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Intelligence

‘Game-changing’ Irish funds legislation to create 3,000 jobs

Irish Funds has welcomed completion of a key financial services bill that has been in the works for over five years and is expected to create 3,000 jobs by 2025 while attracting up to EUR20 billion per annum in global private capital. The Investment Limited Partnerships (Amendment) Bill 2020, passed

IQ-EQ assists Cordovan Capital Management with first institutional fund launch

IQ-EQ has supported Belfast-based Cordovan Capital Management with its first institutional fund. Cordovan Capital Management is one of Northern Ireland’s most active private equity investors, having made nine portfolio investments since 2016. Focusing on Northern Ireland but investing selectively elsewhere in the UK and Ireland, Cordovan’s investment approach is to

Agronomics invests in SuperMeat

Agronomics, a leading listed investor in alternative proteins with a focus on cellular agriculture and cultivated meat, has completed an investment of USD2 million, in the form of a Simple Agreement for Future Equity (SAFE), in SuperMeat the Essence of Meat (SuperMeat). The Subscription will be paid using cash from

L’Angélys secures investment from Bpifrance and Unigrains

L’Angélys, a manufacturer of high-quality ice creams and sorbets, made with fresh, healthy ingredients and without preservatives or additives, has secured investment from Bpifrance and Unigrains.  Bpifrance and Unigrains have acquired a minority stake to support the company’s growth momentum. Bpifrance has also provided bank financing alongside Banque Tarneaud and

Clayton, Dubilier & Rice appoints new Partner

Smith joined CD&R in 2011 as a senior member of the Firm’s investor relations and fundraising team to develop and maintain relationships with current and prospective investors. During his tenure, he has been actively involved in multiple Firm fundraising and co-investment processes, as well as working cross-functionally with internal teams

Diversis sells ArrowStream

Diversis Capital (Diversis), a Los Angeles-based buy-out firm focused on software and technology-enabled organisations, has sold ArrowStream, a cloud-based provider of end-to-end supply chain management software for the foodservice industry, to Tailwind Capital (Tailwind), a private equity firm focused on investments in growth-oriented, middle market companies.     “We appreciate

Livingbridge invests in Australian GP market

Livingbridge, a mid-market private equity investor, has invested in two Australian GP groups, Better Medical and SmartClinics.   The transaction will facilitate the combination of two highly complementary businesses to create the fifth-largest general practice platform in Australia with 64 clinics and approximately 450 doctors practicing from their locations across

OpenGate Capital to acquire Kongsberg Precision Cutting Systems

OpenGate Capital is to acquire Kongsberg Precision Cutting Systems (Kongsberg), a manufacturer of digital cutting systems, from Esko-Graphics, a global developer of integrated software and hardware solutions for the packaging, label, and wide format sectors.  Terms of the agreement have not been disclosed, and the acquisition is subject to the

Zilch closes additional USD30m equity round

Buy now, pay later specialist Zilch has secured an additional USD30 million equity funding enabling it to close its oversubscribed pre Series B in less than three weeks. Zilch is now in prime position to continue scaling its unique over-the-top BNPL business, which has seen customer registration numbers quadruple over the

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