Blackstone and Vista Equity Partners have agreed to buy Energy Exemplar, an Australian provider of energy market simulation software, in a deal believed to be worth more than $1bn. The company’s platform aims to help energy market participants optimize decision-making across both new asset development and existing operations. The company has grown at 30% CAGR since 2018, and currently serves over 500 customers in 79 countries.
KKR has completed its $1.62bn buyout of US book publishing major Simon & Schuster from Paramount. The company publishes more than 36,000 fiction and non-fiction titles across physical, digital and audio, and saw double-digit revenue growth in Q1 of this year. KKR said it planned to extending the company’s domestic publishing program across genres and categories, expand its distribution relationships and accelerate growth in international markets.
Princeton Equity Group, a private equity firm focused on the franchisor and multi-unit industry, has completed a strategic investment in Pirtek. The company is a franchisor of hydraulic hose repair and replacement services. Pirtek’s 145 locations and roughly 400 mobile units serve over 35,000 customers across the US and Canada.
Boyne Capital has invested in ProFusion Industries, a designer, engineer and manufacturer of polymer-based film and sheet products for a variety of end markets. ProFusion manufactures products that serve end markets including hospitality, transportation, military, general matting and industrial. Boyne Capital, a Florida-based private equity firm, was founded in 2006.
