PE Tech Report

Latest News

New York-based private equity firm Behrman Capital has acquired Vista Apex, a US manufacturer of consumable dental products for preventative oral hygiene, endodontics and restorative dentistry, from Philadelphia-based private equity firm Inverness Graham. 
US private equity firm Compass Group Equity Partners has closed Compass Group Fund III and hit its hard cap of $408m, the firm’s second oversubscribed fundraising in two years.
US private investment firm Littlejohn & Co has hired Farrukh Bezar as an Operating Advisor. Bezar joins from his role as Senior Vice President and Chief Strategy Officer at CSX Corporation, a US holding company focused on rail transportation and real estate. 
Triton Partners’s Triton Smaller Mid-Cap Fund I has agreed to sell European consumer data collection platform Nemas Holdco (Norstat) to Swedish private equity firm Nalka Invest, with Danish investment firm Kirk Kapital acting as a large minority shareholder. 
Lone View Capital, an LA-based private equity firm investing in the technology sector, has held final close of its inaugural fund, Lone View Capital Fund I with total committed capital of $850m, bringing the firm’s AUM to approximately $1.1bn.
Titanbay, a European private markets investment platform for private banks, wealth managers and investment advisors, has appointed Ossama Soliman as Chief Executive Officer. Thomas Eskebaek, Co-Founder and outgoing CEO, will join the platform’s board of directors. 
Alliance Bidco, a limited company indirectly owned by Symphony Technology Group, a $10bn US private equity firm focused on data, software and analytics, has agreed to an all-cash £146.7m take-private of Gresham Technologies, a UK fintech specialising in solutions for data integrity and control, banking integration, payments and cash management. 
Global investment bank Houlihan Lokey has appointed Dr Ashish Patel as a Managing Director within its capital markets group in expanding its equity private placement capability and presence in Europe. Patel will be based in London. 
French private equity firm Eurazeo has launched Eurazeo Private Value Europe 3, a vehicle that enables fundraising via private banks, family offices and asset management advisors across Europe, as part of the €35bn firm’s partnership with private equity investing platform Moonfare. 
Funds advised by mid-market private equity firm Equistone Partners Europe will sell their majority stake in Sport Group, a German manufacturer of artificial turf and synthetic outdoor sports and leisure surfaces, to New York-based private equity firm KPS Capital Partners. 

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