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Managers

New Mountain Capital completes investment in DRB Systems

New Mountain Capital has completed its acquisition of DRB from Prairie Capital (Prairie Capital), a Chicago, Illinois-based private investment firm. Financial details have not been disclosed. DRB’s technology-enabled devices and software unlock significant value for car wash operators, creating opportunities for substantial outperformance in both top line and bottom line

TPG Capital closes acquisition of Transplace

TPG Capital, the global private equity platform of alternative asset firm TPG, has closed its previously announced acquisition of Transplace, a leading provider of transportation management services and logistics technology. On 14 August, 2017, TPG Capital announced that it was partnering with company management to purchase Transplace from Greenbriar Equity

Total VC dollars invested in 2017 on track to reach decade high

Investment into venture-backed companies in 2017 is on track to match or exceed dollars deployed in 2016, and if this pace holds, full-year 2017 venture capital (VC) dollars invested could be the highest in the past decade, according to the Q3 2017 PitchBook-NVCA Venture Monitor. Venture investors deployed USD21.5 billion

AMP Capital acquires ITS ConGlobal

AMP Capital has reached financial close on its largest ever North American deal, acquiring 100 per cent of ITS ConGlobal (ITSC) from Carlyle Infrastructure Partners. ITSC is one of North America’s largest operators of intermodal railroad and auto terminals, container yard depots, and provider of intermodal equipment maintenance and repair

bpost to acquire Radial

bpost has acquired US-based company Radial, to expand offerings and accelerate the development of its e-commerce logistics solutions. The acquisition leverages Radial’s e-commerce service, expertise and scale with bpost to provide an industry-leading cross-border value proposition for its customers in Europe and North America.   Radial is a leading provider

Lendable raises USD6.5m in series A funding round

Lendable has raised USD 6.5 million in a Series A round of investment from KawiSafi Ventures, Omidyar Network, Fenway Summer Ventures and a number of prominent FinTech angel investors from the United States. They included Larry Rosenberger, the former Fair Isaac Corporation (FICO) CEO. The funds will be used to

Investoo Group acquires RoboAdvisors.Com

FX affiliate firm Investoo Group has moved in to the portfolio management space with the acquisition of RoboAdvisors.com. With a commitment to making portfolio management affordable and accessible, RoboAdvisors.com is aiming to become the leading robo advisor comparison site.   Investoo Group CEO Adam Grunwerg, says: “Our acquisition of this

Agilitas-backed Reconor completes second acquisition of 2017

Reconor Group, a portfolio company of private equity firm Agilitas, has completed its second addition of 2017 with the acquisition of Mijodan. Reconor, one of the leading environmental services groups in Denmark, also purchased Lotra in June 2017.   Reconor handles over 2 million tonnes of waste each year, with

ARX Equity Partners exits KVK Holding

ARX Equity Partners (ARX) has exited its 2010 investment in Czech construction materials manufacturer, KVK Holding (KVK), generating an overall 3.7x cash-on-cash return multiple and an IRR exceeding 20 per cent in the process. KVK operates six production sites in the Czech Republic – three for the manufacture of mortar

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