Great Hill partner Rafael Cofiño says adding Warburg as an investor will “help solidify Quantum Health’s position as a category-defining business that changes the way consumers experience the healthcare decision-making process.”
Morgan Stanley buys Eaton Vance, as it expands into asset management. Former Sun Capital executives form new PE firm that will invest in struggling businesses. L Catterton backs NordicTrack maker.
The deal for 58.com, led by CEO Jinbo Yao, follows more than two months of negotiations after the company said it received a buyout proposal.
M&A wrap: Apollo, Hertz, Panasonic in deal news, plus coronavirus survey results and Rising Stars nominations due
May 22 is the deadline to submit nominations for Rising Stars of Private Equity 2020. Hertz runs into crunch, as travel restrictions force people to drive. Apollo raises new dislocated credit fund to take advantage of market volatility Warburg Pincus and Bain make coronavirus-related deals.