Deals
Silicon Line, a specialist in developing and providing innovative ultra-low-power optical link technology for consumer electronics as well as commercial and industrial markets, has raised EUR8.2 million (USD9.5 million) in a Series B financing round led by Capital-E.
Additional investors in the Series B round include LRM, Munich Venture Partners and Unixtar. The financing will be used to ramp-up production of the company’s optical modules – tiny circuit boards inside cable connectors; upgrades to the company’s module factory located in Hasselt, Belgium; the hiring of additional design engineers; and opening of local customer support offices in Asia.
Capital-E, LRM and
Augmentum Fintech, a European fintech venture capital firm, has made an investment of GBP2.5 million in UK-based residential rent-to-own specialist Unmortgage, as part of a GBP10 million fundraising.
Augmentum is participating in this fund raising alongside existing investor Exponential Ventures, and other investors.
Unmortgage will offer a unique part-own part-rent model of home ownership, requiring as little as 5 per cent deposit with customers paying a market rent on the portion of the home that Unmortgage owns, with the ability to increase the equity in the property as their financial circumstances allow.
The new funds are being raised
SVPER, a social, instant video-only app for forming new real-life relationships in real time, has secured strategic investments from LBank, a Superior and Specialized Digital Exchange, and DAEX Blockchain Group (DAEX), a distributed digital asset clearing ecosystem built using a blockchain-based multi-asset clearing and settlement protocol.
SVPER remains in advanced negotiations with many other private sale investors and has received pledges/term sheets for the Company’s token sale.
SVPER is developing a new digital identity standard that is call “Digital DNA”. The SVPER community will validate each other’s identities by leaving reviews based on the accuracy of personal information to
Mid-market private equity investor LDC has invested more than GBP25m in Love Energy Savings, a leading energy price comparison specialist, in a secondary buyout of the business to further accelerate organic growth.
The deal also marks a partial exit for NVM Private Equity, which first backed the business in September 2015.
Founded in 2007 and headquartered in Bolton, Love Energy specialises in the comparison of business energy prices. It connects small and medium-sized businesses with the UK energy supplier that offers the most appropriate gas and electricity tariff, before helping its customers to switch provider.
Under the leadership
Tailor-made wintersports operator Ski Solutions has supported the management buyout of Highlands-based adventure operator, Wilderness Scotland, after securing GBP3.1 million of follow-on investment funding from Mobeus.
Wilderness Scotland is a tour operator based in Aviemore in the Scottish Highlands, which offers a range of walking, cycling and kayaking tours in Scotland, the North of England and Ireland.
The enlarged group has been renamed Active Travel Group and will comprise Wilderness Scotland and its sister brand Wilderness Ireland, alongside Ski Solutions and outbound cycle and walking operators BSpoke and Cycling for Softies.
The Active Travel Group expects to have
IF&P Foods, a portfolio company of middle market private equity firm Rotunda Capital Partners has acquired Cibus Fresh on July 31 2018.
Terms of the transactions have not been disclosed.
Cibus Fresh is an Indiana-based food service company specialising in high-quality made-to-order packaged convenience foods. The acquisition will accelerate the growth of IF&P by expanding its convenient grab-and-go offerings to include chef-curated sandwiches, wraps, flatbreads, salads, snack packs and parfaits cups. It will also provide an 11,000 sq ft state-of-the-art FDA and USDA inspected kitchen facility certified with the Federal Grant of Inspection to ensure optimum food safety and
O’Melveny has represented Solace Capital Partners in acquiring a majority interest in Fabcon Holding Corporation, a manufacturer of precast, pre-stressed concrete wall panels, from Platinum Equity, which acquired Fabcon in 2016.
Fnancial terms of the deal have not been disclosed.
Fabcon’s structural precast wall panels are used primarily in the construction of warehouses and distribution centres as well as mixed-use office, industrial, data centres and retail facilities. Fabcon serves the eastern half of the US through its four strategically located manufacturing facilities in Minnesota, Ohio, Pennsylvania and Kansas.
Solace Capital Partners is a private investment firm focused on
Grasshopper Solar, a Canada-based solar energy company, has made a USD80 million investment in Setouchi Koken’s Iizuka Solar Plant located in Fukuoka, Japan.
This 21.6MW ground mount project will utilise 65,455 solar panels, generate 26,136 MWh of clean energy and offset 19,451 tons of carbon emissions per annum.
The Iizuka Power Plant will be developed by Setouchi and its Japanese partners with construction commencing in Q4 2018, and is expected to achieve commercial operation by Q3 of 2020. This project, once completed, will participate in the country’s Feed-in Tariff program with a 20-year JPY36/kWh contract awarded by METI (Ministry of
Strata Fund Solutions (Strata), a fund service administrator for venture capital, private equity and other alternative asset managers and allocators, has closed a significant growth equity investment from FTV Capital.
Strata will continue investing in technology, product and client-centric service enhancements to deliver highly customised client solutions. Jared Broadbent, Darren Benson and Nathan Rees, Strata’s co-founders and managing partners, will continue their leadership of Strata and remain significant shareholders in the company. As part of the transaction, FTV Capital managing partner Brad Bernstein and partner Kyle Griswold will join the founders on the company’s board of directors. StepStone Group, a
Funds managed by Ares EIF, Ares Management’s power and infrastructure strategy, have closed on the acquisition of substantially all of the assets and business interests of Paradigm Energy Partners from an affiliate of Stonepeak Infrastructure Partners.
The Paradigm assets will be combined with Ares EIF’s adjacent Van Hook Gathering System, which it acquired in 2015, to form a premier regional midstream platform serving the core of the Williston Basin in North Dakota, with additional reach into the prolific Eagle Ford Shale in South Texas. The combined entity, which will continue to be known as Paradigm, will continue to be operated
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
