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Intelligence

One Rock to acquire Process Solutions from Newell Brands

An affiliate of One Rock Capital Partners (One Rock) is to acquire Newell Brands’ Process Solutions business. Headquartered in Greenville, South Carolina, Process Solutions is a manufacturer and material sciences company that offers custom-designed plastic, nylon, monofilament and zinc products in the health care, consumer, and industrial end markets. By

WIT Fitness secures GBP2m investment from VGC Partners

WIT Fitness, a London-based sports retail business focusing on training footwear and apparel, has secured a GBP2m investment from growth capital investor VGC Partners. This follows the explosion of global sneaker sales activated by ecommerce, a trend which has also been adopted by the consumer of the ever growing communities

Preservation Capital completes Cove investment

Financial services-focused private equity firm Preservation Capital Partners (Preservation Capital) has completed its strategic investment in US construction-focused MGA Cove Programs (Cove) after receiving all necessary regulatory approvals. Together with insurTech-driven cyber and specialty lines MGA Ascent Underwriting (Ascent), which Preservation Capital acquired an interest in last year, the deal

Packhelp secures EUR8.5m in Series A funding round led by White Star Capital

Packhelp, a Warsaw-based startup that allows users to design and order their own custom-branded packaging, has raised EUR8.5 million in one of the largest Series A rounds in the CEE region.  White Star Capital led the investment, along with the participation of existing investors. The raised capital will be used

Luxcara and MEAG launch project bond to finance Norwegian wind farms

Luxcara, an asset manager specialising in renewable energy investments, and MEAG, the asset manager of Munich Re and ERGO, have initiated and structured a project bond to finance the  Skinansfjellet und Gravdal wind farms in Norway. Similar to the financing of the wind farm Eikeland-Steinsland in July 2018, a lower

innogy Innovation Hub made 61 investments in 2018

innogy Innovation Hub, which is funded by innogy SE, a Germany energy company, to invest in and mentor technology start-ups, invested in 61 companies in 2018 through new and follow-on financing rounds, growing the value of its portfolio by more than 50 per cent.  Including co-investments and investments into other

Evolucare acquires Axapa

French group Evolucare, which is backed by Essling Expansion has acquired Axapa, a software publisher founded in 2012 by Olivier Rialland focused on the medico-social sector and in particular institutions dedicated to people with disabilities. Axapa, whose revenue reached EUR4.5 million in 2018, serves 120 customers accounting for more than

Atrato appoints senior adviser

Atrato Capital, the investment adviser to Supermarket Income REIT, has appointed Justin King, the former chief executive of J Sainsbury plc, as a senior adviser. King is recognised as one of the UK’s most successful grocery sector leaders, having led J Sainsbury plc for 10 years until 2014. Prior to that, he

Align Capital Partners’ Pleatco platform expands into industrial air filtration

Align Capital Partners’ (ACP) portfolio company Pleatco, a manufacturer of aftermarket cartridge filters for the pool and spa industry, has expanded into the industrial air filtration market with the acquisitions of APEL International (APEL) and Milton Manufacturing (Milton). APEL designs and manufactures pleated filter cartridges, pleated bags, and other filtration

Activa Capital appoints CFO

Activa Capital has appointed Alexandre Chollet as Chief Financial Officer (CFO). Chollet, 37, will be responsible for coordinating the cross-functional activities of Activa Capital. Propr to joining Activa he was Director of Investor Relations at Naxicap Partners (2016-2019) and before that served as Head of Funds and Portfolio at Qualium

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