FORWARD FEATURES CALENDAR

Deals

eVisit closes USD45m in Series B funding round led by Goldman Sachs Asset Management

eVisit, a Virtual Care platform for large healthcare providers, has closed a USD45 million Series B financing round led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), with participation from Texas Health Resources, Tom Burton and Steve Barlow (Co-founders of Health Catalyst), and existing insiders.  eVisit

Ardian acquires majority stake in Florida Food Products

Private investment house Ardian has acquired a majority stake in Florida Food Products (FFP) through its US Buyout team from MidOcean Partners (MidOcean) for an enterprise value in excess of USD1 billion.  MidOcean initially invested in the business in 2018 and will retain a significant stake in FFP alongside Ardian.

Turnspire Capital Partners to acquire Spectra Premium Industries

Affiliates of Turnspire Capital Partners (Turnspire) are to acquire the assets of Spectra Premium Industries (Spectra). Headquartered in Boucherville, Quebec, Spectra is a designer, manufacturer and distributor of thermal and fluid management metal-formed products for the automotive, heavy-duty truck and industrial markets. With over 700 employees, Spectra operates manufacturing facilities

Polaris acquires G&O Maritime Group from Erhvervsinvest

Polaris is to acquire a majority stake in G&O Maritime Group, a supplier to the global maritime industry manufacturing a range of niche products for leading shipping companies, shipyards and engine manufacturers, from Erhvervsinvest. Erhvervsinvest acquired Gertsen & Olufsen in 2014 and established G&O Maritime Group as a maritime conglomerate

HCI Equity Partners-backed Tech-24 acquires Yukon Refrigeration

Tech-24, backed by HCI Equity Partners, has acquired Yukon Refrigeration (Yukon.) Tech-24 is a nation-wide provider of repair and maintenance services for food service and commercial HVAC equipment. Yukon is HCI’s fifth add-on acquisition in the highly fragmented foodservice repair market. Financial terms were not disclosed. Headquartered in Mount Vernon,

Delta Financial Group secures significant growth investment from Peak Rock Capital affiliate

Delta Financial Group (Delta), an equipment finance platform that provides capital for enterprise-level, business-critical equipment, has received a significant strategic growth investment from an affiliate of Peak Rock Capital (Peak Rock), a middle-market private investment firm. The structured growth investment will empower Delta to execute an innovative, scalable, and institutional

GI Partners leads recapitalisation of Patriot Growth Insurance Services

GI Partners, a private investment firm, has recapitalised Patriot Growth Insurance Services (Patriot), in partnership with the company’s founder and CEO, Matt Gardner.  Summit Partners, which invested in Patriot in 2019, and Patriot management will maintain significant minority ownership positions in the company.   Based in Fort Washington, PA, Patriot

BGF invests GBP3 million in Wiserfunding

London-based Wiserfunding, a provider of credit risk assessment for SME lenders, has secured GBP3 million investment from BGF. This investment will support Wiserfunding in accelerating international expansion and strengthening its global position. Wiserfunding currently serves more than 60 customers across three continents, a mix of bank and non-bank lenders, insurance

Babble acquires 8020

Unified Comms, Contact Centre and Cyber Solutions provider, Babble, has acquired 8020. The deal provides scale to Babble while delivering a Scottish presence for the tech business as it continues its expansion. Founded in Dumfries, Scotland in 2005, 8020 provides mobile, connectivity and IT services to over 750 customers across

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