TPG Growth has agreed to acquire Russellville, Arkansas-based Denali Water Solutions, a provider of specialty waste and environmental recycling and disposal services.
The deal concludes a Harris Williams-run process for the medical communications firm
The Boca Raton, Florida, firm eyes potential opportunities for investment in eyecare, behavioral health and across the orthopedic supply chain.
The firm has engaged in conversations with financial advisors regarding strategic options for Infoblox, sources familiar with the matter said.
TA Associates also invested new capital in the company out of newly raised TA Select Opportunities fund
Shea & Company, a Boston-based boutique investment bank specializing in software M&A, is advising the company on its sale.
The pending deal for the Chicago company concludes a William Blair-run process.
Lazard has been engaged to advise the company on its anticipated sale process, which is expected to kickoff in Q2.
While many traditional PE shops are busy assessing the potential impacts of covid-19 on their portfolios, a few are turning to their companies to develop vaccines and tests to curb the spread of coronavirus.
Five bidders were in the mix during the auction's latest round, but it's uncertain who will move forward.