Apr 21, 2023 | GroveStreet, In the News
Atlas Holdings exits its investment in International Wire Group (“IWG”), a leading designer and manufacturer of highly-engineered copper-based wire products with operations across the US and Europe. Atlas acquired IWG in April 2019 and transformed the business, unleashing strong growth and driving operational excellence. Olympus acquired IWG for $900M and Atlas will continue as a minority investor. GroveStreet first became an Atlas Holdings LP in 2014. Read more about the deal here: https://www.privateequitywire.co.uk/2023/04/21/320302/olympus-pay-900m-wire-maker-iwg
Mar 17, 2023 | GroveStreet, In the News
KPS Capital Partners (KPS) completes the sale of Howden, a leading global provider of mission critical air and gas handling products and services, to Chart Industries for $4.4B in cash. The strategic acquisition expands Chart’s offering across clean power, water, food and industrials. KPS first invested in Howden in September 2019. GroveStreet first became a KPS LP in 2003. Read more about the deal here: https://www.globenewswire.com/news-release/2023/03/17/2629484/0/en/Chart-Industries-Completes-the-Acquisition-of-Howden.html
Mar 1, 2023 | GroveStreet, In the News
La Jolla, California – Managing Partner Bruce Ou led a discussion about investment opportunities in biotech at the PPI Winter Roundtable with venture investor Rachel Lane, Ph. D. of Versant, biotech entrepreneur Enoch Kariuki, and Morgan Stanley’s Head of Biotech Research, Matthew Harrison. Watch a summary of the discussion below.
Nov 18, 2022 | GroveStreet, In the News
HELSINKI, Finland – Managing Partner Bruce Ou led a discussion at Slush 2022 with Ash Egan of Archetype Fund, Philip Chopin of NEA, Anttoni Aniebonam of Veri, and Nathan Benaich of Air Street Capital. The group explored “Technologies that expand the TAM of venture,” delving into the global reach of computational biology, digital health, and web3 applications, among other innovations. The session was hosted by Tesi and Keva.
Slush is one of the largest global tech events, held annually in Helsinki, Finland. Born out of a student-driven, not-for-profit movement on a mission to create and help the next generation of groundbreaking entrepreneurs, Slush is now the world’s largest annual gathering of venture capital. Each year, the event brings together 2,600 investors representing over $1 trillion of AUM, 4,600 founders and operators of startups spanning industries and stages, and over 12,000 total attendees.