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Intelligence

White & Case advises Graanul Invest on sale of majority stake to Apollo

Global law firm White & Case LLP has advised AS Graanul Invest on the sale of a majority stake to funds managed by the affiliates of Apollo Global Management, Inc. “Our team helped to successfully navigate this important strategic investment, which will enable the Graanul team to continue to take

Team Odeon raises EUR2 million for its educational and career choice site, Degree Choices

US-focused startup Team Odeon has raised EUR2 million in funding towards its higher education and career choice focused website, Degreechoices.com.  Investors include venture capital fund Lighthouse Ventures, a group of European private equity investors from the performance marketing sector, and its founder Ory Weihs. Founded in late 2020, Odeon offers

Ridgemont Equity Partners makes new hires

Ridgemont Equity Partners, a middle market private equity firm, has appointed Justin Lay as Partner and Ryan Shanahan as Vice President. Lay has joined Ridgemont’s Origination & Capital Markets practice, the firm’s dedicated effort to building relationships with intermediaries, trusted advisors, industry executives in the M&A community, as well as

NewSpring raises USD364m for fourth mezzanine fund

NewSpring, a family of private equity strategies, has held the final close of its fourth mezzanine fund, NewSpring Mezzanine Capital IV (NSM IV). In total, the Fund raised USD364.3 million, making it the largest mezzanine fund the Firm has raised to date.   NewSpring Mezzanine provides a wide range of

OfColor secures investment from PSG

OfColor, an enterprise SAAS provider focused on the financial health of employees of colour, has secured a strategic seed investment from funds advised by PSG, a growth equity firm partnering with middle-market software and technology-enabled services companies.  OfColor is on a mission to help employees of color earn and keep

Macfarlanes advises Pulsant management team on sale to Antin Infrastructure

Macfarlanes has advised the management team of Pulsant, a UK provider of data centre and cloud infrastructure, on its sale by Oak Hill Capital and Scottish Equity Partners to private equity firm, Antin Infrastructure Partners.   Pulsant provides data centre and cloud infrastructure to over 1,000 businesses in the public

HIG Capital appoints lead for dedicated technology buyouts team

HIG Capital (HIG) has hired John Woyton to lead its dedicated technology buyouts platform, which combines HIG’s existing technology sector capabilities across multiple investing funds. Woyton has spent over 18 years as a private equity investor in the technology sector. Most recently, he was a Managing Director and Partner at

Crehana raises USD70m in Series B funding round

Crehana, an education technology platform for companies and individuals focused on closing the reskilling and upskilling gap in Latin America, has raised USD70m in a Series B round led by General Atlantic.  This round represents Latin America’s largest Series B funding for an education technology company and comes just months

Gen Cap America exits LW Allen

Gen Cap America (Gen Cap), a private equity firm focused on lower middle market buyouts, has sold LW Allen to SJE, a portfolio company of Audax Group. Terms of the transaction have not been disclosed.   LW Allen designs, manufactures, distributes and installs water and wastewater control systems and treatment

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