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Bain Capital invests $250 m in business services firm Sikich

Private Equity Insights

Bain Capital is picking up a minority stake worth $250 million in business services firm Sikich, which is planning to deploy the investment to finance its expansion plans, the companies said on Thursday. The private equity firm is the first outside investor at Chicago-based Sikich, which was founded in 1982.

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Axle Point Capital launches, eyeing business services, diversified industrials deals

AltAssets

New private equity firm Axle Point Capital has launched targeting lower mid-market deals in the business services and diversified industrials segments. The post Axle Point Capital launches, eyeing business services, diversified industrials deals appeared first on AltAssets Private Equity News.

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Peloton shares surge as news of PE buyout interest breaks

Private Equity Insights

Shares in Peloton soared by as much as 18% on Tuesday after CNBC reported that several private equity firms are cons idering a buyout of the connected fitness company, which is looking to refinance its debt and return to growth after 13 consecutive quarters of losses. Read more: Private Equity Wire Can’t stop reading?

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American Discovery Capital closes second fund at $190m

Private Equity Insights

Lower middle market-focused private equity firm American Discovery Capital has held the final close of American Discovery Fund II at $190m in total capital commitments. According to a press statement, ADF II will continue to target companies in the business services and software sectors.

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Japan’s Toshiba considers $20bn take-private deal

Private Equity Insights

Toshiba Corp is considering a $20 billion offer from private equity firm CVC Capital Partners to take it private, a person familiar with the matter said, as the Japanese industrial conglomerate faces pressure from activist shareholders to improve governance. Other deals by the private equity firm include the $1.5

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Tom Barber on the Design of Winning Private Equity Firms

Axial

Today’s conversation is with Tom Barber, Co-Founder and Managing Partner at SBJ Capital ([link] a California-based private equity firm investing into the consumer and business services verticals.

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FalconPoint Takes Flight

Private Equity Professional

FalconPoint Partners has announced its launch as a private equity firm focused on investing in North America-based middle market companies that are active in the business services and industrials sectors. FalconPoint is led by its founder and managing partner Russ Gehrett.