FORWARD FEATURES CALENDAR

Managers

JLEN acquires solar PV portfolio

The John Laing Environmental Asset Group (JLEN) has acquired a solar PV portfolio for a cash consideration, including working capital, of GBP9.7 million. The fully operational 2.3 MW solar energy generation portfolio comprises 303 systems of residential rooftop, commercial rooftop and commercial ground mounted solar PV installations, distributed across England,

LoveCrafts secures USD20m in new funding

LoveCrafts has secured USD20 million in a funding round led by Highland Europe, with participation from existing investor Balderton Capital. Addressing the USD100 billion craft industry, LoveCrafts is at the centre of the crafting community, with its sites LoveKnitting.com and LoveCrochet.com attracting millions of visitors every month. The company has experienced

Blackstone acquires Diamonds Direct

Funds managed by Blackstone Tactical Opportunities have acquired Diamonds Direct, an independent jewellery company. Headquartered in Charlotte, NC, Diamonds Direct has a ong and well-established history in diamond sales and manufacturing. In the last seven years, the company has grown from one location in Charlotte to a multi-channel retailer with seven

Audax Private Equity acquires Justrite Manufacturing Company

Audax Group has partnered with existing management to acquire Justrite Manufacturing Company, a manufacturer of industrial safety products for regulated and critical safety environments. Terms of the transaction have not been disclosed. Justrite, headquartered in Des Plaines, Illinois, is a leading, globally recognised industrial safety platform providing unparalleled technical expertise,

Sportslobster secures GBP2m VC funding from Daman Investments

Sportlobster, a sports app that brings fans together, has secured GBP2 million in venture capital funding from UAE-based investment company, Daman Investments. “Sportlobster is in strong growth mode at the moment and this is certainly a reflection of our investment into – and focus on – the product, particularly this

Aurelius acquires Colt’s managed cloud business

Aurelius Group has acquired Colt Managed Cloud (CMC), the managed cloud business of Colt Group SA (Colt), which will now be integrated with another Aurelius portfolio company ICT services provider Getronics Group. In addition a long-term strategic business partnership has been agreed between Getronics and Colt which will allow Getronics

Ultroid Technologies retains Armor Capital Management in M&A Advisory role

Ultroid Technologies has retained Armor Capital Management to provide M&A advisory services on all aspects of acquisitions, sales/divestitures, private equity transactions and finance raising, as Ultroid looks to expand its operations in the US and global markets. The company’s flagship product is the Ultroid Hemorrhoid Management System, a non-invasive, low cost

Inflexion plans carve-out of GfK’s animal and crop health business

Inflexion Private Equity is to carve out GfK’s animal and crop health business, a provider of agricultural data and market information, from the Frankfurt-listed global market research organisation. GfK’s animal and crop health business delivers innovative, data driven market information to the agriculture and animal health markets, providing detailed insights

Fossil Group to acquire wearable tech co Misfit

Fossil Group is to acquire Misfit, a specialist in wearable technology and connected devices. The acquisition will enable Fossil Group to expand its addressable market, offering consumers both traditional timepieces and fashionable connected accessories. Misfit brings to Fossil Group a scalable cloud and app platform, a world-class software and hardware

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