Among the notable developments in the run-up to the year-end holidays, Insight Equity Holdings LLC, the Texas-based mid-market private equity and growth capital firm, raised $309 million towards its target of $750 million for Insight Equity III LP. Similarly, Maranon Capital LP closed on $107.5 million for its sophomore mezzanine fund, two months after the firm raised $330 million for its second senior credit fund.
Since last going to print, Thomson Reuters, the publisher of Buyouts¸ tracked 63 new deals involving U.S. sponsors in the last three weeks. These added $6.8 billion to the overall value of deals, including net debt of target.
Notably, KKR & Co LP, through its KKR North American Fund XI LP and other undisclosed funds, acquired Brickman Group Ltd, a Rockville-based provider of commercial landscaping services, from Leonard Green & Partners LP, for $1.6 billion in cash, in a secondary buyout transaction.