Deals
International private equity firm, Cinven, is to make a significant investment in Jaggaer, a provider of procurement software for large and medium-sized enterprises. Alongside Cinven, Accel-KKR will maintain an interest in Jaggaer.
Headquartered in Research Triangle Park, North Carolina, Jaggaer provides cloud-based Source-to-Pay eProcurement solutions for spend management, which enables a fluid supply chain for its customers, driven by powerful spend analytics, vendor sourcing, contract lifecycle management, savings tracking, and efficient accounts payable systems on a single platform. Jaggaer’s international office network spans the Americas, APAC and EMEA and serves more than 2,000 customers across a broad range of sectors.
Octopus Energy Investments, a specialist clean energy investor and part of Octopus Group, has changed it name to Octopus Renewables with immediate effect.
The rebranding is intended to more accurately reflect the business’s core mission – to accelerate the transition to a future powered by renewable energy.
Since entering the renewables market in 2010, Octopus Renewables has grown to become the largest investor owner of solar power in Europe as well as a leading investor in onshore wind, managing over GBP3 billion of assets globally.
Recent international expansion has also seen significant new investments into Australia, Finland, France
Inflexion Private Equity has completed an investment in O’Neill Patient Solicitors (ONP), a UK-based B2B tech‐enabled provider of property and remortgage conveyancing services.
The investment is being made by Inflexion Buyout Fund V, Inflexion’s dedicated mid‐market fund. As part of this investment, Inflexion Private Equity has also acquired Grindeys a specialist conveyancing business.
Established in 1987, Stockport‐based ONP processes over 88,000 transactions per year for residential property purchases and remortgages. The firm markets its services through its strong relationships with panel managers, mortgage brokers and banks, whose referrals make up around 90% of ONP’s businesses. The firm utilises a sophisticated
Intermediate Capital Group has completed the acquisition of 100 per cent of Doc Generici, a company in the generic drugs sector, from the CVC fund.
The acquisition was financed, among other things, by a EUR470 million senior secured bond issue with variable interest rate and maturity 2026 by Diocle, a vehicle controlled by ICG.
The bonds, issued on 27 June 2019 in accordance with Rule 144A and Regulation S of the Securities Act, were listed on the Luxembourg Stock Exchange and the Italian Stock Exchange (Extra MOT segment). In the context of this issue, Diocle S.p.A. and other companies
Buyers Edge Platform, a provider of procurement software, group purchasing, and data analytics to the food service industry, has secured a significant investment from Bregal Sagemount, a New York-based growth capital fund.
Goldman Sachs Specialty Lending Group and AB Private Credit Investors provided debt financing.
The transaction will enable the company to pursue accretive mergers and acquisitions, invest in strategic growth initiatives, and make further platform innovations. Financial terms of the transaction were not disclosed.
Buyers Edge Platform represents a network of companies and 50,000 operator locations. The Company extends its software and data solutions, partnerships and contracts to
Soldo, the London-based fintech creating the next generation of payments and expense management solutions for businesses of all sizes, has closed a USD61 million Series B round led by Battery Ventures, a global technology-focused investment firm with extensive experience in cloud software, and Dawn Capital, a European venture capital fund dedicated to B2B software and fintech.
The funding round includes participation from Accel, the global VC firm – whose portfolio companies include Facebook and Slack – Connect Ventures and Silicon Valley Bank, bringing Soldo’s funding total to USD82 million.
Soldo’s Series B round is the largest to date for a
GTT Communications, a global cloud networking provider to multinational clients, is to acquire KPN International, a division of KPN N.V. headquartered in Netherlands, for approximately EUR50 million in cash, on a cash and debt-free basis.
KPN International operates a global IP network serving enterprise and carrier clients.
“The acquisition of KPN International deepens our market presence in the European region,” says Rick Calder, GTT president and CEO. “The world-class resources contributed from this acquisition, including a highly experienced team, international network assets and a deep roster of multinational clients, will help us deliver on our purpose of connecting people across
FRP Advisory (FRP), a specialist business advisory firm, has advised Alchemy Special Opportunities (Alchemy) on a multi asset-based refinancing of Anglian Home Improvements Group Limited (Anglian), a UK-based suppliers and installers of windows, doors and other home improvement products.
This investment supports the growth ambitions of the business, allowing it to address current demand and future market opportunities.
Following a competitive process, which was managed by the debt advisory team at FRP Advisory, Arbuthnot Commercial ABL provided a highly attractive financing structure incorporating term loans and a revolving facility, covering receivables and inventory.
Tom Cox, Partner in the
Global private equity activity decreased by 1.8 per cent year-on-year to USD550.6 billion in transactions, according to Bloomberg’s final Q2 2019 league table reports, which represent market leaders across a broad range of deal types, including M&A, Equities, loans and bonds transactions over the last quarter.
However, the United States continued to be the most acquisitive country in H1 2019, accounting for 45.5 per cent of the global private equity volume. The acquisition of GLP Pte Ltd’s Urban infilllogistic assets by Blackstone Group for USD18.7 billion was the largest private equity deal in the region.
Private equity activity for EMEA-based targets meanwhile reached
By Elizabeth Pfeuti – As institutional investors, such as pension and sovereign wealth funds, build internal teams and grow increasingly sophisticated, they are wanting a more direct role in how their assets are allocated. Nowhere has this trend been more apparent than in the rise of co-investments with private equity partners.
In the last three months, major investors including some of the largest pension plans in the US have outlined their ambitions in this area.
Commenting on its newly inked partnership with GCM Grosvenor, chief investment officer of the USD31 billion South Carolina Retirement System Investment Commission Geoffrey Berg said
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
