Deals
Intercontinental Exchange, an operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, has received regulatory approval for, and completed, its USD11 billion acquisition of Ellie Mae from leading private equity firm Thoma Bravo.“We are excited to begin the next important chapter in our journey to digitise the residential mortgage industry,” says Jeffrey C Sprecher, Founder, Chairman and CEO of Intercontinental Exchange. “Ellie Mae’s industry leadership and best-of-breed technology will better enable us to further accelerate the automation of the mortgage origination workflow, which will benefit stakeholders across the production chain, including consumers.”
Ellie
Investcorp, a global provider and manager of alternative investment products, has invested in Terminus Technologies, an artificial intelligence (AI) CITY and smart service provider in China. Investcorp has been investing in tech-enabled businesses for 20 years and focuses on identifying companies that it considers to have established business models and are supported by long-term secular growth trends such as AI.
Investcorp believes that its strategic investment in Terminus Technologies will not only contribute to the company’s growth, but it also reflects its confidence in the overall AI CITY layout and business model promoted by Terminus Technologies.
Ever since its
FSN Capital V has signed an agreement to acquire a majority stake in MHP Solution Group (MHP), a leading provider of logistics software in the DACH region, from Elvaston Capital. Existing management and current owners will re-invest alongside FSN Capital V and continue to own material stakes in the company. FSN Capital V is expected to obtain an ownership of 77 per cent in the group, with the remainder to be held by management and the seller.
MHP was founded in 1999 providing software that automates the shipping of goods and parcels and has since developed into one of the leading
Compusoft Group, a global software provider in the kitchen, bathroom and furniture industry, is to acquire Soft Tech. The acquisition of Soft Tech, a provider of software solutions for the window and door industry, will expand Compusoft’s presence into this market.Soft Tech’s software is exclusively built to design, estimate and manufacture windows and doors, with a key focus on the commercial and residential window, door and curtainwall space. Soft Tech offers a portfolio of innovative solutions to help fenestration businesses right through their life cycle, from quoting to manufacturing.
The acquisition of Soft Tech is aligned with Compusoft’s mission
Law firm RPC has supported a significant insurance transaction advising long duration insurance investor Beat Capital Partners in its strategic partnership with Bain Capital Credit, a global credit specialist.The deal was announced on 1 September and will close once regulatory approvals have been obtained. It will create a dedicated underwriting vehicle, funded by Bain Capital Credit, which will provide capital through Syndicate 4242 to support Beat’s underwriting businesses operating in the Lloyd’s market. Bain Capital Credit will become a significant investor in Beat and will join the board of directors.
This transaction is an important milestone in the progression
Turquoise, a London-based merchant bank specialising in energy, environment and efficiency, has announced its latest investment through Low Carbon Innovation Fund 2 (LCIF2) in Spark EV Technology. The investment, worth GBP160,000, is part of an ongoing GBP530,000 funding round for Spark EV Technology. This will support the company’s automotive market growth, assist business development efforts into China and expand its reach to European and North American customers. Harnessing live data and machine learning, Spark’s AI-based software produces highly accurate, personalised range predictions for electric vehicles.
With individual predictions typically ten times more accurate than existing OEM solutions, Spark aims to
I Squared Capital has completed the sale of Etenorte and Eteselva to Interconexión Eléctrica – ISA Peru for a USD158.5 million total cash consideration. Etenorte and Eteselva are regulated assets with over 740 kilometres of power transmission lines in Peru and were wholly owned subsidiaries of Inkia Energy, a portfolio company of I Squared Capital’s power generation and distribution facilities in nine countries across Latin America. In 2019, Etenorte and Eteselva generated approximately USD12 million in revenues.
“I Squared Capital continues to be at the forefront of global infrastructure investing through a combination of platform building and large opportunistic transactions,” says
INVL Baltic Sea Growth Fund has completed the acquisition of a stake in MBL Group (MBL), a European manufacturer of medical mobility devices, headquartered in Denmark.
Prior to the completion of this transaction, MBL was 70 per cent owned by the Lauritsen family, who founded the company in 1988, with the remaining 30 per cent ownership held by Accession Mezzanine Capital III, a fund advised by Mezzanine Management. As a result of this deal, the Fund has indirectly acquired 48 per cent of MBL while the remaining 52 per cent will continue to be owned by the Lauritsen family.
The
Align Capital Partners’ (ACP) environmental services platform Alliance Holdings (Alliance) has acquired the US-based Emissions Monitoring business unit (EM) of Bureau Veritas (BV). The EM business, which will now be known as Alliance Emissions Monitoring, (AEM), provides compliance-driven leak detection and repair (LDAR) services and emissions data management to enable customers throughout North America to meet state and federal regulatory requirements.
The formation of AEM is an important growth investment for Alliance as the Company continues to expand its geographic presence and offer new complementary services to its best-in-class source emissions testing group. “The opportunity to partner with EM’s experienced leadership,
Graycliff Partners has acquired Gerard Daniel Worldwide, a manufacturer and distributor of wire mesh and other wire products used in a variety of applications and end markets, marking its initial investment from its fourth private equity fund.Since its founding in 1952, Gerard Daniel has grown from a domestic reseller of wire mesh into a full-service manufacturer and distributor of more than 5,000 wire mesh and related products to over 3,000 customers worldwide. The company’s products are used for filtration, sound suppression, heat dispersion and electro-chemical applications, and sold into end markets such as automotive, aerospace, energy, pharmaceutical, electronics, food and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
