| View this email online The Wire Oct. 26, 2021 Shore Capital explores sale of Mission Veterinary Partners, Two execs from Shamrock raising debut fund
Happy Tuesday! We have news today that Shore Capital Partners is considering a sale of Mission Veterinary Partners, which the firm formed in 2017 in partnership with entrepreneurial veterinarians Vic Dhillon and Jeff Rothstein. The company was formed through the merger of their two groups - Advanced Animal Hospital Group and Progressive Pet Animal Hospitals, writes Sarah Pringle on PE Hub. Also, we have news that two long-time executives from Shamrock Capital Advisors are in market raising their debut fund for investments in entertainment, media and communications. Coral Tree Partners was formed earlier this year by William Wynperle and Alan Resnikoff, who left Shamrock last year. Read more here on Buyouts. That’s it for me, have a great rest of your day! Reach me with tips n’ gossip, the Drama, and feedback at [email protected] or find me on LinkedIn. Read the full wire commentary on PE Hub... Also of note (may require subscriptions) Auto: MiddleGround Capital acquired Plasman Holdings, which provides tooling, injection molding, paint applications and assembly in North America and Europe. Plasman produces bumpers, fascia, grilles, exterior trim and subsystem components for light vehicles. MiddleGround made the investment through its Mobility fund, which closed on $250 million earlier this year. Read more here on PE Hub. Sale: Lexington Partners emerged as the buyer of a large portfolio of fund stakes from the State Teachers Retirement System of Ohio valued at more than $1 billion. The portfolio included stakes in Bridge Europe VI. It’s not clear if other buyers were involved. Read it here on Secondaries Investor. Exit: Platinum Equity agreed to sell Orbit Irrigation, which provides watering equipment, to Husqvarna Group. The deal, expected to close before year-end, is valued at $480 million. Read more here. PE Deals They said it “I would anticipate continued strong demand for emerging managers, because many emerging managers are on to a lot of these trends… [like] sector-focused, long-hold, growth, ESG, they have an angle.” Hugh MacArthur, head of Bain & Co’s global private equity practice, talks to Buyouts about the environment for new firm fundraising. Today's letter was prepared by Chris Witkowsky 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. | 