Vestar Capital Launches $1.2B Continuation Vehicle for Circana (Blackstone, HarbourVest lead)

Vestar Capital and Windhover Capital Recapitalize Titan Frozen Fruit

January 5, 2023

Food & Beverage

Vestar Capital Partners and Windhover Capital provided a recapitalization to Titan Frozen Fruit, a Santa Maria, California-based frozen berry processor and value-added ingredient provider, with management and existing shareholders retaining a significant stake. The investment will provide financial backing to support Titan’s growth, internal expansion projects, product diversification and potential add-on acquisitions.

Valeas Capital Partners Acquires Majority Stake in Suntera Global

May 7, 2025

Financial Services

Valeas Capital Partners will acquire a majority stake in Suntera Global, the Jersey-headquartered provider of fund, corporate and private wealth services, with Palatine Private Equity exiting. Carlyle provided a financing package to refinance debt and support Suntera's growth; the deal is expected to close in the second half of 2025 as Valeas and management pursue digital transformation, capability expansion and further strategic acquisitions.

Bansk Group Extends Investment in Arcadia Consumer Healthcare via Continuation Fund

January 20, 2026

Consumer Products

Bansk Group closed a continuation fund to extend its partnership with Arcadia Consumer Healthcare, with the transaction co-led by Coller Capital and Ares Secondaries Funds and supported by investment funds managed by BlackRock, Churchill, Dextra Partners, and Future Standard. The continuation structure provided liquidity to existing investors and supplies capital to accelerate Arcadia's organic and inorganic growth across its portfolio of OTC medicines, vitamins, and personal care brands.

Renovus Capital Partners Closes $325M Continuation Fund to Recapitalize Four Portfolio Companies

February 27, 2024

Professional Services

Renovus Capital Partners closed a $325 million multi-asset continuation fund to recapitalize four portfolio companies — Aretum, ClinicalMind, Lockstep Technology Group and Phoenix East Aviation — enabling existing LPs to realize gains while providing rollover capital and an incremental $60 million for strategic acquisitions. The fund was anchored by leading limited partners including New 2ND Capital, RCP Advisors, Blackstone Strategic Partners, Montana Capital Partners, Unigestion and Arcano Partners; Jefferies served as exclusive financial advisor and DLA Piper as legal counsel.

Vestar Capital Partners Makes Investment in Tech24 with HCI Equity Partners and Management

October 5, 2023

HVAC & Mechanical

Vestar Capital Partners has joined Tech24 as a new investor alongside existing shareholder HCI Equity Partners and the company's management team in a sponsor recapitalization. The investment will fund Tech24's continued organic and acquisitive growth across new and existing geographies and end markets; Tech24 is a Greenville, South Carolina-headquartered leader in commercial foodservice equipment repair and preventive maintenance.

Sterling Investment Partners Completes Continuation Vehicle Recapitalization of XKIG

October 28, 2025

Industrial Services

Sterling Investment Partners closed a single-asset continuation vehicle recapitalization of XKIG, co-led by HarbourVest Partners, StepStone Group and ICONIQ, with additional funding from Churchill Asset Management. Sterling principals, Sterling's latest buyout fund and the XKIG management team also invested; the transaction provides capital to support XKIG's continued growth, geographic expansion and service capability investments.