Deals
Insight Venture Partners (Insight), a global venture capital and private equity firm based in New York City, has acquired the majority of Israeli Venture Capital Fund’s Genesis Partners IV (Genesis Partners) portfolio.
Dr Eyal Kishon, Eddy Shalev, Jonathan Saacks and Gary Gannot of Genesis Partners will continue to serve on the boards of their respective investments.
“This acquisition signifies Insight’s deep commitment to our existing portfolio in Israel, as well as innovation in the region at large,” says Jeff Horing, Co-Founder and Managing Director, Insight Venture Partners. “Genesis Partners has built a strategic portfolio that has evolved to align
LBO France has acquired a stake in Moustache Bikes, a company that specialises in designing, assembling and distributing electric bikes.
The private equity firm Initiative & Finance is selling its 55 per cent stake held since 2015, and the company’s founding managers, Emmanuel Antonot and Grégory Sand, who hitherto owned 45 per cent of the capital, are reinvesting significantly.
The company, based in the Vosges and set up in 2011 by these two bike-lovers, has established itself on a recent, fast-growing market. Moustache Bikes has become the leading brand on the premium market in France, while exporting around 40
Palamon Capital Partners’ (Palamon) portfolio company Simplify Group (Simplify) is to acquire My Home Move. The businesses will be combined under the group name Simplify to become one of the largest conveyancing services business in the UK.
My Home Move owners Smedvig Capital will continue to hold a significant minority stake in the business.
Palamon invested in Simplify Group in 2014 on the basis that regulatory changes in the UK legal services market had created a significant opportunity for scale players to form and build market share through the creation of new technology-enhanced conveyancing service delivery. Despite a period of
Varagon Capital Partners (Varagon) is serving as administrative agent on a senior secured credit facility to support the acquisition of Worksoft by Marlin Equity Partners.
Headquartered in Dallas, TX, Worksoft is the industry’s leading continuous robotic test automation platform for enterprise packaged applications, offering a diverse ecosystem of service providers, software integrations, and machine learning solutions to enable true end-to-end, unattended automated testing of mission-critical business applications.
“We are excited to partner with Marlin Equity Partners along with the Worksoft management team to support their growth initiatives,” says Sam Kwon, Managing Director at Varagon.
UBS Asset Management’s (UBS-AM) Real Estate & Private Markets (REPM), in separate transactions undertaken on behalf of clients, has disposed of two properties for a combined total of GBP77 million.
The properties are at 21 Wilson Street, EC2M, and 158-164 Bishopsgate, EC2M, in the City of London.
21 Wilson Street, which was purchased by a private investor, was acquired by REPM in 2013 as part of a sale and leaseback transaction. The single-let office building comprises a total of 38,565 sq ft of space over basement, ground and five office floors leased to Arbuthnot Latham & Co Ltd.
Tantalum, a specialist in connected car software and payments, has sold Tracker, its UK stolen vehicle recovery business, to CalAmp. The sale follows swiftly on Tantalum’s acquisition of Springworks, a Stockholm-based connected car software house.
The sale of Tracker and Tantalum’s restructuring enables the enlarged group to deliver global connected car software and payments opportunities with its partners, such as its current rollout with AT&T across the US, with Telia in Scandinavia, and with Swisscom and AMAG across Switzerland.
Tantalum is building out the infrastructure to connect vehicles and their users to a global ecosystem. This ‘connectivity to payment’
Souter Investments has invested in the fintech interest-free-only credit provider, DivideBuy. The investment from Souter Investments and Jon Moulton through his family office Perscitus, alongside debt funding from Shawbrook Bank and Paragon Bank, will enable DivideBuy to grow further and offer many more UK retailers access to its market leading technology.
DivideBuy allows retailers to provide interest free credit as a purchasing option for their customers. The company has built its own market leading technology which it uses to underwrite 100 per cent of their own lending which gives full control and complete transparency to retailer partners and consumers.
The technology
Noerr has advised CEMEX, one of the world’s leading building materials companies, on the sale of its activities in Scandinavia and the Baltic states to Schwenk, a building materials group headquartered in Ulm, Germany in a EUR340 million deal.
In Latvia, Schwenk is taking over, a cement production plant with a production capacity of around 1.7 million tonnes, several quarries and ready-mixed concrete plants as well as a marine terminal. The sale also includes CEMEX’s export business to Estonia and an indirect equity interest of CEMEX in a cement plant in Lithuania with a production capacity of around 1.8 million
AnaCap-backed heidelpay Group, a fintech service provider in Germany, has acquired point-of-sale specialist Alpha-Cash Payment GmbH.
The purchase of Alpha-Cash Payment is heidelpay Group’s second investment in 2019 following the acquisition of PayLater and collection specialist Universum Group back in late January.
Alpha-Cash Payment GmbH is now the third company within the heidelpay Group allowing cashless payments to be transacted at the point of sale (PoS). The group acquired Hamburg-based StarTec Payment & Service back in October 2017, followed in May 2018 by the purchase of Avanti Technology Graf GmbH, the leading commercial network provider in the Munich region.
Ipsum Group (Ipsum), backed by Aliter Capital (Aliter), has completed its third bolt-on acquisition – the Scotland, North of England and Midlands-based operations of utilities and infrastructure maintenance, inspection and repair services provider EEG.
The deal excludes EEG’s Andover-based South of England operations.
EEG has a network of strategically located depots, delivering a range of services to the UK utility, facilities management and infrastructure sectors, including drainage maintenance and repair, civil engineering, asset mapping and flood prevention. The investment in EEG will strengthen Ipsum’s existing drainage maintenance services and fleet of specialist vehicles, broaden its geographic footprint and add
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
