Browne Jacobson’s Corporate Technology team has advised Agilico Bidco Limited (Agilico), a workplace technology business, on its acquisition of the entire issued share capital of Diamond Group (Holdings) Ltd for an undisclosed sum.
Deals & Transactions
Immersive Labs, the company empowering organisations to measure and improve cybersecurity skills across technical and non-technical teams, has closed a USD75 million Series C funding round led by new investors Insight Partners alongside Menlo Ventures, Citi Ventures and existing investor Goldman Sachs Asset Management.
Aksiom Services Group, a partnership between Ara Partners and the Aksiom Group, has acquired Anesco Holdings, the parent company of the Anesco Group, for an undisclosed sum.
The Heubach Group (Heubach), in partnership with SK Capital Partners (SK Capital), is to acquire Clariant’s Pigments Business (Clariant Pigments).
Fresha, a beauty and wellness software platform, has secured USD100 million in a Series C investment round led by General Atlantic, a global growth equity firm, with strategic participation from Huda Kattan of HB Investments and the founder of Huda Beauty, as well as Michael Zeisser of FMZ Ventures, former Chairman Investments at Alibaba Group, and Jonathan Green of Lugard Road Capital.
Globeleq, Africa’s independent power producer, and the Private Infrastructure Development Group (PIDG), the infrastructure development and finance organisation, have officially broken ground on a 9MWp solar and 7MWh storage power project at Cuamba in northern Mozambique, bringing clean power and jobs to the region.
Paul Hastings LLP, a global law firm, is advising Six BidCo Ltd (a wholly-owned indirect subsidiary of investment funds managed by PineBridge Benson Elliot) on its acquisition of Sigma Capital Group plc, a provider of Private Rented Sector housing in the UK.
The pan-European private equity firm Silverfleet Capital, through one of its portfolio companies, Electrum Holding Sàrl, has entered into an exclusivity agreement with Element Solutions Inc, for the purpose of the sale of its stake in Coventya, an international specialty chemicals business headquartered in France, generating a 2.5x gross money multiple. Completion of the transaction is expected to occur by Q3 or Q4 2021.
Fresha, a beauty and wellness software platform, announced today a USD100 million Series C investment led by General Atlantic, a global growth equity firm, with strategic participation from Huda Kattan of HB Investments and the founder of Huda Beauty, as well as Michael Zeisser of FMZ Ventures, former Chairman Investments at Alibaba Group and Jonathan Green of Lugard Road Capital.
By Chris Gauld, director, Equator – A positive repercussion of Covid-19 has been the massive uptick in the interest in healthy activities and healthy living. Exercise equipment sales in the UK have spiked 5,800 percent during the pandemic, while corporate wellbeing investments, ranging from free gym memberships through to mental health and general wellness services, are on the rise too.