Deals
An investment subsidiary of Investindustrial VII and Black Diamond Capital Management, are to buy, on a 50/50 basis, Hexion PSR , a carved out division of global diversified chemicals company Hexion Inc.Hexion PSR is a global producer of phenolic specialty resins, engineered thermoset moulding compounds and merchant formaldehyde with a leading market position in Europe.
The consideration of USD425 million consists of USD335 million in cash and certain assumed liabilities with the remainder in future proceeds based on the performance of the company. The transaction is expected to close in Q1 2021. Together, the company’s businesses posted sales of
Private equity firm Trilantic North America has closed a substantial minority investment in Rarebreed Veterinary Partners, a technology-enabled veterinary services platform.
Founded in 2018 in Portland, Maine, Rarebreed is focused on taking care of the people who take care of animals, with the goal of becoming the employer of choice for those dedicating their professional lives to veterinary care. Today, Rarebreed employs more than 450 people across its footprint of 17 veterinary practices in the Northeast, including the recent acquisition of Greenwich Village Animal Hospital, its first location in New York.
“We were drawn to the opportunity to invest
Global digital consultancy Appnovation has received GBP6.8 million in follow-on equity financing from a partnership between UK-based BGF, the Canadian Business Growth Fund (CBGF) and Export Development Canada (EDC).
With 15 offices across North America, Europe and Asia-Pacific, Appnovation will use the proceeds from this investment to continue its global expansion and growth strategy. This includes scaling teams in strategic global markets, particularly in the UK and across Europe, as well as potential acquisitions.
Both CBGF and BGF made initial investments in Appnovation in July 2019 totalling GBP8.8 million. Since then, Appnovation has scaled up its EMEA operations, which
Aurelius Wachstumskapital SE & Co KG, an investment company with a long-term horizon that acquires stakes in successful small and medium-sized enterprises in high-growth sectors, has raised EUR120 million in fresh capital to invest in SMEs.
As part of the Aurelius Group, a pan-European asset manager, Aurelius Growth Investments focuses on investments in sustainably successful small and medium-sized enterprises in Germany, Austria and Switzerland.
The principal activities of Aurelius Growth Investments, which is managed by Nico Vitense and Claudius Graf von Plettenberg, both responsible for transactions, and Eric Blumenthal, responsible for operations, involve owner buyouts and (early) succession solutions, as
QuadPay, the US-based payment instalment platform, has secured a senior secured a revolving line of credit of up to USD200 million from Goldman Sachs, with mezzanine financing provided by Oaktree Capital.
QuadPay secured the facility through Finitive’s direct lending platform.
QuadPay will use the credit facility to expand its buy now, pay later (BNPL) business to new merchants throughout the US. QuadPay partners with merchants to allow their customers to pay via instalments for merchandise purchased online or in-store. QuadPay recently merged with Zip Co Ltd (ASX: Z1P) to create a USD2 billion global payments business. The combined entity
YourParkingSpace, a UK on-demand parking platform and provider of intelligent parking solutions, has secured a GBP5 million investment from Pelican Capital to support the next phase of its growth strategy.
The funds will be used to further develop YourParkingSpace’s proprietary technology which already markets over 80,000 bays in the UK from private individuals through to operators including Tesco, Morrisons and Premier Inn. By using YourParkingSpace, space owners can monetise this underutilised resource whilst commercial clients across hospitality, retail and property can drive footfall and improve customer experience.
The investment will support the next phase of growth for the company.
Vector Capital, a private equity firm specialising in transformational investments in established technology businesses, has invested in event tech platform Patron Technology (Patron).
Patron offers a full-suite of event technology solutions for live, virtual, and hybrid events designed to transform the attendee experience. The company empowers event organisers at conventions, sports arenas, music venues, performing arts festivals, and other attractions to tailor their ticketing, mobile, experiential marketing, and cashless products to fit each of their vertical-specific needs. Patron’s seasoned management team, led by Chief Executive Officer Marc Jenkins, is remaining with the business.
“We are excited to back Patron
Private equity funds managed by Blackstone Energy Partners have closed the sale of their approximately 42 per cent stake in Cheniere Energy Partners, to Brookfield Infrastructure and funds managed by Blackstone Infrastructure Partners.
The transaction values the approximately stake at USD7 billion.
The sale represents the culmination of Blackstone Energy Partners’ eight-plus years of involvement with Cheniere. In 2012 Blackstone Energy Partners and its affiliates invested USD1.5 billion in Cheniere Energy Partners to build the first two liquefaction trains at the Sabine Pass LNG facility in Louisiana. Sabine Pass was the first LNG export facility in the lower 48 states,
Align Capital Partners (ACP) has closed the fifth strategic add-on for its utility market intelligence, data science and consulting platform E Source, with the acquisition of Excergy, a consulting and technology implementation firm that partners with water, electric, and gas utilities and municipalities.
Excergy helps customers assess, design and deploy operational technologies, such as advanced metering infrastructure (AMI) solutions, through multi-year engagements.
Based in Denver, Colorado, Excergy’s services include all aspects of a project from determining technology needs, writing RFPs, vendor selection, implementation and integration, customer communication and project management to completion.
“E Source is a great partner
Warburg Pincus has agreed to make a strategic investment in GA Foods, a provider of nutritional meals serving healthcare and senior customers.
The growth investment will support future strategic initiatives including continued investments in the healthcare sector and scaling the company’s manufacturing and logistics footprint.
Founded in 1973, GA Foods is a specialised maker of highly specified meals serving the unique needs of healthcare members, seniors, children, the military, and for disaster relief efforts. The Company’s services include meal design, food preparation & packaging, distribution, and integration with payor & provider systems for both home-delivered and congregate customers. These meals
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
