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Managers

Ashurst advises Agilitas on sale of Recover Nordic to EQT Partners

International law firm Ashurst advised long-standing client Agilitas Private Equity on the sale of Norway-based property remediation and environmental services specialist Recover Nordic to EQT Partners. The deal gives the company an enterprise value of NOK3 billion (GBP248 million). Recover Nordic, which was acquired by Agilitas in 2013, is the

Ada Ventures closes flagship USD34m fund to invest in overlooked founders

Ada Ventures has raised a new USD34 million (GBP27 million) fund which will invests in ‘overlooked’ company founders. At present, 92 in every 100 dollars invested in Europe goes to all male teams, 83 per cent founders are white, 82 per cent are university educated. In the UK, a quarter

Outlier Ventures invests in Cudo Ventures

Outlier Ventures, a venture platform focused on growth investing, has become the lead adviser to and an investor in Cudo Ventures, a provider of cloud computing and monetisation software. Cudo is the leading player in the rapidly growing and developing market for the next generation of cloud computing. The company

Souter Investments completes acquisition of Stone Group

Souter Investments has completed the acquisition of a majority stake in Stone Group, an ICT services provider, in an equity and debt refinancing of the business led by CEO Simon Harbridge and the existing management team. Founded in 1991, Stone Group has assisted thousands of organisations in adapting and thriving

Prime Capital’s planned Green Energy Infrastructure Fund receives Second-Party Opinion from Sustainalytics

Prime Capital AG, an independent alternative asset manager and financial services provider, has received the first Second-Party Opinion on an infrastructure equity fund from Sustainalytics, a global specialist in ESG research, ratings and analysis. Prime Capital’s planned Green Energy Infrastructure Fund, investing primarily in greenfield onshore wind projects in the

Foresight invests GBP1.6 million into smart hot water tank company Mixergy

Foresight Group (Foresight) and Williams Advanced Engineering (Williams) have a made a GBP1.6 million investment into Oxford University spin-out Mixergy Limited (Mixergy), a specialist in smart hot water tanks. Mixergy was founded in 2014 by Peter Armstrong, CEO, and Ren Kang, Head of R&D, following the completion of their PhD

Digital forensics firm secures GBP1.3m in new funding round

Cyan Forensics – an Edinburgh-based start-up producing technology to help police investigators find evidence faster – has secured a further GBP1.3m from a consortium of investors. The funding, which has come from Triple Point Investment Management, Mercia, SIS Ventures, the Scottish Investment Bank and private investors, will support the company’s expansion

Blue Point IV makes sixth acquisition

Blue Point Capital Partners (Blue Point) has made its sixth Blue Point IV platform acquisition, Mattco Forge (Mattco), a designer and manufacturer of quality engineered forged metal products primarily for the aerospace & defence (A&D) industry.

Parthenon Capital closes Parthenon Investors VI

Parthenon Capital, a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin, has held the first and final close of Parthenon Investors VI with more than USD2.0 billion in commitments. Parthenon Fund VI exceeded its initial fund target of USD1.5 billion. “We appreciate the rapid and

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