Good morning Hubsters, Craig McGlashan here filling in for MK Flynn on the Thursday Wire. We’re kicking off with some fresh deals, including a debut by Consello Capital as it buys a legal services provider and Vista Credit Partners making a play in manufacturing software. Next we take a couple of deep dives, first as Obey Martin Manayitispeaks to Godspeed Capital’s Douglas Lake about his firm’s acquisition of Stengel Hill Architecture, then I grill Rami Cassis of Parabellum Investments on his US growth plans for portfolio company ieDigital. We then round things out with a look at BlueFlame AI, which seeks to help clients – including PE and VC firms – make use of emerging AI technologies to improve operations. Debut Consello Capital, the private equity arm of The Consello Group, has made its first investment, acquiring a majority stake in a Los Angeles-based provider of tech-enabled legal services to enterprise customers. Read the full version of the Wire for more. Enterprise software Vista Credit Partners has made an investment in a manufacturing software provider. Mental health Godspeed Capital Management is looking to tap into a need for behavioral healthcare facilities with its acquisition of Stengel Hill Architecture (SHA), founder and managing partner Douglas Lake told PE Hub’s Obey Martin Manayiti. Read more in the subscriber version of the Wire. US push I spoke to Parabellum Investment CEO Rami Cassis about the firm’s portfolio company ieDigital making a US push with the acquisition of Connect FSS – and found that more US deals could be on the cards. Find out more in the full version of the Wire. AI expansion A highly customizable generative AI platform for alternative asset managers is becoming available to a broader client base this week. Built to meet the needs of VCs, PE firms and other private investors, BlueFlame AI aims to help clients make use of emerging AI technologies to improve their operations and generate resource and cost savings while ensuring security, privacy and compliance. PE Hub and VCJ have been exploring how PE and VC firms are using generative AI. For more coverage, see PE Hub’s story on how ChatGPT and GenAI are beefing up private equity deal sourcing and VCJ’s story on how AI is transforming the VC industry. OK that’s all from me. Obey will be taking you through to the weekend tomorrow as usual. Cheers, Craig Read the full wire commentary on PE Hub ... | 