Features

Consumer-focused buyout house L Catterton has sold its stake in woman sportswear brand Sweaty Betty to Wolverine World Wide.

Global buyout major TA Associates has hired five new vice presidents to be based in Boston and Menlo Park.

Broadtree Partners, which stylises itself as an operator-centric private equity firm, has acquired Sayres and Associates, a provider of support services to the Department of Defense.

China-based venture capital Vitalbridge Capital is said to have hit a first close of $200m for its second US dollar-denominated fund just one year after the final close of Fund I.

Reese Witherspoon-founded Hello Sunshine has received funding from buyout giant Blackstone and an unnamed, newly formed media company run by entertainment executives.

Gresham House Ventures has agreed to sell its stake in Vietnamese street food restaurant chain Pho on behalf of the Baronsmead venture capital trusts.

Sustainable and impact Bridges Fund Management has sealed a 2.5x return by exiting part of its stake in Healthfull Holdings, parent company of UK gluten-free snacks maker Wholebake to fellow private equity house Elysian Capital.

Lower mid-market focused private equity house Lonsdale Capital Partners has made the second exit in the week by selling Cross Rental Services to Elysian Capital, marking its fourth exit this year.

Global buyout giant KKR has hired Michaela Wood from CVC Capital Partners as director. Wood will join the EMEA private equity team to work on UK coverage and support investments in the business services sector in Europe.

Fintech startup Titanbay has hired Alex Bozoglou as head of investments to bolster its fund offering capabilities. Bozoglou will lead on fund selection, portfolio construction and deepening the relationships with GPs.