Hudson Hill closes CV for InXpress; Warburg Pincus, Berkshire Partners to sell Consolidated Precision Products to GE Aerospace for $11.75bn - PEI Private Equity

Hudson Hill Capital has closed a single-asset continuation vehicle for InXpress, an international and domestic parcel and freight services provider, according to PEI Private Equity. Single-asset continuation vehicles allow a general partner to move an existing portfolio company into a new vehicle, typically giving existing investors the option to sell or roll their stakes while offering new capital the chance to back the asset for a further holding period.

In a separate transaction, Warburg Pincus and Berkshire Partners agreed to sell Consolidated Precision Products to GE Aerospace for $11.75 billion. The sale represents one of the larger private-equity exits reported in the period and is a notable data point for sponsors seeking strategic buyers in aerospace and precision manufacturing.

PEI also reported that Altaline Capital Management completed a growth investment in Risk & Regulatory Consulting. The source article is a brief roundup with limited detail on the terms of that investment, and additional deal specifics were not disclosed in the material reviewed.