| Halifax-backed Promptcare sale process underway, CBPE makes ~11x return on Xceptor Happy Tuesday, readers!
We have news of another healthcare process, one that could result in two separate transactions stemming from the sale of one PE-backed platform.
The Halifax Group's PromptCare, composed of a complex respiratory business and a infusion-therapy business, is on the auction block, four sources told PE Hub. The process could result in two separate transactions, as many potential suitors have a thesis around one category or the other, the people said. Read Sarah Pringle's full scoop here.
In other deal news, CBPE is generating a 10.8x return on Xceptor, a no-code process automation market provider which it has agreed to sell to Astorg Partners.
Read the full wire commentary on PE Hub...
That's it for me today! Have a great week, readers, and as always, hit me up with feedback and scoop tips at karishma.v@peimedia.com.
Also of note (may require subscriptions) Long overdue: Driven by the general awareness that some companies deserve to be held longer, Insight Partners is raising a new fund specifically to extend ownership of portfolio companies acquired via the fund. Insight Venture Partners X Follow-On Fund will make primary and secondary investments in portfolio companies held by 2017-vintage Insight Venture Partners X. Read more on Buyouts.
Well on its way: South Carolina Retirement System has committed $100 million to Aberdeen Standard Investments' latest fund, which makes up almost a quarter of the fund's target. The latest Aberdeen vehicle, Aberdeen Standard US Private Equity IX, will target lower mid-market turnaround, value buyout and growth capital funds, writes Buyouts.
Infra exclusive: Hodes Weill & Associates, a New York-based real estate fundraising and investment advisory firm, is expanding its business offering to work on broader real assets strategies. Read on Infrastructure Investor.
PE Deals 
They said it
“The majority of growth we’re seeing today has been happening in the private market as companies are staying private for longer, which often results in larger and more mature companies when they go public.”
Chief investment officer of Liberty Street Advisors, Christian Munafo speaks to PEI about SharesPost 100 Fund, an interval fund that largely comprises late-stage venture capital investments in companies.
Today's letter was prepared by Karishma Vanjani Subscribe now to get full, unlimited access to all PE Hub content, including every PE Hub Wire article. 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. |
