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Kingdom Holding Company and Caisse des Dépôts Group form investment partnership

Kingdom Holding Company (KHC) and Caisse des Dépôts International Capital (CDCIC) have signed a memorandum of understanding to establish an investment vehicle seeking to develop Saudi projects and ventures. The KHC-CDCIC platform will help advance bilateral economic co-operation and trade and to facilitate access to long‐term capital in both countries

Pamlico Capital and Clarity Telecom agree to acquire broadband assets

Pamlico Capital and the management team of Clarity Telecom have entered into a definitive agreement to purchase broadband assets in Rapid City and Sioux Falls, South Dakota from WOW! Internet, Cable & Phone. Post-close, the Clarity team will continue to provide high-speed broadband, video and voice services to more than

Duet partners with Cairo investment bank CI Capital to launch Egypt PE fund

Egyptian investment bank CI Capital Holding (CICH) and alternative asset manager Duet Group have launched the Duet-CIC Egypt Opportunities Fund to invest in the Egyptian economy. The partners believe that Egypt will position itself as the region’s leading investment destination in the medium-to-long term and have agreed to launch a

Flames

IK sells Minimax Viking Group to Kirkbi A/S and Intermediate Capital Group

Funds advised by IK Investment Partners are to sell Minimax Viking to Kirkbi A/S, a Danish investment company, and Intermediate Capital Group (ICG), a specialist asset manager. Financial details have not been disclosed.   IK acquired Minimax together with the company’s management in June 2006, at a time when the

iPhone

On demand parking app SpotHero raises USD4.5m in series A funding

SpotHero, a mobile app helping drivers reserve parking on demand, has secured a Series A investment of USD4.5 million. The funding round included participation from Chicago Ventures, Bullpen Capital, Battery Ventures, OCA Ventures, Pritzker Group Venture Capital, Lightbank, G2T3V, e.ventures, Draper Associates and 500 Startups.   Mike Gamson of LinkedIn

Apsley forms alliance with major insurer to distribute AIFMD insurance product

Insurance provider Apsley Specialty has joined forces with Lloyd’s Pembroke Syndicate 4000 to provide capacity for its insurance offering to the alternative asset management sector. Pembroke, a wholly owned subsidiary of Ironshore Inc, operates as a syndicate within the Lloyd’s of London insurance market and is a provider of specialty

Sell button

Polaris sells AddPro to PE firm Perusia

Polaris Private Equity is to sell IT security and infrastructure business AddPro to European private equity firm Perusa. In 2005, Polaris acquired a majority shareholding in Swedish AddPro, and the company has experienced significant progress through organic growth and an acquisition of the Danish IT company SNEX in 2012.   

Two fingers

Osprey’s second investment delivers near 2x return

Osprey Capital’s second investment, following a re-financing of CAERUS Capital, has generated a return of 1.7x capital for investors to date. Osprey retains a diluted minority holding.   The investment in CAERUS Capital Group, a specialist fund management and advice firm for advisers and consumers, was made in 2009. During

Levine Leichtman to acquire Smith System Driver Improvement Institute

Los Angeles-based private equity firm Levine Leichtman Capital Partners (LLCP) has partnered with management to complete the acquisition of Smith System Driver Improvement Institute. Based in Arlington, Texas, Smith specialises in accident avoidance training for fleet vehicle drivers.   Smith has trained millions of drivers in over 100 countries and

Marketing

Cavendish leads on sale of The Communications Agency to Communisis

Mid-market M&A firm Cavendish Corporate Finance has advised on the sale of The Communications Agency (TCA) to Communisis, a provider of personalised customer communication services. TCA, which was founded over 25 years ago, is an agency that specialises in brand response and customer relationship marketing. The company’s clients include RBS,

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12 November, 2026 – 5:00 pm

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