordic Capital: Inovalon and the future of healthtech

Nordic Capital: Inovalon and the future of healthtech

Submitted
By Karin Wasteson | 31/08/2021 – 2:43pm

European private equity firm Nordic Capital signed its largest deal to date last week, in a USD7.3 billion all-cash transaction that will take Inovalon, a publicly traded American tech company that provides cloud-based tools to support data-driven healthcare, private. Private Equity Wire sat down with Fredrik Näslund (pictured), Stockholm-based partner at private equity firm Nordic Capital, for an exclusive interview on the back of the deal.

Barings finances Abry-Castik's acquisitions of Reward Gateway and Xexec

Barings finances Abry-Castik’s acquisitions of Reward Gateway and Xexec

Submitted
31/08/2021 – 1:49pm

Barings has provided senior secured financing to support private equity firms Abry Partners and Castik Capital in their joint bid to acquire Reward Gateway from Great Hill Partners, announced on 4 May 2021, and to acquire a majority stake in Xexec, announced on 6 May 2021.  Financial terms have not been disclosed.

Multiples Heatmap Q2 2021: climb in pricing persists

The record-breaking pace of European PE activity at the start of the year eased back a little in Q2, but only a little: Q2 deal value still reached the second highest level in seven years, while deal volume recorded its third highest total. A slight dip though this may be, entry multiples continued their rise for the fifth consecutive quarter, to reach an average of 11.8x over the last 12 months.Unquote editor Greg Gille spoke with several market experts at Clearwater International to discuss the findings of the report in detail – beginning, as usual, with a macro view with Marcus Archer, Clearwater’s managing partner and head of private equity.For a more focused examination, Greg spoke with Clearwater partner Richard Goldsack about the busiest region in Europe, the UK & Ireland; and with Clearwater managing partners John Sheridan and Philippe Guézenec on the trends driving the Food & beverage sector.0:00 – Intro2:33 – Marcus Archer on overarching trends11:11 – Richard Goldsack on the UK & Ireland18:09 – John Sheridan and Philippe Guézenec on the food & beverages sector—Theme music: ©2012 Kick Up The Fire

SunTx Capital Partners sells NationsBuilders Insurance Services

SunTx Capital Partners sells NationsBuilders Insurance Services

Submitted
31/08/2021 – 9:56am

SunTx Capital Partners (SunTx), a Dallas, TX-based private equity firm that invests in middle market manufacturing, distribution, and service companies, has sold NationsBuilders Insurance Services (NBIS), provider of specialty construction Risk Management and Insurance. 

Sidley expands London office with addition of two private equity partners and a global Finance partner

Sidley expands London office with addition of two private equity partners and a global Finance partner

Submitted
31/08/2021 – 9:55am

Sidley Austin has appointed Dan Graham, Paul Dunbar, and Emilie Stewart as partners in London. Graham and Dunbar have joined the global M&A and Private Equity practice and Stewart has joined the Global Finance group. They join from Vinson & Elkins LLP.