Black Bay Energy Capital has held the final closing of its inaugural private equity fund, Black Bay Energy, with total commitments of USD224 million, exceeding its USD200 million target. Black Bay’s investors include endowments, foundations, private pensions, fund of funds and family offices. Black Bay invests in companies led by
Cathay Capital has held a first close for Cathay Midcap II at EUR600 million. The fund, which is targeting EUR1.2 billion is backed by Cathay’s historical cornerstone LPs, China Development Bank (CDB) and Bpifrance, and a mix of sovereign funds, institutional investors and family offices. Cathay Midcap II is also
Ciena Corporation has acquired Packet Design, a provider of network performance management software focused on Layer 3 network optimisation, topology and route analytics. Drake Star Partners acted as the exclusive sell-side advisor to Packet Design in this transaction. The acquisition of Packet Design helps accelerate Ciena’s Blue Planet
Gridiron Capital has acquired a controlling interest in The Service Companies, a provider of managed services, food & beverage staffing, and specialty cleaning services for the hospitality and gaming industries. The Service Companies’ management team will remain significant investors in the company as part of the transaction and will continue
Kenzie Academy, an apprenticeship program that develops modern tech workers, has closed a USD4.2 million seed stage investment, led by ReThink Education, which will enable the company to accelerate its ambitious plans to grow tech education and employment opportunities in Middle America. The announcement was made by Chok Leang Ooi,
SunSource Holdings, a distributor of fluid power and fluid process components and systems in the US and Canada, is to acquire The United Distribution Group (UDG), a distributor of fluid conveyance and related products and services primarily serving maintenance, repair and operations (MRO) needs across energy, mining and other industrial
Belinda Thomas, Partner and Investor Relations at Triple Point, comments on the Government consultation on strengthening the USD2.2 trillion pension fund industry’s ability to consider impact investments… We welcome the Government’s commitment to promote further impact investment, which helps to address a broad range of the UK’s social and environmental
Ropes & Gray has advised US middle market private equity firm Genstar Capital on the acquisition of CRF Health, a provider of eCOA solutions for the life sciences industry. The acquisition, by Bracket, a leading clinical-trial provider owned by Genstar Capital, was announced yesterday and is subject to customary closing
UK Fintech firm PayBreak has secured an additional GBP15 million of funding with specialist banking group Paragon as part of its growth plans. PayBreak, based in Altrincham, specialises in innovative digital point of sale finance through online retailers, allowing customers to spread the cost of payments on purchases through its
The Wierzbowski Eversheds Sutherland Private Equity team in Warsaw has acted on the sell side on Abris Capital Partners’ acquisition of shares in the leading fillers and cosmeceutical manufacturer ITP, well-known on the local market for soft tissues fillers for its Neauvia brand. ITP, based in Warsaw, has five subsidiaries
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
