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Bessemer-backed Tencarva Machinery company acquires Fischer Process Industries

Tencarva Machinery Company (Tencarva), a value-added distributor of flow control and process equipment solutions and services to the industrial and municipal end-markets, and a portfolio company of Bessemer Investors, has acquired Fischer Process Industries (Fischer Process), a distributor of pumps, valves and process equipment.  Fischer Process’s existing management team, including

Battery Ventures makes significant reinvestment in Forterro

Battery Ventures, a global, technology-focused investment firm, has reinvested in Forterro, a European provider of enterprise-resource planning (ERP) software for the industrial mid-market.  With the investment, Battery now holds a significant minority share of Forterro, a company the firm previously built into a multi-national, European software provider and subsequently sold

Atlantic Street Capital-backed Prescott’s acquires Heartland Medical

Prescott’s a provider of refurbishment, maintenance, repair and service work for surgical microscopes utilised in hospital operating rooms and ambulatory surgery centres, and a portfolio company of Atlantic Street Capital (ASC), has expanded into the anaesthesia specialty service and support sector with the acquisition of Heartland Medical Sales & Service

Connection Capital hires head of co-investment

Connection Capital, a specialist private client investment business, has hired Peter Knight as Head of its new co-investments team. Knight joins from Legal & General Capital where he worked as a Senior Investment Manager, covering private equity, private debt, housing and infrastructure transactions.  Prior to that he worked within the

CIFC adds to legal and compliance team

CIFC Asset Management (CIFC), an alternative credit specialist serving institutional investors globally with approximately $40 billion in assets under management, has strengthened its legal and compliance team with two senior appointments.  Asha Richards, who has served as CIFC’s deputy general counsel and in other legal related capacities since 2015, has

Cherubic Ventures closes Fund V at $110m

Cherubic Ventures has held the final closing of its fifth fund at $110 million bringing the firm’s total committed capital under management to over $400 million, according to a report by Deal Street Asia. Cherubic, a venture capital (VC) firm with operations in Silicon Valley and Greater China, will employ

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