Deals
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. The investment, coupled with new debt finance facilities provided by DunPort Capital Management, will provide Cargostore with significant capital to fund the next phase of the company’s growth plans. Cargostore’s current private equity backer, Agathos, will also retain a minority stake.
Established in 1993, Cargostore provides specialist transport and storage
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 Manganese Dioxide (EMD) in Europe, with annual sales of EUR17.7 million in 2019.
The scope of the transaction has been limited to the Cegasa Portable Energy business unit, which was carved out from the Cegasa Group for its divestment. In this way, the Cegasa Energía business unit was excluded
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 two co-founders, Yevgeny Dibrov, CEO, and Nadir Izrael, CTO, and its executive team, while leveraging the support of Insight’s industry-leading business strategy and ScaleUp division, Onsite. As part of the acquisition, Insight Co-Founder and Managing Director Jeff Horing, Insight Managing Director Teddie Wardi, Insight Principal Thomas Krane and Cyberstarts Founder
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.
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METCO is a leader in the region, building a strong reputation for quality over the past 40 years, providing source testing and air emissions services to chemical, oil & gas production and refining, demilitarisation, power generation, and other customers.
“Acquiring METCO adds experienced talent, resources, and expertise to
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 access to more than 600,000 households and 5,000 businesses. Deutsche Glasfaser’s scalable network, consisting of more than 30,000 kilometres of fibre-optic infrastructure, together with its best-in-class roll-out machine provides a strong platform for continued growth.
Looking ahead, the management team of Deutsche Glasfaser plans to continue the rapid growth
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 System is a trusted leading provider of safety training solutions for large commercial fleets and midstream pipeline operators, helping its customers reduce costs associated with negative operating behaviours and comply with stringent regulations. Its proven methods prevent crashes, reduce fuel and maintenance costs and — most importantly — save lives. The
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 build, service, maintenance, controls, retrofits, replacements and energy management systems.
Ironwood Capital Connecticut is focused exclusively on investments in Connecticut businesses and was created in connection with the Connecticut reinvestment statute, a bipartisan package intended to create jobs, spur innovation and strengthen the state’s economy.
“We’re pleased with
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 Shipyard Golf Club), two championship TPC clubs in Sarasota and the greater Tampa Bay area in Florida (TPC Prestancia and TPC Tampa Bay), and a private country club in Richmond, Virginia (The Dominion Club). Mark Burnett, who has held previous leadership roles with other KSL portfolio companies, has been named
Unmind, the workplace mental health platform, has raised USD10 million dolars in a Series A funding round.Led by Berlin-based Project A, with the continued support of Felix Capital, the funding – which is one of the largest series A rounds for a European mental health tech business – will support company growth, and its commitment to measurably improve the mental health of employees in workplaces around the world.
Since its launch in 2016, the company has seen fast-growth, growing revenue by more than 300 per cent in 2019. Today, it counts some of the UK’s most iconic businesses as
Keensight Capital has replaced Cathay Capital as majority shareholder of Datawords, alongside the founders’ team.The Datawords Group has a history of rapid expansion over the last five years, its turnover rose from EuR30 million to EUR70 million (at the end of 2019) and the number of employees doubled to reach 800 people.
The sustained organic growth has been particularly driven, since 2015, by the successful deployment strategy in North America (with the gain of numerous clients in the United States and the opening of new offices in Montreal and Mexico City) and the strengthening of the Group’s activity in Asia,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
