Most investors agreed that the technology sector remains relatively resilient to the disruption caused by the global pandemic, although B2B software companies are likely to experience different implications based on the exposure of the end-market they are serving.
HGGC sees opportunities to back dislocated assets in the public markets and also eyes win-win partnership transactions.
While Varma is supportive of a shutdown, he said the medical damage to patients with other diseases is going to become insurmountable.
As one of few to lock down financing amidst the covid-19 turmoil, the PE firm’s specialty materials company Kymera manages to clinch a sizable add-on.
Navacord, a portfolio company of Madison Dearborn Partners, has acquired Richmond Hill, Ontario-based Benemax Financial Group, a benefits management company.
Canadian mid-market private equity firm Fulcrum Capital Partners has sold Verdant Environmental Technologies to Emerson.