LNK Partners, a private equity firm focused on investing in the consumer/retail sector, has teamed with management to acquire Fitness Connection, a low-price, high-value chain of health clubs. The size of LNK’s investment and other terms were not disclosed. Fitness Connection’s strategy combines value pricing of USD9.95 to
Private equity firm The Sterling Group’s affiliated investment fund, Sterling Group Partners III, has completed the acquisition of ROM Corporation and Specialty Manufacturing Inc (SMI). The businesses have been combined through its holding company, Safe Fleet Acquisition Corp. The investment is Sterling’s fifth investment in its third fund, a
ACTIVE Network is to be acquired by private equity firm Vista Equity Partners in an all cash transaction valued at approximately USD1.05bn. Under the terms of the agreement Vista will commence a tender offer to acquire all of the outstanding shares of ACTIVE’s common stock for USD14.50 per share
PowerbyProxi, developer of a wireless power system, has received USD4m in funding from Samsung Ventures Investment Corporation (SVIC). Michael Pachos from SVIC joins PowerbyProxi’s board. This brings the total value of the company’s Series C financing to over USD9m following an announcement earlier this year that PowerbyProxi had
The TCW Group has acquired Los Angeles-based Craton Equity Partners, a private equity firm that specialises in socially responsible investing. Terms of the transaction were not disclosed. Founded in 2006, emerging manager Craton Equity provides growth capital to venture-backed companies within the sustainability, resource efficiency and carbon-reducing technology
AXA Private Equity has completed its spin-out from the AXA Group and will become Ardian, an independent private investment company. Management and employees of Ardian, led by the Board comprising Dominique Senequier, Vincent Gombault, Dominique Gaillard, and Benoît Verbrugghe (pictured), form the largest shareholding group, holding 46% of the company.
Love Home Swap, the home swap holiday service, has raised a further GBP1.025m follow-on funding from lead investor MMC Ventures. Love Home Swap has also launched a new Swap Points scheme, a world-first within the social travel sector. With the new Swap Points scheme, arranging trips becomes easier through the Love Home
Albion Ventures, one of the UK’s largest independent venture capital investors, has invested up to GBP3.5m in Relayware, a provider of B2B collaboration and multi-channel communication solutions. The investment will enable Relayware to accelerate its growth and extend its lead in technological innovation. Relayware delivers an indirect channel
Private equity firm Catterton Partners has made an investment in PIADA Italian Street Food, a fast-casual Italian eatery based in Columbus, Ohio with restaurants in Ohio and Indiana. Terms of the transaction have not been disclosed. PIADA currently has 14 locations across the Midwest, with six planned to
RidePal, a provider of Wi-Fi-enabled bus rides for corporate employees, has raised USD3.2m in a series A financing round led by Claremont Creek Ventures and Volvo Group Venture Capital. RidePal balances commuter preferences and their employers’ needs and optimises pick-up points and route scheduling. RidePal provides rides for the
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
