Deals
Harvey Performance Company (Harvey), a leading provider of specialised cutting tools for precision machining applications, has secured a majority investment from global growth equity investor Summit Partners.
CEO Pete Jenkins and the Harvey management team remain significant shareholders in the company. The funding will be used to fuel ongoing product development and drive new growth initiatives. Additional terms of the investment were not disclosed.
Founded in 1985, Harvey Performance Company is dedicated to providing world-class products, services and solutions that increase productivity for customers in the manufacturing and metalworking industries, including the aerospace and defence, medical, automotive, industrial motors
Private investment firm Littlejohn & Co is to acquire Strategic Materials, an environmental services company and the largest glass recycler in North America, from Willis Stein & Partners and Vision Capital. Financial terms of the transaction have not been disclosed.
Headquartered in Houston, TX with a heritage that dates back more than 100 years, Strategic Materials is the industry leader in recovering and processing post-consumer and post-industrial glass in North America. Strategic Materials operates a network of 47 facilities across the U.S., Canada and Mexico and serves large and stable end markets, including glass packaging, fiberglass insulation, flat glass and highway
Private equity firm SFW Capital Partners (SFW) has made a strategic investment in DZone, Inc in partnership with DZone’s co-founders, Rick Ross and Matt Schmidt, who currently serve as the CEO and President/CTO, respectively.
SFW’s principals have supported the growth and development of some of the most successful and well-regarded analytical information, data network and knowledge management companies, including the Gerson Lehrman Group (GLG), AGDATA, MD Buyline, Keypoint Intelligence, Telephia and IAG Research. With SFW’s strategic support and resources, DZone plans to make significant investments to expand its product portfolio, enhance sales and marketing capabilities, access new markets, and meaningfully
Ruby Tuesday is to be acquired by a fund managed by NRD Capital (NRD), an Atlanta-based private equity firm that specialises in franchised and multi-location business investments.
Under the terms of the agreement, NRD will acquire all of Ruby Tuesday’s common stock for USD2.40 per share in cash and will assume or retire all debt obligations for a total enterprise value of approximately USD335 million, excluding transaction expense. The purchase price represents a premium of approximately 37 per cent over Ruby Tuesday’s closing share price on 13 March, 2017, the day before the Company announced its intention to explore strategic
Private equity firm LeapFrog has sold its 20 per cent minority stake in Mahindra Insurance Brokers Ltd (MIBL), to XL Catlin, a subsidiary of XL Group.
MIBL is a subsidiary of Mahindra & Mahindra Financial Services Ltd.
Since inception in 2004, MIBL has serviced over eight million insurance cases, safeguarding the livelihoods of millions across rural India by protecting their assets and loans taken for buying tractors and vehicles.
Ramesh Iyer, Vice-Chairman & Managing Director, Mahindra Finance, President – Financial Services Sector and Member of the Group Executive Board of the Mahindra Group, says: “Mahindra Finance is one
Global investment bank GCA Altium has acted as exclusive financial adviser to Mobysoft, a provider of predictive analytics software to the UK social housing market, on its minority investment from private equity house Livingbridge.
The deal represents GCA Altium’s 36th global transaction in the technology sector within the last two years (and 15th software transaction since the start of 2017), firmly positioning the business as the world’s largest tech-focused investment bank.
Mobysoft’s core product, RentSense, is a Software as a Service (SaaS) based predictive analytics tool which helps social housing landlords manage arrears collection more efficiently. Using a range
Cathay Innovation has invested in Beijing-based autonomous driving start-up Momenta, as part of a USD57 million Series B financing. GGV Capital also participated in this round.
The financing was was led by Nio Capital with participation from Daimler AG, Shunwei Capital, Sinovation Ventures and Unity Ventures. Momenta is the first-ever investment for Mercedes-Benz parent Daimler AG in a Chinese self-driving company. Cathay Innovation’s LPs also include world renowned tier-one companies that have shown great interest in self-driving technologies.
Founded in early September of 2016, Momenta is building the “brains” for autonomous vehicles. Its deep-learning based software in perception, HD
Castanea Partners has made a minority investment in Tatcha, a luxury skincare brand with a collection of products inspired by timeless Japanese beauty rituals.
Founded by Victoria Tsai in 2009, Tatcha offers a line of serums, moisturizers, mists, exfoliants, and cleansers. The Tatcha name is derived from tachibana, the classical Japanese art of flower arranging that features a single “standing flower”, representing the beauty of simplicity. This philosophy drives the company’s approach in creating pure, naturally-powered formulas. Tatcha’s collection is distributed through the company’s website, Sephora North America, QVC, and other domestic and international wholesale and specialty retail stores.
Redpoint Capital Group (Redpoint), an alternative investment company focused on providing financing across an array of asset-based strategies, has entered into two additional Credit Agreements with two separate wholly owned subsidiaries of Elevate Credit.
Rise Credit Service of Ohio entered into a Credit Services Agreement with Redpoint Asset Funding Ohio (Redpoint Ohio) whereby Rise Credit Service acts as a credit service organisation on behalf of consumers for certain loans originated, funded and collected by Redpoint Ohio.
Furthermore, Rise Credit Services of Texas, a wholly owned subsidiary of the Company, entered into a Credit Services Agreement with Redpoint Capital Asset
Granite Shore Power, a newly-formed joint venture between Atlas Holdings and Castleton Commodities International (CCI), has submitted the winning bid of USD175 million to acquire select generating assets of Eversource Energy.
These assets total 1,130MW of capacity and include the Newington, Merrimack, Schiller, Lost Nation and White Lake power generation facilities. PSNH is a public-investor owned utility. Its portfolio of generation assets is being divested pursuant to a process governed by a 2016 Order of the New Hampshire Public Utility Commission.
Atlas owns and operates co-generation units at several of our industrial operations as well as Greenidge Generation, a
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
