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Deals

HCI Equity Partners-backed Tech24 acquires Allied Service Group

Tech24, backed by HCI Equity Partners, has acquired Allied Service Group (Allied), a provider of repair services, preventative maintenance and installation for foodservice and HVAC equipment, servicing restaurants, grocery stores and institutions in Southwest Tennessee and Northern Mississippi. Tech24 is a provider of repair and maintenance services for foodservice and

abrdn invests in Dorset-based Wessex Internet

abrdn’s Core Infrastructure team has agreed to make a major equity investment in Wessex Internet. The investment will help to accelerate the deployment of Wessex Internet’s full fibre-to-the-home network across rural parts of the South West of England.  abrdn will work together with Wessex Internet’s founders to support their vision

Blackstone acquisition values sunscreen brand Supergoop at up to $700m

Blackstone’s growth fund has bought a majority stake in sunscreen brand Supergoop at a $600 million to $700 million valuation, according to a report by Private Equity Insights. The senior management of Supergoop, including founder Holly Thaggard and Chief Executive Officer Amanda Baldwin, will retain significant equity ownership after the

Traditum makes £1.75m investment in Sniffers Pet Care

Yorkshire-based Private Equity House, Traditum has made a £1.75 million investment in Halifax-based Sniffers Pet Care. The funding will allow Sniffers to build on its established relationships, support the rollout of new brands and product ranges and will enable them to invest in new manufacturing and distribution roles at its

Esas Private Equity leads €11m OPLOG funding round

One of Turkey’s leading tech-enabled fulfilment companies, Istanbul-based OPLOG, has raised €11 million in a pre-series A funding round led by Esas Private Equity, The funding will be used to fuel the company’s expansion plans including plans to open its first fulfilment centre in the UK by the end of

PlanetWatchers raises $11m funding to drive expansion plans

PlanetWatchers, a revolutionary crop monitoring company that can provide detailed crop insights, at any time, regardless of weather and lighting conditions, has raised $11m as part of its series A funding round as part of the Company’s ambitious growth plans. PlanetWatchers is a technology company that uses advanced machine learning

One Equity Partners to acquire core operating assets of Muehlhan AG

One Equity Partners (OEP), a middle market private equity firm, is to acquire the core operating assets of Muehlhan AG , a global provider of surface protection solutions catering to the marine, infrastructure and offshore wind energy industries.  Financial terms of the private transaction have not been disclosed.    Founded

Pentair considers potential sale of industrial solutions business

Pentair is looking at possible options to sell part of its industrial solutions business, Bloomberg has reported quoting unnamed sources, with any sale expected to interest private equity firms.  The industrial company which produces water pumps, pool equipment, agricultural products and other water-related equipment, is working with an advisor on

BPEA exploring $8bn merger of two business services portfolio companies

Baring Private Equity Asia (BPEA) is said to be looking to merge two of its portfolio companies – Tricor and Vistra – to create a new company at a valuation between $7 billion and $8 billion, according to a report by Bloomberg. Tricor provides business expansion services including accounting and

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