FORWARD FEATURES CALENDAR

Managers

Connection Capital clients invest in GBP24m secondary MBO of global specialist container provider

Clients of Connection Capital, a specialist private client investment business, have invested GBP7.5 million of private capital in the GBP24 million secondary management buyout (MBO) of global specialist container business Cargostore Worldwide Trading Ltd.The transaction sees the Management team led by CEO Justin Farrington Smith reinvesting alongside Connection Capital’s clients.

Sherpa Capital sells Cegasa Portable Energy to Autlán for EUR26.35m

Sherpa Capital, a private equity fund manager with EUR400 million in assets under management, has sold Cegasa Portable Energy to Mexican trade buyer Compañía Minera Autlán (Autlán) for EUR26.35 million.Founded in 1934 and headquartered in the Basque Country (northern Spain), Cegasa Portable Energy is the second largest producer of Electrolytic

Insight Completes venture acquisition of Armis for USD1.1bn

Insight has completed its venture acquisition of enterprise IoT security company Armis company, which was announced on 6 January, 2020, at a valuation of USD1.1 billion, with participation from CapitalG for USD100 million and rollover from certain existing stockholders.Armis will continue to operate independently and will be fully managed by its

Alliance Source Testing acquires METCO Environmental

Align Capital Partners’ (ACP) environmental services platform Alliance Source Testing (AST) has acquired METCO Environmental (METCO) from TestAmerica, a subsidiary of Eurofins Scientific (ERFSF).   METCO provides source emissions (or stack) testing services to customers primarily across the Texas and Gulf Coast regions with offices in Dallas, Houston, and Baton Rouge.

EQT and OMERS acquire Deutsche Glasfaser,

The EQT Infrastructure IV fund (EQT) and OMERS Infrastructure Management (OMERS) are to jointly acquire Deutsche Glasfaser from KKR Infrastructure and Reggeborgh.Since its establishment by Dutch investor Reggeborgh in 2011, Deutsche Glasfaser invested heavily in fibre infrastructure in underserved rural and sub-urban communities in Germany and today provides high-speed internet

Levine Leichtman portfolio company Smith System acquires Driver’s Alert

Smith System Driver Improvement Institute, a portfolio company of Levine Leichtman Capital Partners (LLCP), has acquired Driver’s Alert, a provider of fleet safety management solutions that combine real-time driver observation (via vehicle telematics and decal programsmes), comprehensive online safety training, and data management and risk identification tools.Founded in 1952, Smith

Ironwood Capital Connecticut exits Air Temp Mechanical Services

Ironwood Capital Connecticut, a unit of Ironwood Capital, has exited from a subordinated debt investment in Air Temp Mechanical Services (Air Temp), made by its co-managed fund.  The fund maintains its warrant position in Air Temp, headquartered in Southington, Connecticut. Air Temp is a full-service mechanical contractor with an emphasis on design

KSL Capital acquires Heritage Golf Group

An affiliate of KSL Capital Partners (KSL), an investor in travel and leisure businesses, has acquired Heritage Golf Group from private equity firm Tower Three Partners. The Heritage Golf Group portfolio includes three resort-style properties on Hilton Head Island in South Carolina (Port Royal Golf Club, Oyster Reef Golf Club, and

Top 50 PE-backed businesses boost Midlands economy by almost GBP1bn

The Midlands Private Equity Growth Barometer, which has been released today, highlights the region’s 50 fastest-growing private equity-backed businesses based on turnover growth in the past three years.The top 50 PE-backed businesses have made a considerable impact to the Midlands over the last three financial years, adding almost GBP1 billion

Oxx raises USD133m to invest in European SaaS companies

Oxx, a B2B software investor, has raised USD133 million to back Europe’s most promising SaaS companies from series A and beyond.Oxx invests broadly across software applications and infrastructure, with a particular interest in five key themes: data convergence & refinery, future of work, financial services infrastructure, user empowerment, and sustainable business.   Headquartered in

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