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Deals

Callsign raises USD35m Series A led by Accel and PTB Ventures

Callsign, an artificial intelligence-based authentication platform, has raised USD35 million in a Series A investment round led by global venture capital firm Accel and early-stage investor PTB Ventures. Allegis Capital and cybersecurity industry veteran David DeWalt’s NightDragon Security also participated in the round.   With the proliferation of data breaches,

One Equity Partners acquires Lutech

Private equity firm One Equity Partners (OEP) has acquired Lutech from Laserline, the majority shareholder, and 16 other minority shareholders. Terms of the transaction have not been disclosed. Lutech is a mid-sized IT system integration and solutions provider to medium and large Italian private and public-sector clients, with a diversified

Equistone in negotiations with Weinberg Capital Partners over Bruneau acquisition

Private equity investor Equistone Partners Europe (Equistone), has entered into exclusive negotiations with Weinberg Capital Partners (Weinberg) for the acquisition of Bruneau. The transaction remains subject to regulatory approval and consultation with employee representative bodies.   Bruneau is one of France’s leading online distributors of office furniture and supplies. Founded

Newgate acquires Arle Capital Partners

Newgate Private Equity has agreed to acquire Arle Capital Partners Limited (ACPL), manager of the Candover 2005 and Candover 2008 Funds, as well as various co-investment vehicles. Following completion ACPL, under Newgate’s ownership, will continue to manage the remaining investment in Expro International Group Holdings Limited (Expro), and oversee the

Hollie Haynes, Luminate

Luminate makes StarCompliance investment

StarCompliance, a provider of enterprise compliance and regulatory software solutions for the financial services industry, has secured an investment from Luminate Capital Partners, a San Francisco-based private equity firm, to support its global growth strategy. StarCompliance’s software platform helps financial services institutions manage, prevent, detect, report and resolve employee conflicts

ATM specialist Cennox buys European business of 3SI Security Systems

Banking solutions company Cennox has bought the European business of 3SI Security Systems (3SI), a specialist in asset protection and GPS tracking technology. The acquisition follows Cennox’s purchase of Diebold UK & Ireland in June – a leading ATM maker – after receiving an additional investment from its equity partner

Advent International to acquire significant stake in Dixcy

Private equity investor Advent International is to acquire a significant ownership interest in Dixcy Textiles Pvt Ltd (Dixcy), an innerwear brand in India. Dixcy’s Founder and Managing Director, Prem Prakash Sikka, will retain a stake in the company and continue as the Chairman following the completion of the transaction. Financial

Irish Infrastructure Fund to acquire majority stake in enet

The Irish Infrastructure Fund (IIF), managed by Irish Life Investment Managers and AMP Capital, is to acquire a 78 per cent stake in Ireland’s largest wholesale-only carrier, enet. IIF will form a partnership with existing shareholder Granahan McCourt Capital, a worldwide investor in telecoms and media infrastructure. Granahan McCourt Capital’s

KKR partners with LS Group

KKR is to partner with Korea’s LS in LS Automotive (LSA), an electrical auto parts maker for the global automotive industry. In addition, KKR will acquire LS Group affiliate LS Mtron’s (LSM) copper foil and flexible copper clad laminate business (CF/FCCL business). Under the terms of the agreement, an affiliate

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