Insights

Private Equity – March 2022 Investment Trends

The trending private equity investment sectors for March 2022 were Artificial Intelligence, Cybersecurity, Manufacturing, and Software.

Sample transactions for each category are highlighted below.

Artificial Intelligence

HKW invested in Draup (The Woodlands, TX, US), a provider of AI-driven data intelligence solutions for corporate leaders across sales & marketing, and human resources.

Morgan Stanley Expansion Capital invested in Phrasee (London, UK), an AI-powered SaaS natural language generation platform for online marketing.

Sixth Street Growth invested in Emplifi (Columbus, OH, US), a provider of AI-driven customer engagement, digital self-service, and first-party consumer data management software that allows brands to effectively manage and respond to unstructured consumer-initiated interactions across multiple channels.

Cybersecurity

Permira, Crosspoint Capital Partners and Advent International invested in McAfee (Santa Clara, CA, US), a cybersecurity software firm.

Manufacturing

Altus Capital Partners invested in Winsert (Marinette, WI, US), a manufacturer and provider of corrosion resistant, wear-resistant and high temperature alloys for various applications within internal combustion engines, aerospace, emission controls, industrial valves, and food processing.

One Equity Partners invested in Norit Activated Carbon (Boston, MA, US), manufactures a broad portfolio of activated carbon products used for purification needs.

Balmoral Funds invested in Resco Products (Pittsburgh, PA, US), a manufacturer of value-added refractory solutions. Its product offering includes bricks, monolithics, pre-cast shapes, cartops, and clays & minerals.

Software

Strattam Capital invested in Intellect (Los Angeles, CA, US), a provider of highly flexible compliance management software.

Frontier Growth invested in Wealthbox (Providence, Rode Island, US), a CRM software platform for financial advisors.

Hellman & Friedman invested in Splunk (San Francisco,, MA, US), a software platform that enables customers to collect, index, search, monitor, and analyze data at enterprise scale across security, IT, and DevOps use cases.
Private Equity Transactions

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