Deals
AnaCap Financial Partners (AnaCap), a European financial services private equity firm, is rebranding its Barclays France business as Milleis Banque (Milleis) with immediate effect.
This follows the successful completion of the acquisition of Barclays’ French retail, wealth and investment management operations (including subsequent regulatory approval) in September 2017.
The rebranding exercise is designed to reflect both the expansion and simplification of its product range, further bringing Milleis in line with the needs and expectations of its broadening customer base. The product development initiative was started in September 2017 and includes to date the introduction of new life insurance policies
Progressio has completed the sale of Industrie Chimiche Forestali SpA (ICF) to EPS Equita PEP SPAC (EPS).
ICF is a prominent player in adhesives for the footwear, automotive and flexible packaging sectors, with approximately EUR80 million in turnover and a commercial presence in over 70 countries. Founded in 1918, the company turns 100 this year. Since inception ICF has maintained a strong international presence, which was further strengthened by its entry into automotive and flexible packaging adhesives and the special fabrics sector.
The buyer is EPS, a special purpose acquisition company (SPAC), promoted by Equita and Private Equity Partners, and is listed on AIM Italia – Alternative Capital Market. With this acquisition
Xenikos, a clinical-stage biopharmaceutical company currently developing a novel therapy for treating acute graft-versus-host disease (aGVHD), has secured USD30 million in a Series B financing round.
Two new investors in the company – Medicxi Ventures and RA Capital Management – participated in the financing round. The funds will be used to advance the development of Xenikos’ lead compound, T-Guard, including conducting clinical Phase 3 registration trials in the US and EU, arranging commercial-scale production, and submitting the relevant applications for market approval. In connection with this financing, Dr Jon Edwards of Medicxi and Dr Jake Simson of RA Capital will
Law firm CMS is acting for main market listed ITE Group (ITE) on its proposed GBP300 million acquisition of Ascential’s Exhibitions Business.
The consideration for the acquisition (including estimated costs) is intended to be funded through a GBP315 million rights issue, which has been fully underwritten on a standby basis by Investec Bank plc. ITE is also seeking to increase its debt facilities by GBP50 million with a view to reducing the amount required to be raised by the rights issue to GBP265 million. It is expected that the rights issue will also be underwritten by Numis Securities Limited in due course.
TECHNEDs has made a strategic investment in Measure My Energy that will utilise the investment firm’s expertise and planning in the field of emerging technologies.
Together, TECHNEDs and Measure My Energy will explore new commercial strategies to disrupt the manner in which businesses can understand their utilities expenditure.
“We are very excited to have Measure My Energy as part of the TECHNEDs family. The field of energy monitoring presents significant opportunities for companies like Measure My Energy to enhance their focus on innovation and bring emerging technologies to market.” says Simon Mewett, CEO, TECHNEDs. “We also believe that by
Investcorp has established a platform to enter the highly fragmented German dental sector.
As its initial investment, Investcorp has acquired Privatzahnarztklinik Schloss Schellenstein GmbH (PSS), one of the leading centres for implantology and dental surgery, which attracts both domestic and international patients and is based in North Rhine-Westphalia, Germany. PSS employs around 40 people including dentists, dental nurses and technicians and is led by Professor Dr. Fouad Khoury. The deal follows Investcorp’s recent acquisition of Acura Kliniken, a licensed hospital in Albstadt, Germany.
Following the acquisition of PSS, the platform intends to make further investments in the highly-fragmented German
Inverness Graham, a private investment firm based in suburban Philadelphia, has sold Spirion LLC, a provider of enterprise data management security software, to the Riverside Company.
Spirion helps customers reduce their sensitive data footprint and minimise risks of cyber-attacks. Spirion’s customers include leading firms in the financial services, retail, healthcare, education, and public sectors. Inverness Graham acquired Spirion in December 2014.
“We are very pleased with the team’s accomplishments at Spirion during our three-year hold,” says Trey Sykes, Managing Principal of Inverness Graham. “The company was able to accelerate growth by both expanding their product capabilities and successfully penetrating strategically targeted,
Edison Partners has completed the sale of its stake in Billtrust, a payment cycle management specialist, to New York-based private equity firm W Capital Partners.
The sale generated more than an 10x return for Edison, the first institutional investor in Billtrust. Additional financial terms of the sale were not disclosed.
Founded in 2001, New Jersey-based Billtrust helps companies automate and accelerate their accounts receivable (AR) processes to increase cash flow, improve operational efficiency and drive customer satisfaction. Since Edison’s investment, Billtrust has grown revenue 30x, built its workforce to more than 500 employees and acquired seven companies, including its most recent
A team of Hogan Lovells’ lawyers has advised The Craftory, a newly incorporated UK company, on its incorporation and capitalisation by management and investors.
The Craftory’s stated investment objective is to invest in the world’s boldest challenger brands across the Fast Moving Consumer Goods (FMCG) space (with a particular focus on the UK, USA and Mainland Europe). The aggregate capital commitment of the investors is approximately USD300 million.
The HL team was led by partner Robert Darwin. The corporate team included senior associates, Simon Grimshaw and Tarsis Goncalves alongside associate Sid Sethi. Partner Karen Hughes and Counsel Fiona Bantock led
Horizon Capital has exited its full stake in Ergopack, a Ukrainian manufacturer of household goods, to Sarantis, a European strategic investor and publicly-listed consumer goods company.
Since Horizon Capital’s investment, Ergopack’s revenue has grown more than 15 times in local currency terms, the Company has launched an additional production facility in Ukraine and modernized its recycling processing capabilities. Together with Ergopack’s dedicated operating founders, Andrii Osypov and Andrii Fayura, Horizon Capital has played a vital role in the Company’s development, expanding and strengthening the management team and pivoting exports to Western markets. Horizon Capital also led efforts to instil best-in-class
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
