deals
Patient Square Takes Premier Private in a $2.6B Healthcare Carve-Up Patient Square Capital has officially taken Premier, Inc. private in a $2.6 billion all-cash deal, pulling a major healthcare-services operator off the public markets. Since its IPO days, Premier has struggled under the weight of a complex structure
deals
Leonard Green Buys the Golf Circus Back Topgolf Callaway is carving off the fun part: it’s selling a 60% stake in its Topgolf venues and Toptracer business to Leonard Green & Partners at a $1.1 billion valuation, generating about $770 million in cash to de-lever and buy back
deals
Arcline Investment Management Acquires Novaria Group in ~$2.2 Billion Deal Arcline is buying Novaria Group from KKR in an all-cash transaction valued at roughly $2.2 billion. Novaria, the Texas-based aerospace and defense components supplier, has been one of KKR’s industrial roll-up winners—13 acquisitions, tripled revenue, and
deals
Denny’s Corporation Goes Private in $620 Million Buyout A consortium led by TriArtisan Capital Advisors, Treville Capital, and franchisee Yadav Enterprises is taking Denny’s Corporation private in an all-cash transaction valued at $620 million, including debt. Shareholders will receive $6.25 per share, representing a 52% premium to
deals
Francisco Partners Takes Jamf Private in $2.2 Billion Deal Francisco Partners is taking Jamf private in a $2.2 billion all-cash deal at $13.05 per share, marking an exit for Vista Equity, which held a 34% stake. Jamf manages and secures Apple devices for enterprises, posting ~$176.5