London, England — July 5, 2023 Renovata & Company and SEGALEN+ASSOCIES—two leading executive search, human resources services and private equity advisory firms—have joined forces to create a platform with operations in Europe, the UK and the US. The Renovata & Company and SEGALEN+ASSOCIES teams have worked together for more than 20 years and share a common approach to business as their clients' trusted advisors. Over the past three years, the firms have performed more than 300 searches across Europe and the US—promoting diversity with nearly 30% women placed on boards and executive teams.
Covington, Louisiana | June 2023
L Capital has made a new platform investment in Netchex ( or the “Company”) alongside New York-based private equity firm, GrowthCurve Capital.
Private Equity Wire
Global private equity fund TA Associates has completed fundraising for its latest flagship fund, TA XV, which launched in late November of last year, with total limited partner commitments at its hard cap of $16.5 billion.
Private equity (PE) investors generally seek acquisitions that will yield a high return in a tight four- to five-year time horizon. Most PE firms evaluate potential acquisition targets across a wide range of criteria including earnings before interest, taxes, depreciation and appreciation (EBITDA) as the primary indicator for potential.
NEW YORK--(BUSINESS WIRE)--GrowthCurve Capital (“GrowthCurve”), a private equity firm with a distinctive approach to building businesses and accelerating growth through AI, digital transformation, and human capital, announced the successful final close of its inaugural private equity fund, GrowthCurve Capital Partners I (the “Fund”), with total capital commitments of $1.4 billion for the Fund and related co-investment vehicles. The Fund’s investor base includes a diverse range of leading institutional investors, including pension funds, insurance companies, family offices, and other strategic partners.
SAN FRANCISCO--(BUSINESS WIRE)--Nitro Software, a global leader in SaaS PDF, eSign and business document solutions, announced today the appointment of Cormac Whelan as its new Chief Executive Officer. Whelan succeeds Sam Chandler, the company’s long-tenured, successful CEO following Nitro’s recent acquisition by private equity firm, Potentia Capital.
Netchex to leverage GrowthCurve’s expertise in data analytics and AI to accelerate growth
Covington, LA and New York, NY – June 7, 2023 – Netchex (“Netchex” or the “Company”), a leading provider of cloud-based human capital management and payroll software, today announced that it has been acquired by GrowthCurve Capital (“GrowthCurve”). GrowthCurve is acquiring the business from affiliates of Primus Capital (“Primus”). Terms of the transaction were not disclosed.
BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--CIRCOR International, Inc. (“CIRCOR” or the “Company”) (NYSE: CIR), one of the world’s leading providers of mission critical flow control products and services for the Industrial and Aerospace & Defense markets, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by KKR, a leading global investment firm, in an all cash transaction valued at approximately $1.6 billion, including the assumption of debt.
Xapo Private Bank, the fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate Tether (USDT) payment rails.
NEW YORK, May 26 (Reuters) - Private equity firms Francisco Partners and TPG Inc TPG.O have ended talks to acquire New Relic Inc NEWR.N after they failed to secure enough debt financing and could not meet the business software company's valuation expectations, people familiar with the matter said.