PE Tech Report

Transport & Logistics

Littlejohn & Co acquires Magnate Worldwide

Private investment firm Littlejohn & Co has acquired Magnate Worldwide (MWW), a diversified supply chain management company comprised of a strong portfolio of complementary, premier logistics services focused on premium freight services. Terms of the transaction have not been disclosed. MWW provides logistics services for sensitive, time-definite, high-value, and white-glove

Raine Group and VNV Global lead USD115m series D financing in Voi

Voi Technology â€“ a European specialist in micromobility â€“ has raised USD115 million in an oversubscribed financing round led by Raine Group and VNV Global. Existing investors including Inbox Capital, Nordic Ninja, Stena Sessan, Kreos Capital also participated along with new investors Ilmarinen, Nineyards Equity and ICT Capital and others. Leading entrepreneurs and operators

Next Century Ventures makes inaugural investment in ANRA Technologies

Next Century Ventures (NCV), the corporate venture capital fund of NEXEN TIRE, has invested in ANRA Technologies, a specialist in air traffic control and commercial solutions in the Urban Air Mobility (UAM) industry. Urban Air Mobility (UAM) is a technology that aims to improve the efficiency of transportation in urban

Bregal Sagemount makes significant investment in Transflo

Bregal Sagemount (Sagemount), a global private equity firm that specialises in backing growing companies to the Board and investor base, has made a significant equity investment in Transflo, a provider of mobile business intelligence and payments facilitation tools to the transportation sector, backed by tech-focused private equity firm True Wind

Red Arts Capital sells RAC MME Holdings to Knight-Swift Transportation for USD150m

Red Arts Capital (Red Arts), a middle-market, sector-focused private equity investment firm, has sold RAC MME Holdings, LLC to Knight-Swift Transportation Holdings, Inc for USD150 million in cash.  Red Arts Capital partnered with Prudential Capital Partners, Brightwood Capital Advisors, LLC and several family offices in 2019 to acquire MME, Inc

Inflexion makes minority investment in WithWise

Inflexion has made a minority investment in WithWise (Wise), a software provider for logistics delivery firms serving the e-commerce sector. The investment is being made by Inflexion Enterprise Fund V. The Wise platform is currently used by over 250 UK logistics firms and 14,000 self-employed drivers to manage everything from

Brunnur Ventures invests USD2.8m in Hopp

Brunnur Ventures has invested USD2.8 million in Hopp, a sustainable electric scooter rental company focused on smaller cities, local travel and smaller fleets – an almost untouched market as more than 95 per cent of cities in Europe with less than 500,000 inhabitants are currently unserved. Hopp is expanding its

AMP Capital exits ESVAGT to 3i Infrastructure

AMP Capital is to sell its 50 per cent stake in ESVAGT to its co-investor 3i Infrastructure. This will result in 3i Infrastructure holding 100 per cent of the business.  ESVAGT is a leading offshore vessels owner and operator in the North Sea supporting the offshore wind and oil &

MEIF Maven Debt Finance supports AP Taylor with GBP750,000 funding package

AP Taylor has secured a GBP750,000 funding package from the Midlands Engine Investment Fund (MEIF), for the East & South East Midlands Debt Finance fund managed by Maven Capital Partners (Maven) and backed by the Recovery Loan Scheme. The Luton-based leading logistics business will use the capital funding to invest

Events

24 October, 2024 – 8:30 am

Directory Listings