Deals
Arlington Capital Partners has agreed to sell Polaris Alpha, a provider of mission solutions for complex defence, intelligence, and security customers, as well as to other US federal government customers, to Parsons.
Parsons’ acquisition of Polaris Alpha will be the latest in the company’s series of strategic investments focused on companies with technologies aligned to evolving threats in the land, sea, air, space, and cyber domains.
Parsons’ existing artificial intelligence (AI), signals intelligence, and data analytics expertise supporting defensive and offensive cybersecurity missions will be expanded by the integration of Polaris Alpha’s machine learning, data, video, multi-source analytics and
UK private Equity firm Sovereign Capital Partners, has exited its investment in Kindertons, a nationwide provider of outsourced accident management services for motor insurers and insurance brokers, together with claims management services, to ExamWorks, a portfolio company of Leonard Green & Partners.
Completion is subject to change of control consent by the Financial Conduct Authority and the Solicitors Regulation Authority. The exit will deliver a gross return of 8x and a 73 per cent IRR to investors.
Sovereign originally completed the management buy-out of Kindertons in October 2013, with Sovereign worked closely with the management team to appoint Jon
Sandton Capital Partners, a special situations investment fund, has acquired VVB Engineering Ltd (VVB), a specialist mechanical and electrical contractor, for an undisclosed sum.
Established in 1991; VVB is one of the leading contractors in the UK, for mechanical and electrical works in the construction and installation of tunnels. The company works on many high-profile projects in partnership with some of the main UK and European civil contractors, operating in five key strategic sectors; rail, road, airport, power and utilities and construction. VVB’s head office is in Ramsden Heath, Essex and they employ over 250 people with a turnover of GBP75million.
Emerson (EMR) has agreed on terms to acquire Aventics from Triton for a cash purchase price of EUR527 million. Aventics is among the global leaders in smart pneumatics technologies that power machine and factory automation applications.
Emerson is a leader in fluid automation technologies for process and industrial applications, and Aventics significantly expands the Company’s reach in this growing USD13 billion market.
Aventics builds upon and strengthens Emerson’s capabilities and solutions in key discrete and hybrid automation markets, including food and beverage, packaging, automotive assembly and medical equipment. Emerson’s expanded offering creates one of the broadest portfolios of
Wabtec Corporation is to merge with GE Transportation, a unit of General Electric Company (NYSE:GE). The combination will make Wabtec a Fortune 500, global transportation leader in rail equipment, software and services, with operations in more than 50 countries.
Under the agreement, which has been approved by the Boards of Directors of Wabtec and GE, GE will receive USD2.9 billion in cash at closing and GE and its shareholders will receive a 50.1 per cent ownership interest in the combined company, with Wabtec shareholders retaining 49.9 per cent of the combined company. The transaction is expected to be tax free
Ropes & Gray has advised private equity firm Epiris on its acquisition of The Club Company, a UK-based country club operator, from a company affiliated with Lone Star Funds.
Financial terms of the transaction have not been disclosed.
The Club Company operates 13 country clubs predominantly located in central and southern England. The clubs have over 40,000 members and offer a range of facilities, including championship-standard golf courses, state-of-the-art health and fitness facilities, swimming pools and tennis courts, as well as bars, restaurants and accommodation.
The Ropes & Gray team was led by private equity partner Phil Sanderson
Action sports protection brand Ruroc has received a GBP3 million investment from BGF, adding further firepower to its international growth plans.
The Ruroc range – which includes its signature full-face helmet with detachable face mask and the world’s first fully ventilated magnetic lens goggles – is gaining rapid traction across the globe as the go-to brand for action sports protective gear. Over the past 8 years Ruroc’s high-quality, high-specification designs have had a constant presence in the pit lanes of the Formula 1, NASCAR, Aussie V8 and MotoGP competitions.
Headquartered in Gloucestershire, Ruroc currently exports to more than 80
Creative industries specialist, Edge Investments (Edge), has invested in a significant shareholding in Hoop, a fast-growing marketplace which helps families find and book organised local activities for children and the organisers of those activities to increase their profitability.
From local baby and toddler groups to swimming lessons, from drama classes to creative workshops, Hoop makes it easy to discover and book fun activities for families, enabling the predominantly smaller businesses which put on these activities to attract new customers, handle bookings and payments more efficiently and grow.
The GBP4 million Series A round was led by Edge and includes
Carey Olsen’s investment funds team in Jersey has advised the South-east Asia focused AVI Frontier Fund I on its second close and investment into Techcombank’s landmark listing on Vietnam’s Ho Chi Minh Stock Exchange.
The new funding round follows the fund’s successful first close last July and subsequent exit from its first investment, which returned 37 per cent gross to investors in six months.
Partner Chris Griffin led the Carey Olsen team advising AVI and was assisted by associate Katrina Lindsay.
Griffin says: “It’s good to see AVI using the ever-popular and flexible Jersey Private Fund regime to
Maranon Capital has acted as Joint Lead Arranger for a senior credit facility to support Comvest Partners’ acquisition of Engage2Excel (E2E).
E2E, headquartered in Statesville, North Carolina, is a leading provider of employee recognition, sales incentives, talent acquisition and consumer loyalty solutions and services. E2E’s solutions focus on attracting, retaining, and engaging both employees and customers to increase productivity and profitability.
E2E maintains relationships across a diversified client base ranging from Fortune 100 companies to small and medium-sized businesses.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm