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Mega Merger? Behind Bain’s 30x EBIDTA Price Tag on HealthEdge

Apr 14 • Isabel O'Brien

Analyst Predicts Sycamore to Strip Assets, Close Stores at Walgreens

Mar 10 • Isabel O'Brien

Can PE Firms Own Utilities and Data Centers? Behind Blackstone’s $11.5B TXNM Take-Private

May 19 • Isabel O'Brien

BREAKING: Sycamore to Fund $24B Walgreens Buyout with 80%+ Debt

Mar 11 • Isabel O'Brien

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Insights

PE-Backed Companies Dominated Q1 2025 Debt Defaults

According to Fitch Ratings’ April 2025 U.S. Distressed and Default Monitor, of the 23 leveraged loan and high yield debt defaults seen, 15 were private…

May 8 •

Artificial Intelligence May Slash Operating Teams

Fewer operating professionals will be required to get the same (or better) outputs at the portfolio company level.

Apr 17 •

Why Most Portcos Are Far From Being ‘AI-Ready’

GPs’ expectations for generative artificial intelligence to drive business growth are high. Do they match portcos’ realities?

Mar 20 •

Higher US Employment Litigation Risk for Article 8 and 9 SFDR Fund Portcos

The EU law’s operational stipulations for sponsors could prove to be a double-edged sword at the portfolio company level — especially during Trump 2.0.

Mar 14 •

BREAKING: Sycamore to Fund $24B Walgreens Buyout with 80%+ Debt

The industry average for take-privates in Q4 2024 was 53%. Experts worry this puts Walgreens at a high risk of default and bankruptcy.

Mar 11 •

PE Ownership and Bankruptcy Link Strengthens in Healthcare, Retail for 2024

Companies in these sectors with private equity backing were far more likely to go bankrupt than their non-PE-backed counterparts, according to new…

Feb 13 •

Q&A

Apollo: “You Can’t Talk in the ESG, Alphabet-Soup Jargon” to CFOs

The firm’s ESG operational team believes the greatest impact on its portfolio won’t come through impact-coded language or hard, science-based targets…

Sep 26, 2024 •

“We’ve Moved Downmarket”: Behind Riverside’s Unique Roll-Up Strategy

Few companies consider deals below $5 million EBITDA – and even fewer launch roll-ups with an asset that small. But The Riverside Company does just…

Aug 29, 2024 •

Operations Are at the Core of Edison Partners’ Energy AI Deal

Edison Partners’ $15M deal with energy AI tool Seismos leaned on Edison Edge, the firm’s operations platform. Such a platform is a rarity for a lower…

Jul 11, 2024 •

Case Studies

Lessons Learned from 3G’s Historic Burger King Turnaround

Recent quarters have been a bloodbath for PE-backed restaurant chains. 3G’s stewardship of Burger King offers insights for operators.

Apr 4 •

Leonard Green’s Twice-Bankrupt JOANN: A Cautionary Tale?

Wrong industry, wrong time? Or a 13-year-long, PE-backed path to bankruptcy? We take a deep dive into Leonard Green’s troubled stewardship of the asset.

Feb 7 •

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