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Funds

SKCP Catalyst Fund I hits USD400m hard cap in four months

SK Capital Partners (SK Capital), a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, has held the final close of SKCP Catalyst Fund I (SK Catalyst I) at its hard cap, with limited partner capital commitments of USD400 million. SK Catalyst I will focus on control

LawnStarter raises USD10.5m from Edison Partners

LawnStarter, an on-demand platform for outdoor services, has secured a USD10.5 million growth investment from growth investor Edison Partners. The new funding will enable LawnStarter to continue its growth in lawn care across the US and add new outdoor service lines including landscaping, fertilisation, pest control, and tree care. Austin-based

Epic Games acquires GP Bullhound-backed Quixel

Epic Games has acquired Quixel, the creator of a photogrammetry asset library and bundled toolset. Financial terms of the transaction have not been disclosed. Teddy Bergsman and Waqar Azim founded Quixel in 2011 with the vision to substantially speed up how creators build digital environments. GP Bullhound  invested in Quixel

BGF invests further GBP11m into Molson

BGF has invested a further GBP11 million into Molson Group, a UK-based independent distributor of capital equipment to the construction and waste management sectors.  The investment will be used to develop Molson’s existing sites and brands, as well as expand its international and waste management offerings.   Founded in 1996

Essling Capital launches third vintage fund

Essling Capital continues its unlisted co-investment programme with the launch of its third vintage fund, Essling Co-Invest 3 (ECI 3). The launch of ECI 3 is taking place after completion under the previous fund, launched in 2018 for a total raised of EUR116 million, of an eighth and final investment

Henkel to acquire professional hair care brand DevaCurl

Henkel is to acquire Deva Parent Holdings from a fund managed by the Private Equity Group of Ares Management Corporation. Deva Parent Holdings owns DevaCurl, a high-growth professional hair care business.  Founded in 1994, the company offers hair care and styling products for all types of curly and wavy hair

Premium British Cycling brand Le Col secures additional GBP2.5million investment

Off the back of a hugely successful 2019, Le Col, the British brand renowned for delivering premium performance cycling apparel, has raised an additional GBP2.5 million from Puma Private Equity to further accelerate its growth plans in 2020. Founded by ex-professional cyclist Yanto Barker in 2011, Le Col has its

Providence Strategic invests USD32m in Net Reviews

Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners (Providence), has made a EUR32 million growth investment in Net Reviews, a developer of software as a service (SaaS) solutions providing customer review management for retailers.  The founding management team – led by Olivier Mouillet, Laurent Abisset and

CapitalRise secures funding from Revolt Ventures

CapitalRise, a property investment platform, has secured GBP1 million in backing from Revolt Ventures, the venture capital arm of real estate investment manager, Meyer Bergman. This follows CapitalRise’s successful Seedrs crowdfunding raise earlier this year and brings the total funds raised to GBP3.3 million.   CapitalRise’s CEO and Co-Founder, Uma

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