NewAlpha Asset Management is making its first InsurTech investment through a fundraising initiative conducted jointly with a leading global reinsurer on behalf of Digital Insure. Founded in Paris by Fabrice Couturier, Jean Orgonasi and Richard Thibault, Digital Insure aims to become a leading European InsurTech within five years, specialising in

The Riverside Company has sold Kyjen (Outward Hound), a designer and distributor of interactive pet toys which promote mental and physical wellbeing of pets, in addition to pet accessories such as travel gear, games and life jackets. Its products are sold under the Outward Hound, Petstages, Dublin Dog, Bionic and

UK private equity house Maven Capital Partners (Maven) has exited its investment in SPS (EU) Holdings Limited (SPS), delivering a 3x return on funds invested in 2014. This transaction is the second profitable exit for Maven investors in as many months, following the sale of Crawford Scientific for 4.7x the

Funds advised by private equity firm Trilantic Europe have sold the their 25 per cent stake in Betty Blue to designer and entrepreneur Elisabetta Franchi, who as a result now controls 100 per cent of the share capital. Trilantic Europe invested in the company in December 2013 and supported the

Tikehau Capital is to sell its stake in the real-estate promoter Nafilyan & Partners in three stages to the Belgian property developer Immobel.  Tikehau Capital invested a total of approximately EUR8.9 million (including EUR7.7 million in bonds and EUR1.2 million in capital) in Nafilyan & Partners between July 2014 and

Audax Private Equity (Audax), has completed the sale of Astrodyne TDI to Tinicum and affiliated investment partnerships managed by Tinicum Incorporated (Tinicum). Founded in 1994, Astrodyne is a global developer and manufacturer of specialized power solutions for demanding applications focused in the advanced medical, military, aerospace, and industrial markets worldwide.

Seabury Capital is to sell a controlling interest (51 per cent voting and 44.1 per cent economic) to FinTech Global. The transaction is expected to close by the end of the year. FGI and the group it leads contributes to the growth and development of companies in all sectors of

IK Investment Partners’ (IK) IK Small Cap I Fund has reached an agreement to sell svt Group (svt), a provider of passive fire protection products and services as well as restoration management services, to Ergon Capital Partners III (Ergon). Financial terms of the transaction have not been disclosed.   svt

Silverfleet Capital, a Pan-European private equity firm that specialises in buy-to-build, is to sell Competence Call Center (CCC), a business process outsourcing (BPO) service provider, to funds managed by Ardian. The terms of the transaction, which is subject to regulatory approval, have not been disclosed.   Founded in Vienna, Austria