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Intelligence

MIG Capital leads EUR22.5m Series B financing for Mimi Hearing Technologies

German venture capital firm MIG Capital AG has closed a EUR22.5 million Series B funding round for Mimi Hearing Technologies, a specialist in hearing wellbeing and audio personalisation software.  The funding round is led by MIG Capital in a consortium with a larger Munich-based family office and Salvia, the family

Kennedy Wilson global debt platform passes USD2bn mark

Global real estate investment company Kennedy Wilson’s debt investment platform now exceeds USD2 billion in real-estate secured loans, including USD300 million in future funding commitments.  Kennedy Wilson reached the milestone following the launch of the debt platform in 2020 and a subsequent expansion into Europe in mid-2021. The company’s global

IK Partners-backed CONET Group acquires Karlsruhe-based ISB AG

CONET an IT consulting firm backed by private equity firm IK Investment Partners is to acquire Karlsruhe-based ISB AG.  Having both been successful individually in the IT services market for more than 30 years, the two companies will now benefit from complementary services and customer relationships, particularly in the public

Clearlake Capital-backed Dude Solutions acquires Facility Health

Dude Solutions, a SaaS provider of cloud-based operations management solutions, backed by Clearlake Capital Group (Clearlake), has acquired Facility Health (FHI), a solutions provider transforming physical environments through strategic capital and asset planning. Financial terms have not been disclosed. The acquisition of Facility Health will expand Dude Solutions’ offering to

Citizens advises Black Diamond Networks on recapitalisation by Tenex Capital

Citizens M&A Advisory has served as the exclusive financial advisor to Black Diamond Networks on its recapitalisation by Tenex Capital. Founded in 1999, Black Diamond is a provider of professional staffing solutions exclusively focused on scarce, high-end skill sets in advanced technical verticals. Black Diamond’s differentiated model focuses on rapid

Bregal Sagemount makes significant investment in Transflo

Bregal Sagemount (Sagemount), a global private equity firm that specialises in backing growing companies to the Board and investor base, has made a significant equity investment in Transflo, a provider of mobile business intelligence and payments facilitation tools to the transportation sector, backed by tech-focused private equity firm True Wind

Blackstone GP Stakes makes strategic investment in Nautic Partners

Funds managed by Blackstone GP Stakes have acquired a minority ownership interest in Nautic Partners, a middle-market private equity firm focused on investments in the healthcare, industrials, and services sectors.  Blackstone GP Stakes specialises in value-added, long-term investments in the management companies of leading private equity firms. Nautic recently closed

SBAI publishes report on culture and diversity for smaller asset managers

The SBAI, a global alliance of alternative investment managers and allocators and custodian of the Alternative Investments Standards, has released the second in a series of reports on culture and diversity – Beyond the Metrics: Demonstrating and Assessing Diversity in Smaller Asset Managers.  Allocator due diligence increasingly focuses on aspects

JP Morgan Global Alternatives builds out private credit team

JP Morgan Global Alternatives has appointed Raphael Gonzales as a Managing Director and Senior Investment Specialist across commercial mortgage loans, infrastructure debt and direct lending.  Gonzalez brings over two decades of experience in lending, structuring, trading and portfolio management. He joins from Exos Financial where he worked in structured credit,

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