Deals
Ardian, an independent private investment company, has entered into exclusivity with some family shareholders and Tikehau Capital to acquire a controlling stake into Les Dérivés Résiniques et Terpéniques (DRT).
The proposed transaction values DRT at approximately EUR1 billion and is fully supported by DRT’s management team which will remain in place and is headed by its CEO Laurent Labatut. This transaction would be a further step in the company’s development path as many individual shareholders and Tikehau Capital have decided to reinvest part of their proceeds alongside Ardian.
Created in 1932 and headquartered in Dax (France), DRT is a global
Mubadala Investment Company, an Abu Dhabi Government owned company, has acquired Verno Capital’s private equity advisory unit to strengthen its internal investment and asset management capability across Russia and the CIS region.
The transaction sees a number of Verno employees transfer to Mubadala, who will now have a complete focus on Mubadala’s Russian portfolio and investment pipeline. This comes as Mubadala seeks to grow its Russia investment portfolio across multiple sectors.
Mubadala has been a major shareholder and investor in Verno Capital since 2010, deploying capital across Verno’s funds as well as using its investment advisory unit’s services to support
Praesidian Capital, a provider of senior and subordinated capital for small and mid-sized businesses, has led a USD12.0 million mezzanine debt investment and a USD0.3 million equity co-investment to support the acquisition of Remedy Health Media (Remedy) by Topspin Partners (Topspin).
Headquartered in New York, NY, Remedy is a leading digital health platform specialising in inspirational, video-based storytelling and award-winning digital brands. The Company’s portfolio of brands includes HealthCentral, TheBody, TheBodyPro, BerkeleyWellness, and Healthcommunities. Its largest property, HealthCentral, has become a primary destination for inspirational multimedia patient stories – under the Live Bold, Live Now initiative – that connects Remedy’s
RPC and The British Private Equity and Venture Capital Association (BVCA) have launched a new guide on private equity fund restructurings to bring clarity to this complex area.
RPC has produced the guide for fund sponsors, investors and investment professionals, going through potential scenarios that could require a private equity or similarly structured investment fund to restructure and what needs to be done.
The guide covers several issues including: Brexit; adverse fund economics; investor defaults; and manager distress.
The guide also details the liabilities and defences for asset managers when faced with litigation, as well as certain recent
APEXX, a single marketplace for global payments, has closed an initial seed funding round and been awarded a grant by Innovate UK, activity totalling USD4 million (GBP3.2 million).
The round was led by Forward Partners, a top London-based VC which specialises in applied artificial intelligence (AI) and have previously invested in EmpowerRD, Ably and Epic. The round was also supported by MMC Ventures and Alliance Venture, based in Oslo, Norway.
The global APEXX network is made up of payment service providers and banks which helps merchants to reduce the cost of cross border payment acceptance, increase sales with optimised payment transaction routing and manage multiple provider
Audax Private Equity (Audax), has completed the sale of Astrodyne TDI to Tinicum and affiliated investment partnerships managed by Tinicum Incorporated (Tinicum).
Founded in 1994, Astrodyne is a global developer and manufacturer of specialized power solutions for demanding applications focused in the advanced medical, military, aerospace, and industrial markets worldwide. The Company’s product lines include power supplies, EMI filters, and electronic control products. Astrodyne is headquartered in Nashua, NH with over 600 employees and operations in the US and China.
Geoffrey S Rehnert, Co-Chief Executive Officer, Audax Group, says “The Astrodyne team transformed the business into a global developer
Finch Capital has led the Series A investments for two companies – an investment in Ayopop, an Indonesian mobile bill payment platform, and a EUR2 million investment in Ikbenfrits, a digital mortgage broker based in the Netherlands. Finch Capital will join both companies’ boards.
From its offices in Amsterdam, London and Singapore, Finch Capital invests in innovative technology companies that are driving the transformation of the financial services industry. Its portfolio companies are solving problems associated with legacy financial services systems and innovating to increase revenue, reduce costs and improving customer interactions.
Radboud Vlaar, Partner at Finch Capital, says:
An affiliate of leveraged buy-out specialist Sun Capital Partners is to acquire ClearChoice Holdings, which serves ClearChoice Dental Implant Centers, a national network of providers delivering same-day dental implant services in the US.
Terms of the private transaction have not been disclosed.
Founded in 2004, the ClearChoice network currently includes 39 dental implant centres in 22 states. The Company supports the network of professionals who provide complex, full-mouth dental implant restorations which restore the function and aesthetics of healthy, natural teeth using a multi-disciplinary approach that uniquely combines surgical, restorative, and laboratory functions in an all-in-one centre. The Company
Australian consumer lending fintech company, MoneyMe, has finalised an AUD120 million asset-backed wholesale securitisation facility led by AUD100 million from global investment manager, Fortress Investment Group, and joined with AUD20 million of bonds issued by corporate advisory, Evans & Partners.
The funding places the fintech company in an ideal position to continue capturing an even greater share of the digitally-savvy millennial consumer market over the next 3 to 5 years through an expanded product range, and additional delivery channels.
“A capital investment of this magnitude is recognition of the strength and depth of our value proposition, and an indication
General Tools & Instruments (General Tools), a portfolio company of High Road Capital Partners, has completed the acquisition of the assets of PacTool International.
Based near Seattle, Washington, PacTool International designs and manufactures siding tools and gauges, specialty hand tools, cutting tools and blades used to cut and install fiber-cement siding, wood shingles and other exterior siding and cladding materials.
PacTool’s products are used in construction, renovation and remodelling, and its products include the patented Gecko Gauge, which holds fibre-cement siding in place during installation and can reduce labor requirements by half; Snapper Shears, a collection of dust-free cutting
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
