NEP appoints operating advisor
Investment firm Norwest Equity Partners (NEP) has appointed Billy Hegeman, an operating executive and business advisor, as an operating advisor.
Investment firm Norwest Equity Partners (NEP) has appointed Billy Hegeman, an operating executive and business advisor, as an operating advisor.
Maven VCTs and the North East Development Capital Fund (NEDCF), supported by the European Regional Development Fund and managed by Maven, have invested £2.2 million in Reed Thermoformed Packaging Ltd (trading as iPac Packaging Innovations). The transaction is split evenly between NEDCF and the Maven VCTs. The NEDCF first provided
Convene, a hybrid meeting, event, and workspace provider, has completed its recapitalisation plan, led by HBC, a holding company at the intersection of real estate, technology and retail, and a fund managed by the Private Equity Group of Ares Management Corporation (Ares), a global alternative investment manager. Convene will operate
Harkness Capital Partners has closed the sale of Kane Logistics to ID Logistics. Kane is a third-party logistics company (3PL) that provides value-added warehousing and distribution services. The Company was a portfolio company and the first platform investment by Harkness Capital in Harkness Capital Partners I (HCP I). Based in
Greengage, a fully-integrated financial services group bridging traditional fiat currency banking services with the emerging digital asset sector, today announced its acquisition of Silver Lined Solutions Limited (SLS). SLS is one of the most highly rated Salesforce consultancy partners in the financial services space and has been actively engaged in
Forge Global Holdings (Forge), a global private securities marketplace, has appointed James H Herbert, II to its Board of Directors Herbert has also been appointed to the Compensation Committee.
FFL Partners (FFL), a private equity firm focused on growth investments in middle market companies, has made an investment in Perlman Clinic, an independent provider of primary care in the Greater San Diego Market. Financial terms of the private transaction have not been disclosed. Perlman Clinic is a full-service provider
Eagle Merchant Partners (Eagle), an Atlanta-based private equity firm specialising in franchise, multi-unit consumer and industrial middle market opportunities, has made an investment in Enviro-Master Services. A franchisor of deep cleaning services, Enviro-Master serves tens of thousands of businesses across North America. Its expertise in the health and safety industry
Soter Analytics (Soter), a global ergonomic technology company, has secured $12 million of new capital in its latest funding round led by AV8 Ventures. OTB Ventures, btov Industrial Technologies Fund and Verve Ventures also participated, along with previous backer Startup Wise Guys. The investment will help drive expansion plans and
Adams Street Partners, LLC, a private markets investment management firm with more than $51 billion of assets under management, has successfully completed fundraising for its second Private Credit program (PC II), closing the oversubscribed program with more than $2.1 billion of committed capital and over $3.0 billion, including leverage. Adams
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