Ara Partner, the majority shareholder in bio-based ingredients firm BioVeritas, has committed $65 million in additional capital to support the rapid commercialisation of the company’s production process for clean-label food and feed ingredients, gut health supplements, and industrial materials.  Ara Partners acquired BioVeritas in 2021 and recruited David Austgen, a

Sverica Capital Management (Sverica) has sold its portfolio company iWave to private equity firm Incline Equity Partners (Incline), ending a five-year partnership during which the fundraising intelligence specialist tripled in size. Founded in 1991 and headquartered in Charlottetown, PE, Canada, iWave provides education, healthcare, and nonprofit organisations with an intuitive

ConnexPay, a payments technology company that integrates payments acceptance and issuance inside a single platform, has secured a $110 million growth equity investment led by FTV Capital, a sector-focused growth equity investor.  Previous ConnexPay investors also participated in the round.  The funding will enable ConnexPay to drive international expansion in

SilverEdge Government Solutions (SilverEdge), a provider of cybersecurity, software, and intelligence solutions for the defence and intelligence communities and a portfolio company of Godspeed Capital, has acquired Counter Threat Solutions (CTS), a provider of all source and counterintelligence analysis, identity intelligence, and enterprise IT and data management solutions.  Founded in

Warburg Pincus is making its largest investment to date in the Asian insurance sector with the commitment of $350 million to set up Oona Insurance, a Southeast Asian digital general insurance platform, according to a report by Reuters. The report cites a statement by Warburg Pincus as confirming that the

CVC Capital Partners Fund VIII is to acquire 50% of Gridspertise, a smart grid OEM serving electricity infrastructure operators owned by the Enel Group through Enel Grids. Gridspertise is an energy transition enabler, providing essential hardware, software and services to electricity infrastructure operators. Its products help customers transform traditional electricity

Investment funds managed by Morgan Stanley Capital Partners (MSCP), the middle-market focused private equity team at Morgan Stanley Investment Management, have completed an investment in Emler Swim School (Emler or the Company).  MSCP is partnering with the current management team and investor group led by Emler Chief Executive Officer Greg