BASF Venture Capital has invested USD13.5 million in Allylix Inc, a US-based renewable chemicals company. The BASF subsidiary led a USD18.2 million financing round, joined by existing investors Tate & Lyle Ventures, Avrio Ventures and Cultivian Ventures. Allylix has a proprietary technology platform to produce a wide variety of renewable

Business Growth Fund (BGF), established to help Britain’s fast-growing smaller and medium sized businesses, has made a GBP4.8m investment for a minority stake in Wow! Stuff, a UK toy development company behind blockbuster toys such as the Air Swimmers and My Keepon, both of which were named in Hamley’s Top 5

The Comvest Group, a private investment firm focused on the lower middle-market, has closed its second private equity debt fund, Comvest Capital II (CVC II), with capital commitments of USD250 million. The capital commitments in CVC II are from a diverse group of institutional investors and high net worth investors,

Healthcare specialist Westhouse Medical Services Plc has sold its AST Ambulance Services business to a management buyout team for UK GBP2.75m. The MBO team is led by AST’s current operations director, Stewart Lawson. AST Ambulance Services provides specialist transport and ambulance services for the NHS in the UK. Jack Kaye,

HIG Capital’s portfolio company Albertville Quality Foods, Inc (AQF) has acquired Sunrise Foods, LLC (Sunrise), a processor of protein-based products. The Sunrise operation is highly complementary to AQF’s operation and will add over $100 million in additional revenues to the combined company. Like AQF, Sunrise’s value-added customized products are prepared

Nautic Partners, a private equity firm with more than USD2.5 billion of capital under management, has acquired Superior Vision Holdings, Inc in partnership with the company’s existing management team. Headquartered in Rancho Cordova, California, Superior Vision provides vision insurance coverage to approximately two million members across all 50 states. Superior

The owners of John Varvatos Enterprises, Inc – VF Sportswear, Inc., a subsidiary of VF Corporation (NYSE: VFC) and John Varvatos – have signed a definitive agreement to sell the majority ownership interest in the company to Lion Capital LLP, with Mr Varvatos retaining an ownership position. The transaction, which

The US Small Business Administration has licensed the first nationally-focused Impact Investment Fund, SJF Ventures III, LP. The fund will make equity investments in cleantech and technology companies in communities nationwide as part of an impact investment initiative to invest up to USD1.5 billion in high-growth small businesses. "SJF Ventures

FRV has entered into a partnership with Denham Capital, a leading global energy focused private equity firm, to invest over USD190 million in new solar energy projects across a broad range of geographies. The partnership with Denham Capital will strengthen FRV’s ability to make investments in global solar markets, including

BNY Mellon has been appointed delegate, principal paying agent, registrar and transfer agent on a new Trust Certificate Issuance Programme established by MAF Sukuk Ltd. Sukuk issuances under the programme are unconditionally and irrevocably guaranteed by Majid Al Futtaim Holding LLC. The inaugural issuance was for USD400,000,000 with a 5.85%