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Deals

Trilantic Europe-backed Alete Bikes acquires Cicli Esperia

Alete Bikes, a portfolio company of Trilantic Europe, private equity firm focused on mid-market transactions in Europe, is to acquire Cicli Esperia. The Zanaga and the Turato families, founders of Cicli Esperia, will become minority shareholders of Alete Bikes. Cicli Esperia, based in Cavarzere (Italy), is a manufacturer of bikes

Providence to acquire Airties

Providence Equity Partners (Providence), a private equity firm that specialises in growth-oriented investments in media, communications, education and technology is to acquire Airties, a provider of cloud-based managed Wi-Fi solutions to operators globally. Providence’s investment will assist Airties with accelerating growth into new markets globally, as well as funding additional

One Equity Partners to sell Rizing to Wipro

One Equity Partners (OEP), a middle market private equity firm, is to sell Rizing LLC (Rizing), a leading SAP-focused provider of IT systems integration and implementation services, to Wipro Limited, a multinational IT services and consulting company. Headquartered in Stamford, Conn., Rizing specialises in value-added products and IT business process

Clearlake Capital and TA Associates acquire Kofax from Thoma Bravo

Cearlake Capital (Clearlake) and TA Associates (TA) are to acquire Kofax, a provider of intelligent automation software to facilitate digital workflow transformations from software investment firm Thoma Bravo. Upon closing of the transaction, Clearlake and TA will become majority shareholders in Kofax. Financial terms of the deal, which is expected

Thomas H Lee Partners leads $130m funding round in IoT automation specialist KINEXON

KINEXON, a specialist in connected and automated processes, has closed a $130 Million Series A fundraise led by private equity firm Thomas H Lee Partners (THL). BMW i Ventures and Telekom Innovation Pool (TIP), Deutsche Telekom’s strategic investment fund provided co-investments. KINEXON will leverage the investment to accelerate the development

Nordic Capital-backed Signicat acquires Sphonic

Signicat, a provider of digital identity and electronic signature solutions, is acquiring all shares in the UK-headquartered anti-fraud company Sphonic for an undisclosed sum. Existing management shareholders will reinvest a substantial part of the consideration into Signicat.    Sphonic was founded in London in 2012 and is a pioneer in

New State Capital Partners acquires Patuxent Roofing & Contracting

New State Capital Partners (New State) has acquired a majority stake in Patuxent Roofing & Contracting, an independent provider of re-roofing installation and services. New State is partnering with current owner and CEO Mike Gowl, who will remain with the company and retain a significant equity stake.  Terms of the

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