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Deals

Groundworks acquires BQ Basements & Concrete

Cortec Group-backed Groundworks has acquired BQ Basements & Concrete (BQ). BQ is the seventh acquisition completed by Groundworks since Cortec Fund VII’s investment in January 2020. Terms of the transaction have not been disclosed.  This is Groundworks’ third acquisition in Pennsylvania this year, following Baker’s Waterproofing in Pittsburgh and I’m

Fluitron acquires Bethlehem Hydrogen

Fluitron, an industrial gas compression manufacturer, has acquired Bethlehem Hydrogen (BHI), a manufacturer of integrated hydrogen compression, dispensing, and storage systems.   Ara Partners (Ara), a private equity firm focused on industrial decarbonisation, sponsored Fluitron’s acquisition.  Terms of the transaction have not been disclosed.   Founded in 2009, BHI maintains

Female Invest closes GBP3.3m funding round

Female Invest, an EdTech platform and community which empowers women by increasing their understanding of personal finance and investing, has closed a GBP3.3 million funding round from a syndicate of prominent investors including Y Combinator and Dr Fiona Pathiraja.  Female Invest was founded in 2019 by Emma Due Bitz (26),

E Source acquires battery technology specialist Cairn ERA

Align Capital Partners’ (ACP) utility market intelligence, data science and consulting platform E Source has acquired Cairn ERA (Cairn).   Founded in 2015 by Sam Jaffe, Cairn is a global market intelligence firm specialising in battery storage. Cairn expands E Source’s existing subscription and consulting services through a robust contextual

Alfa eCare enters Finnish daycare software market with Daisy acquisition

Healthcare software provider Alfa eCare, backed by Main Capital Partners, has entered the Finnish market for childcare software with the acquisition of Daisy.  Daisy, flagship label of software company WhileOnTheMove, is active in the Finnish municipality ecosystem providing software solutions for early childhood education and daycare. Daisy is the third

3i Group receives proceeds of cGBP146m from sale of Basic-Fit shares

3i , and funds managed by 3i, have sold 4.5 million shares in Basic-Fit, a European specialist in the value-for-money fitness market, at a price of EUR44.25 per share. As part of this transaction, 3i Group has reduced its stake from 11.6 per cent to 5.7 per cent and received

RSK acquires four new businesses

Following government focus on low carbon heating roll-out, RSK Group Limited, an integrated environmental, engineering and technical services business, is further strengthening its offering with the acquisition of four businesses across the environmental services sector. New businesses Carbon Zero Consulting, Envireau Water, Enviroflow and Streetwise are the latest in a

MacNeill Pride Group acquires Rightline Gear

MacNeill Pride Group (MPG), a portfolio company of Centre Partners and a diversified global designer and manufacturer of outdoor products and sporting goods, has acquired Rightline Gear, an Asheville, North Carolina-based automotive and outdoor gear designer. Terms of the transaction have not been disclosed. 

IK Partners to sell BST to Norvestor

IK Small Cap II Fund has signed an agreement to sell its entire stake in BST Group Nordic AB (BST or the Company) to Norvestor. Financial terms of the transaction are not disclosed. Founded in 2012 and headquartered in Stockholm, Sweden, BST is a full-service provider of active fire protection

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