Trinity grows Visterra Landscaping with add-ons; BlackRock looking at education as Clearlake inks deal

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Trinity grows Visterra Landscaping with add-ons; BlackRock looking at education as Clearlake inks deal

Good morning Hubsters, Craig McGlashan here with the Tuesday Wire.

We’re kicking off with an exclusive, as Obey Martin Manayiti speaks to Trinity Hunt Partners’ Garrett Greer about a pair of add-ons his firm announced this morning.

Next, Irien Joseph talks to BlackRock’s Nathalie von Niederhaeusern about the firm’s dealmaking outlook for the second half of the year.

We then finish with a look at a Clearlake Capital portfolio company making an add-on in the education sector.

Landscape deal

It’s always nice to start the day with a scoop, and PE Hub’s Obey Martin Manayiti has kindly obliged, speaking exclusively to Trinity Hunt Partners about a pair of add-on acquisitions for its Visterra Landscape Group platform.

Upgrade to the premium version of the Wire to read Obey's interview with Trinity Hunt partner Garrett Greer and new Visterra CEO Alan Handley.

Trinity Hunt is not the only private equity firm investing in commercial landscaping. Just yesterday, One Rock Capital Partners unveiled a $500 million investmentin BrightView Holdings, a Blue Bell, Pennsylvania-based commercial landscaping services company.

Deal landscape

Adopting a buy-and-build strategy to create super-regional or national champions might pay off in Europe more than the US, Nathalie von Niederhaeusern, head of EMEA, BlackRock Private Equity Partners, told Irien Joseph.

Read the subscriber version of the Wire to find out which sectors BlackRock is most optimistic about.

Edtech

Clearlake Capital Group has made a move in the education sector. Its portfolio company Discovery Education has agreed to acquire a PK-12 education technology provider.

OK that’s all from me today – Rafael Canton will be with you tomorrow for Wire Wednesday.

Cheers,

Craig

Read the full Wire commentary on PE Hub ...

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