Deals
Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, has made a new investment in PowerShare, an electric vehicle (EV) charging platform startup based in China.
PowerShare provides an online platform that connects EV drivers, charge point operators and power suppliers to streamline the charging experience. It offers a cloud-based system, enabling suppliers to monitor the demand from vehicles with the supply capacity of the grid and drivers to find available charging stations.
PowerShare is the most recent addition to the Alliance Ventures portfolio in the field of early-stage development and entrepreneurs on the cutting edge of next-generation systems
Private equity investor Mid Europa Partners (Mid Europa) has sold Bambi, a biscuit producer in the countries of former Yugoslavia, to Coca-Cola HBC AG (Coca-Cola HBC). The transaction is subject to customary competition authority clearance and is expected to close in Q2 2019.
Mid Europa acquired Bambi in 2015 together with Imlek and Knjaz Miloš, the leading regional dairy and natural mineral water players, respectively, forming the consumer group – Moji Brendovi. Bambi, a confectionery producer, recognised the increased consumer focus on health and wellness and emerged as the regional biscuit category leader.
Robert Knorr, Co-Managing Partner of Mid
iwoca, one of Europe’s fastest growing small business lenders, has raised an additional GBP150 million in equity and debt capital. The investment brings iwoca’s total funding to GBP350 million.
iwoca’s most recent fundraising included a Series D equity round led by Augmentum Fintech, the specialist fintech venture capital investor. NIBC Bank and other existing investors, including Prime Ventures, also participated.
The capital raised will enable iwoca to support more small business owners across the UK, Germany and Poland. iwoca reached profitability in 2018, while doubling its revenue in each of the last three years.
iwoca built award-winning technology
Mid-market advisory firm Clearwater International continues to grow, with 70 per cent of its deals in 2018 having Private Equity (PE) involvement.
Anaqua, a provider of innovation and intellectual property management solutions, has secured a significant equity investment from Astorg, a European private equity firm.
As part of this transaction, Astorg will become the controlling shareholder of Anaqua, replacing Insight Venture Partners and Bessemer Venture Partners, both of whom have been investors since 2013.
The transaction will accelerate Anaqua’s global organic growth and acquisition strategy. This announcement follows the recent launch of AQX, Anaqua’s leading-edge software platform. With the integrated AQX platform, Anaqua’s customers can seamlessly access analytics and tech-enabled services to transform their IP assets into business success.
Astorg is
Funds managed by affiliates of Apollo Global Management have completed the previously announced acquisition of Aspen. The transaction, which was first announced on 28 August 2018, closed following receipt of regulatory approvals and the approval of Aspen’s shareholders.
Under the terms of the previously announced agreement and plan of merger, the Apollo Funds have acquired all of the outstanding ordinary shares of Aspen for USD42.75 per share in cash, representing an equity value of approximately USD2.6 billion.
Aspen is now wholly owned by the Apollo Funds, and Aspen’s ordinary shares have ceased trading on the New York Stock Exchange
Partner One Capital has completed the acquisition of Assima, a provider of a software solution that spans across the entire digital adoption life-cycle: from initial training, to live assistance, to enterprise-wide collaboration.
Assima is designed to maximise user performance and minimise errors for the world’s largest corporations and governments.
Under the terms of the agreement, Partner One Capital has acquired all of the global assets of Assima as well as its 12 divisions worldwide.
For the past 20 years, Assima software has played a vital role in improving user-adoption, user performance and increasing business efficiency for the largest
Gresham House’s British Strategic Investment Fund (BSIF) made five investments during 2018 and has now deployed over 45 per cent of its committed capital.
BSIF invests in the housing and infrastructure sectors, both identified by the UK Government as structurally important areas requiring local investment. As a closed-ended fund with a 12-year time horizon, BSIF invests with a long-term view into these important sectors. The fund targets an 8-10 per cent annual net return including a minimum income yield of 5-6 per cent per annum.
Sustainable investing forms a key part of BSIF’s investment philosophy. As well as seeking
Abacus Group, a provider of IT services for alternative investment firms, has completed the acquisition of competitor Proactive Technologies. The two companies will merge under the Abacus Group umbrella.
Since its founding in 2007, Proactive has grown to service over 120 alternative investment clients, mostly in the New York City area. As a result of the acquisition, Abacus Group, which as of year-end 2018 services over 400 clients across the US and the UK, will now be the largest IT managed service provider specialised in alternative investment firms in the New York metropolitan region, based on client count. For year-end
STAR Capital Partnership (STAR Capital) is to acquire ASL Aviation Holdings. Headquartered in Dublin, Ireland, ASL Holdings is a global aviation services provider with operations on six continents.
The Group’s multiple airlines provide ASL with wide-ranging traffic rights and valuable slots at key airports across Europe, Asia and Africa.
ASL’s airlines operate scheduled and charter flights under their own brands and operate passenger and cargo networks on behalf of major international customers including express freight integrators and passenger airlines.
STAR Capital has reached agreement with ASL Holdings shareholders, Compagnie Maritime Belge (51 per cent) and 3P Air Freighters
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
