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Deals & Transactions

QuantConnect deploys cloud optimisation for algo trading parameter testing

United E&C (United), an infrastructure engineering, procurement, construction and consulting company, formerly the Power Construction division of AECOM (ACM), has launched as an independent company following the closing of AECOM’s sale of United to affiliates of CriticalPoint Capital (CPC). “United continues our 115-year heritage of providing end-to-end engineering and construction

StarCompliance secures Significant Growth Investment from Marlin Equity Partners

StarCompliance (Star), a provider of employee compliance and regulatory technology solutions to the financial services industry, has secured a majority-control, growth equity investment from Marlin Equity Partners (Marlin).  The transaction enables Star to further expand its leadership position within the global compliance market by accelerating product innovation and supporting the

Paxos raises USD142m in Series C funding

Paxos, a regulated blockchain infrastructure platform, has closed a USD142 million Series C round of funding.  Declaration Partners, the investment firm backed by the family office of David M Rubenstein, led the round, which includes investments from Mithril Capital, PayPal Ventures, RIT Capital Partners plc, Ken Moelis, Alua Capital, Senator

Odyssey Investment Partners to acquire Protective Industrial Products

Odyssey Investment Partners (Odyssey) is to acquire Protective Industrial Products Inc (PIP), a global supplier of personal protective equipment (PPE) and industrial safety products, from Audax Private Equity.  Financial terms of the transaction were not disclosed. PIP, founded in 1984, offers a broad suite of the most recognised PPE products

Levine Leichtman Capital Partners sells Pacific Handy Cutter

Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, has sold its portfolio company Safety Products Holdings, LLC, the parent company of Pacific Handy Cutter (PHC), to Bertram Capital. PHC is the leading supplier of specialised safety cutting tools and replacement blades to a diverse range of end

Hg invests in Geomatikk Group

European software investor Hg has made an investment in Geomatikk Group (Geomatikk), a tech-enabled services provider, managing critical ‘check-before-you-dig’ safety assessments to network owners, contractors and consulting engineers within Norway, Sweden and Finland.  Hg will support Geomatikk with its extensive experience in scaling tech champions across Europe. Hg will become

Gryphon Investors acquires PRN

Gryphon Investors (Gryphon), a middle-market private equity firm based in San Francisco, CA, has acquired Physical Rehabilitation Network (PRN) from Silver Oak Services Partners (Silver Oak).  Silver Oak will make an investment in the newly recapitalised company, and PRN’s management team will remain with the Company and retain an equity

Eurazeo completes investment in Questel

Eurazeo Capital has completed its investment in Questel alongside IK Investment Partners, Raise Investissement and the management team. The transaction involved the purchase of 100 per cent of Questel’s capital. Questel is a major intellectual property solutions provider that operates worldwide and employs 900 people in 30 countries, developing SaaS

Avista Capital Partners to acquire Solmetex

Avista Capital Partners (Avista), a private equity firm focused exclusively on healthcare, is to acquire Solmetex, a provider of amalgam separators and other waste compliance products to the US and Canadian dental industries. Terms of the transaction have not been disclosed. For over 25 years, Solmetex has been an innovator

3di acquires Investment Data Licensing Advisors

3d innovations (3di), a data management solutions company, has acquired Charlotte-based Investment Data Licensing Advisors (IDLA), a market and investment data licensing advisory firm serving the US market.  The acquisition follows demand from investment firms and market data vendors for more bespoke and creative solutions that leverage best practices when

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