Market At A Glance

Among the developments in the past two weeks, Petra Growth Fund III closed on $230 million, while the KPS Special Situations Fund IV LP closed on $3.5 billion.

On the deal front, Thomson Reuters, the publisher of Buyouts, tallied 38 new deals among U.S. sponsors during the latter part of May. Notable among them were the $308 million take-private of AmerisourceBergen, a Rockford, Illinois-based provider of packaging services to pharmaceutical companies, by a group of investors including Greenspring Associates Inc, QIC Global Private Equity, Thomas McInerney & Partners and Frazier Healthcare VI LP.

Among those transactions that reported terms, the total value so far in 2013 is $32.8 billion, up from $28.5 billion at this point last year.