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Intelligence

Best Buy commits up to USD10m to Brown Venture Group’s inaugural fund

Best Buy has committed up to USD10 million to venture capital firm Brown Venture Group’s inaugural fund, which will fund Black, Latino and Indigenous technology entrepreneurs. Brown Venture Group, a majority Black-led organisation, was founded in 2018 with the goal of raising USD50 million to invest in entrepreneurs of colour

Apex Group acquires GCG

Apex Group has acquired Greenough Consulting Group (GCG), a provider of finance, accounting, and human resources services to technology companies, venture capital and private equity funds. This strategic deal serves to further strengthen Apex’s position in the US market and enhances its ability to deliver high quality service to clients

Global ESG Investing

LPs see value creation as leading driver of ESG, say Manulife

Almost four out of five (75 per cent) of LPs expect sustainability to drive investment decisions over next five years, while 66 per cent of LPs see value creation as a leading driver of ESG, according to new research from Manulife on how private equity relates to sustainable investing. The

Seddons adds new partner in Corporate Department

West End law firm, Seddons, has appointed Ben Gillespie as a Partner in the Corporate team.  Gillespie joins the firm from DLA Piper, where he was a Partner in the London office and before that Head of Corporate for the Middle East based out of Dubai. His appointment is with

MEIF backs Dudley based bespoke furniture manufacturer with GBP500k funding package

The Midlands Engine Investment Fund (MEIF) West Midlands Debt Finance, managed by Maven Capital Partners (Maven), and backed by the Coronavirus Business Interruption Scheme Loan (CBILS), has provided ACL Limited (ACL) with GBP500,000 worth of funding.  This recent capital boost will enable the business to push forward plans with product

Baird Capital portfolio company Aura acquires Reflex, Technology & Software

Baird Capital’s portfolio company Aura Futures (Aura), a provider of workspace technology solutions to mid to large-size enterprises, has acquired Reflex Limited (Reflex). Financial details of the transaction were not disclosed. Established in 1983, Reading-based Reflex is a full-service audio-visual integrator. Since its founding, Reflex has strived to be at

Apex Group makes APAC appointments

Apex Group has appointed Andrea Gallenca as Head of Private Market Sales – Australia, and Prakash Kharel, Head of Real Estate, Asia Pacific. Based in Sydney, Gallenca will oversee the Group’s Private Markets’ sales operations in Australia. Gallenca brings more than 18 years of experience in the private funds industry,

Aries I Acquisition Corporation appoints hedge fund veteran as new director

Aries I Acquisition Corporation (Aries) has appointed Andrew Lester to its Board of Directors, and Chris Perry to serve as an adviser to the Board. Lester has over 40 years of experience building and managing businesses. Along with his brother Mitchell, he built a 10-person team at Donaldson, Lufkin &

Kartesia provides credit facility to Novum Capital-backed MMC

Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, as provided a financing solution to German film studio operator MMC for its recent dividend recapitalisation. MMC operates the Coloneum in Cologne, one of Europe’s largest and most advanced studio lots with 20 TV studios and soundstages.

Prime Label acquires LabelPrint

Prime Label Group, a portfolio company of private equity fund Innova/6 SCA §SICAV from the Innova Capital group, has acquired LabelPrint OÜ – an Estonian label printing house.  LabelPrint specialises in the production of highly processed self-adhesive labels, shrink sleeve, multi-layer and booklet labels. It operates a very modern facility

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