Deals
One Equity Partners’ portfolio company Lutech, a Italian IT system integration and solutions provider, has completed its acquisition of Milan-based system integration and IT infrastructure provider Sinergy.
Headquartered in Segrate, Milan, Sinergy focuses on data centres and providing complete solutions for the design, development and management of business-critical ICT infrastructure. Founded in 1994, the company has more than 20 years of experience and is among the leading system integration players in the Italian market. With its unique positioning concentrated entirely around data cetres, Sinergy offers vast expertise to help its customers prepare for the challenges facing modern IT systems.
United PF Partners (United PF), the largest Planet Fitness (NYSE: PLNT) franchisee, has completed two add-on acquisitions of Planet Fitness franchisees in the Phoenix and New Orleans markets, increasing its operating club count by 11 clubs to 78 across 10 states.
In November 2016, JLM Financial Partners (JLM) and Eagle Merchant Partners (Eagle) created United PF with 59 operating clubs.
Founded in 1992 in Dover, NH, Planet Fitness, home of the Judgement Free Zone, is one of the largest and fastest growing franchisors and operators of fitness clubs with more than 1,400 clubs and over 10 million members. Planet
Keensight Capital is to reinvest in Menix, a French leader in hip prosthesis and a major player in dental implants solutions; alongside the Company’s management team, led by Patrick Rondot, Jean-Luc Aurelle and Christophe Marrone, Five Arrows Principal Investments and Turenne Capital.
Based in Lyon, Menix is a specialist in dual mobility hip prosthesis, in France and internationally. The concept of dual mobility cup, which was invented and developed by the company, reduces significantly the dislocation risk linked to hip replacement surgery. Menix has also developed a reputation as a leader in dental implants and Cranio-Maxillo-Facial surgery in France.
Global Infrastructure Partners’ (GIP) Global Infrastructure Partners III fund – in conjunction with the Public Sector Pension Investment Board (PSP Investments) and a group of its other Limited Partner Co-Investors – is to acquire 100 per cent of the equity interests in the wind and solar renewable energy portfolio of Equis Funds Group (Equis Energy) for USD3.7 billion.
Equis Energy is one of the largest renewable energy independent power producers in the Asia-Pacific region (APAC). The company is headquartered in Singapore and operates in several of the largest and fastest-growing renewable markets in APAC, including Japan, Australia, Indonesia, the Philippines,
Skybox Security, a specialist in cybersecurity management, has secured a USD150 million growth equity investment led by CVC Capital Partners’ Growth Fund (CVC Growth) (USD100 million), with participation from Pantheon (USD50 million).
Based in Silicon Valley, Skybox has a compound annual growth rate (CAGR) of 46 per cent and positive cash flow (2014 – 2016). This round of funding will enable an accelerated investment in sales and marketing, customer care and R&D. It will also be used for potential M&A activity, to capitalise on the approximately USD10 billion market opportunity in cybersecurity management.
Skybox builds best–in–class cybersecurity management software
Homelyfe, a new type of insurance company using technology to make buying and managing insurance easier for consumers, has raised GBP2.4 million in a super seed round led by Talis Capital and Peterson Ventures.
The investment follows Homelyfe’s launch earlier in October, offering the first policy – Home Buyer’s Insurance, in response to the fact that one-in-10 people looking to buy a home in the next two years will get gazumped.
Homelyfe will add multiple general insurance lines over the coming year, starting with Home Insurance in early 2018, and will ultimately allow consumers to manage all of their insurance requirements within
Middle market private equity firm Stellex Capital Management has partnered with Bruce Swift, a senior executive in the automotive industry, to create a niche manufacturing platform.
With over 30 years of senior management experience within the automotive industry, Swift was most recently Chief Executive Officer of Diversified Machine, Inc., a leading vertically-integrated supplier of fully engineered chassis and powertrain components and modules for the automotive OEMs and Tier 1 suppliers. During his tenure at Diversified Machine, the company realised six-fold growth, enabling a local Detroit company to become a global player within their industry, through organic growth and strategic global
GCA Altium has acted as exclusive financial adviser to TeamSport, the UK’s largest indoor go-karting operator, on its sale to Duke Street Capital.
Founded in 1992, TeamSport has grown into the UK’s largest operator of go-kart tracks and the second largest globally. In 2013, the company completed a GBP10 million management buyout led by Dominic Gaynor and backed by Connection Capital. Since the buyout, TeamSport has achieved impressive growth through a combination of like-for-like sales improvement, new site openings and enhanced performance from acquired tracks.
The company now operates 23 tracks across the UK, including five in London, and
Innova Capital, a Central European private equity fund, is to acquire a 75 per cent stake in Inelo and OCRK, a specialist in drivers’ work time management systems for the transportation industry.
As a result of this transaction, the fund will also gain exposure to the attractive telematics space.
On 20 October 2017, funds managed by Innova Capital signed an agreement to purchase 75 per cent of shares in Inelo and OCRK. The founders of Inelo and OCRK, Jakub Gieruszczak and Mirosław Stocerz respectively, will partially roll-over their holdings into minority shareholders. This has been the eleventh “Founder Succession”
Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of TRP Construction Group (TRP) by private equity sponsor MSouth Equity Partners.
Based in Ft Worth, Texas, TRP is a leading provider of thermoplastic striping, painting and markers, rumble strips and traffic control services, including: delineation devices, warning signs and maintenance and consulting services. The majority of the company’s revenue is derived directly or indirectly from the Texas Department of Transportation and local municipalities.
TRP serves its customer base via two strategically located facilities in Ft.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
