Morning Hubsters, Craig McGlashan here on Tuesday Wire duty. We’ve got a couple of sale process scoops for you this morning, as well as a pair of confirmed deals – plus I want to get your thoughts on a theme that links all four. First, the news. Cinven has enlisted a pair of sell-side advisers to launch a sale of a motorized wheelchair company, according to sources. Meanwhile, sources tell us that Mason Wells has launched a sale process for a last-mile logistics company. Switching to the confirmed deals, Veritas Capital has agreed to acquire NCR Voyix’s digital banking business. Finally, Bernhard Capital Partners has agreed to acquire New Mexico Gas Company (NMGC) from Emera. So, what’s the link? Although they’re all in different sectors, they all have a value – or expected value – of over $1 billion. I’d love to get your thoughts on whether we can expect a return of more billion-plus deals – send them over to me at [email protected] Labor Day launch Cinven recently enlisted a pair of sell-side advisers to launch a sale of a distributor of motorized wheelchairs and rehabilitative equipment, three sources familiar with the matter told PE Hub’s Michael Schoeck. Read the subscriber version of the Wire to find out the company, advisers and expected valuation. Bids due Mason Wells, the Milwaukee-based mid-market private equity firm, recently launched a sale process for a last-mile logistics company, three sources familiar with the matter told Michael. Full details, including expected valuation, in the subscriber version of the Wire. Got a tip about an upcoming sale of a private equity-backed company and/or a company that might appeal to a PE buyer? Email PE Hub senior reporter Michael Schoeck Digital first Veritas Capital has agreed to acquire Atlanta-based NCR Voyix’s digital banking business in a take-private deal. In the pipe Bernhard Capital Partners has agreed to acquire New Mexico Gas Company (NMGC) from Emera. OK that’s it from me today – Rafael Canton will be on duty tomorrow. Cheers, Craig Read the full wire commentary on PE Hub ... |