Petershill Cashes Out: $561M Harvest Stake Sale Marks Bold Exit in Private Equity Shakeup

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Who Is Harvest Partners?

Based in New York, Harvest Partners specializes in middle-market investments across North America, targeting companies with enterprise values ranging from $300 million to $5 billion. The firm has carved a reputation for value creation through strategic partnerships and disciplined investment practices.

Petershill’s 2025 Exit Parade

The Harvest sale is part of a broader narrative—Petershill’s 2025 fire-sale strategy—which has seen it unload stakes in multiple high-profile investment firms. To date this year, the firm has raised approximately $1.86 billion from asset sales, a striking 34% premium over their collective book value of $1.39 billion.

Among the highlights:

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  • In January 2025, Petershill divested the bulk of its holding in U.S. venture powerhouse General Catalyst for $726 million.

  • In November, it partially exited its position in Accel-KKR, a technology-focused firm, for $282 million.

  • In September, it fully cashed out of LMR Partners, an investment manager, in a deal valued up to $258 million.

These exits, including the current Petershill US PE Stake $561M move, reflect a deliberate portfolio recalibration—one that prioritizes liquidity, returns, and agility over passive ownership.