Vast Broadband (Vast), a provider of gigabit-speed broadband, video, and phone in South Dakota and Minnesota, is to be acquired by GI Partners, a US-based investor in data infrastructure businesses, in partnership with industry veteran Rich Fish.
Deals & Transactions
Kainos Capital, a private equity firm focused exclusively on the food and consumer industry, is to acquire Nutrisystem, a direct-to-consumer nutrition and weight management brand, from Tivity Health for USD575 million.
Funds managed by CapVest Partners (CapVest), an international private equity firm, have agreed to acquire Datasite Global Corporation (Datasite), a global Software-as-a-Service (SaaS) provider across the deal lifecycle.
Prometheus Group, a global provider of asset management operations and optimisation software, has acquired Utopia Global, a data solutions company known for its end-to-end data quality, data migration and data governance solutions.
Gulf Capital has acquired a significant majority stake in the CWB Group (CWB), an intellectual property services provider across the Middle East and North Africa (MENA).
Pimloc, a visual privacy and security company, has closed GBP1.4 million in new financing in a seed funding round led by Amadeus Capital Partners with participation from Speedinvest and existing shareholders.
SDCL Energy Efficiency Income Trust (SEEIT), the first UK-listed investment company of its kind to invest exclusively in the energy efficiency sector, has agreed to acquire a 100 per cent interest in Värtan Gas Stockholm AB (VGSAB), the ultimate owner of the established, operational and regulated gas distribution network for Stockholm, Sweden, involving an equity investment of approximately GBP100 million.
Tech-focused private equity firm Thoma Bravo is to acquire a controlling interest in AxiomSL, a provider of cloud-enabled risk management and regulatory solutions for banking, investment management, broker dealers and commodity trading institutions.
Mid Europa Partners, a private equity investor focused on Central and Eastern Europe, is to sell 24 per cent of the issued share capital in Waberer’s International Nyrt (Waberer’s) to Trevelin Holding Zrt (Indotek).
Topas Therapeutics (Topas), a Hamburg, Germany-based private platform company leveraging the natural immune tolerance induction capabilities of the liver, has closed a EUR22 million (~USD26 million) Series B financing round.