The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Equity Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.

Transactions / G•••• E••••• I•••••••• V•

AlpInvest and L•••••• G•••• Close $2 Billion C••••••••• Fund

Add-on acquisitionannouncedadd-onannounced Dec 21, 2023Fact
What happened
Platform
T•• C••••••••• F•••add-on basis: AlpInvest Partners (“AlpInvest”), a subsidiary of global investment firm Carlyle (NASDAQ: CG), today announced the closing of its lead investment in a $2.2 billion C••••••••• Fund sponsored by L•••••• G•••• • P•••••••• L••• (“LGP”).
Control
Control
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
7 named
Buy side
  • J••••••• S•••••••, Managing Partner of LGP, said, “We are excited to partner with AlpInvest and to continue our partnership with the management teams of SRS, ExamWorks, Veritext, and Troon.
  • Form ADV reports 'G•••• E••••• I•••••••• C• I•• • B• L•' (first reported 2024-03-29) under the sponsor, named for G•••• E••••• I•••••••• V•
  • AlpInvest Partners (“AlpInvest”), a subsidiary of global investment firm Carlyle (NASDAQ: CG), today announced the closing of its lead investment in a $2.2 billion C••••••••• Fund sponsored by L•••••• G•••• • P•••••••• L••• (“LGP”).
  • AlpInvest Partners (“AlpInvest”), a subsidiary of global investment firm Carlyle (NASDAQ: CG), today announced the closing of its lead investment in a $2.2 billion C••••••••• Fund sponsored by L•••••• G•••• • P•••••••• L••• (“LGP”).
Advisory side
  • E•••••••Buy-side adviserconfirmed
    E••••••• served as exclusive financial advisor to LGP, with Gibson Dunn & Crutcher LLP serving as LGP’s legal counsel.
  • R•••• • G••• L••Legal adviserconfirmed
    R•••• • G••• L•• served as legal counsel for AlpInvest Partners.
Side not stated
  • T•• C••••••••• F••• was established to acquire four portfolio companies across G•••• E••••• I•••••••• V• (“GEI VI”) and G•••• E••••• I•••••••• V•I (“GEI VII”).
Evidence
T•• C••••••••• F••• was established to acquire four portfolio companies across G•••• E••••• I•••••••• V• (“GEI VI”) and G•••• E••••• I•••••••• V•I (“GEI VII”).
AlpInvest and L•••••• G•••• Close $2 Billion C••••••••• Fund | Private Equity Intelligence | DFX