The software and services industries-focused firm has moved home and commercial services platform Apex Service Partners into a continuation fund in one of the largest deals of the year.
2 min read · 26 October 2023
Traditional LPs contemplating GP-led focused funds have been intent on identifying examples of fully crystallised continuation funds in recent years.
2 min read · 24 October 2023
New Mountain is running the single-asset process for medical data-focused Datavant, which it acquired through a merger with its portfolio company Ciox Health in 2021.
2 min read · 03 October 2023
The firm had considered running a process on the same portfolio company at the end of last year, Secondaries Investor has learned.
1 min read · 02 October 2023
Infrastructure and real assets accounted for around 9% of estimated total volume in the first half, according to Greenhill & Co’s latest volume survey.
3 min read · 26 September 2023
Three buyers co-led the novel transaction involving insurance asset Markerstudy, which was separately involved in an M&A process.
3 min read · 26 September 2023
Sources point to an influx of deals hitting the market toward the end of summer that may drive volume, especially as pricing has improved.
2 min read · 20 September 2023
GP-led secondary deals like single-asset continuation funds represented about 40% of estimated total market volume in the first half, according to Lazard’s first-half volume report.
2 min read · 11 September 2023
Such deals – where the sponsor retains exposure to an asset – can simplify the exit process via an external buyer determining the valuation.
4 min read · 06 September 2023
