| View this email online The Wire Nov. 9, 2020 Accel-KKR's TrueCommerce finds mystery buyer, TPA of healthcare benefits snags investment from New Mountain Capital Good morning and welcome to the new PE Hub Wire! We’ve created a new streamlined layout to help you locate the stories aligned with your interests, quickly and easily. In addition, we now offer the PE Hub Wire Premium edition, for our paid subscribers to PE Hub. This version is ad-free, includes full editorial commentary and additional details about each story highlighted in the Wire. You can upgrade to the new premium version of the Wire today by reaching out to our subscription specialists at [email protected]. And now to business of the day... Accel-KKR-backed TrueCommerce, a supply-chain software provider, has found a new owner, Milana Vinn writes. ...Read the full Wire commentary on PE Hub. Also of note (may require subscriptions) Brewing SPAC activity: A SPAC sponsored by Bill Foley is in talks to merge with Paysafe, the online payments company backed by Blackstone and CVC, Bloomberg reports. Stability: The presidential and Senate outcomes provides a foundation for the stable economic and regulatory environment that dealmaking needs, according to Reuters. PE momentum: Preqin projected private equity assets under management will more than double from $4.4 trillion at the end of 2020 to $9.1 trillion in 2025, Institutional Investor writes. PE Deals They said it “Corporate leaders and markets like stability. Gridlock, in its own way, can be seen as a stabilizer, as we saw during the Obama administration.” Gary Kochman, co-head of global M&A at Citigroup, told Reuters, speaking to the anticipated implications of a legislative gridlock and a Biden win. Today's letter was prepared by Sarah Pringle. Subscribe now to get full, unlimited access to all PE Hub content, including every PE Hub Wire article. FIND OUT MORE Please visit Buyouts for the latest insight into LP activity and Venture Capital Journal for comprehensive coverage and analysis of what’s happening in VC. London | New York | Hong Kong PEI Media Group Ltd is registered in England no.6135779 Registered office: 7th Floor, 100 Wood Street, EC2V 7AN To update your PE Hub email preferences, or to unsubscribe, click here. | 