MARKET AT A GLANCE

The latest figure reflects Pine Brook Partners’ successful completion of fundraising for its latest investment vehicle. The energy and financial services specialist surpassed its $2 billion target on its second fund, and raised $2.43 billion after spending less than two years marketing the fund.

Similarly, H.I.G. Capital LLC has closed its sophomore fund for mid-market buyouts, H.I.G. Middle Market LBO Fund II, at its hard cap of $1.75 billion, above its target of $1.6 billion.

Thomson Reuters, the publishers of Buyouts, tracked 48 transactions involving U.S.-based financial sponsors from Feb. 3 to Feb. 14. Eight of these deals reported financial terms and had an aggregate value of $3.7 billion.

In a leveraged buyout transaction, Apollo Global Management LLC acquired the entire share capital of CEC Entertainment Inc, an Irving-based owner and operator of restaurants and entertainment centers, via a tender offer, for $54 million in cash, or a total value of almost $1.3 billion including net debt of target.