Portco News • 27 May 2025 Gemspring Buys Legacy Chemicals Business From Goodyear for $650M Plus: We outline portco M&A and exits from last week.
Portco News • 19 May 2025 Can PE Firms Own Utilities and Data Centers? Behind Blackstone’s $11.5B TXNM Take-Private Plus: We outline portco M&A and exits from last week.
Portco News • 13 May 2025 3G Rewrites Its Operational Ethos with $9.4B Skechers Take-Private Plus: We outline portco M&A and exits from last week.
Portco News • 8 May 2025 PE-Backed Companies Dominated Q1 2025 Debt Defaults According to Fitch Ratings, 15 of the 23 leveraged loan and high yield debt defaults in Q1 were by private equity-owned companies. Portcos also dominated large bankruptcies.
Mergers & Acquisitions • 8 May 2025 Inflated Infra NAVs Cast Shadow Over Secondaries Transactions The private infrastructure asset class has a problem with net asset valuations. GPs self-report their portfolios’ worth, third-party accounting firms verify this work, and LPs make investment decisions based on these figures — but many question the methodologies used for these calculations. Says one executive, “It’s a sham.”
Portco News • 6 May 2025 CVC Dreams Big with $5B Dream Games Acquisition Plus: We outline portco M&A and exits from last week.
