Deals
BNY Mellon Investment Management is to sell the business of real assets investment boutique CenterSquare Investment Management to its management team and the private equity firm Lovell Minnick Partners.
Founded in 1987 and headquartered near Philadelphia, CenterSquare Investment Management has approximately USD9 billion in assets under management in US and global real estate and infrastructure investments. Founded in 1999, Lovell Minnick Partners has a long and successful track record of investing across the investment management, distribution, and advisory value chain.
“CenterSquare is a highly respected real asset investment manager and teaming up with Lovell Minnick will ensure that CenterSquare
UK lower mid-market investor, Tenzing’s portfolio company, FMP Global, has acquired the international HR consultancy, MCN Associates.
FMP Global is a leading provider of international and domestic payroll management services. It manages the international payrolls of US and UK headquartered SMEs utilising an extensive network throughout 135 countries. FMP Global also provides domestic payroll management services to small and medium sized UK businesses, handling in excess of GBP1.8 billion in payments each year on behalf of its clients.
MCN Associates is a specialist provider of HR consultancy services for US businesses expanding overseas. The acquisition enables FMP Global to
Ogier has advised crowdfunding platform Dragon Victory International Limited on its initial public offering of shares listed on NASDAQ.
Ogier advised on the Cayman law aspects of the IPO alongside lead counsel Hunter Taubman Fischer & Li LLC.
Dragon Victory International Limited offers reward-based crowdfunding, business incubation services and financial services to entrepreneurs in China. Last Friday’s successful IPO raised USD8.5 million. Ogier partner Bradley Kruger, who leads the firm’s Caribbean & Asia corporate practice group, with managing associate Mark Santangeli and associate Tommy Tuohy, advised on the Cayman Islands law aspects of the transaction.
Bradley says: “We
Private equity firm MidOcean Partners’ portfolio company Affinity Dental Management has affiliated with Akram E Rafla, DMD, PC and Endodontic Associates of Marlboro, led by Marta-Orrego-Rafla. Financial terms of the transaction were not disclosed.
Located in Worcester, Massachusetts, Dr Rafla’s practice provides periodontal care to patients, with services in implants and oral medicine. Located in Marlborough, Massachusetts, Dr Orrego-Rafla’s practice provides comprehensive endodontic services to its patients. The practices will be supported by Affinity, which provides comprehensive practice management and administrative support services for practices across Massachusetts, Connecticut and Vermont.
With this strategic addition, Affinity expands its network of
Digital Shadows, a specialist in digital risk management, has raised USD26m in a Series C funding round to expand the capabilities of its market leading SearchLight digital risk management service and fuel global expansion.
Led by Octopus Ventures, with participation from World Innovation Lab, Industry Ventures and all of Digital Shadows’ existing investors, the funding will support company growth and support its continued commitment to protecting organisations with the best and most comprehensive digital risk management solution in the industry.
Luke Hakes, investor at Octopus Ventures, will be joining the board of directors.
“Digital Shadows is a world-leader
The Finance Durham fund managed by Maven Capital Partners has completed its first deal, investing GBP250,000 in the region’s largest small-batch craft distillery, Durham Gin.
Founded in 2014 by former NHS chief Jon Chadwick, Durham Gin is a small-batch craft distillery that creates spirits using a 400 litre copper pot. The company, which is now one of the region’s leading craft distillers, produces gin, vodka and gin-based liqueurs sold under the Durham Gin and Durham Vodka brands.
While the exact recipe remains a closely guarded secret, Durham Gin contains fresh water from a natural spring in County Durham and
MRI Software, a specialist in real estate software solutions, has acquired Real Asset Management (RAM), a supplier of asset management software, including asset and lease accounting, tracking, and maintenance management.
Asset intensive businesses rely on RAM’s solutions to automate traditionally manual and error-prone processes and ensure compliance with accounting, tax, and financial reporting requirements. Additionally, RAM’s mobile and desktop facilities management solutions enable organisations to streamline processes, improve productivity, and reduce property management costs.
“Real estate organisations face the same challenges as other sectors around compliance and regulations related to asset management,” says Patrick Ghilani, Chief Executive Officer of
Threat Stack, provider of an intrusion detection platform for cloud, hybrid-cloud, and on-premise environments, has raised USD45 million in a Series C funding round led by F-Prime Capital Partners, the venture capital group associated with the parent company of Fidelity Investments, and Eight Roads Ventures, with participation from existing investors Scale Venture Partners, .406 Ventures, and Accomplice.
As part of the funding, which brings the total investment in Threat Stack to more than USD70 million, Gaurav Tuli of F-Prime will join Threat Stack’s Board of Directors and Davor Hebel of Eight Roads Ventures will be an observer.
“The migration
Telcoin, a new cryptocurrency promoting financial inclusion through telecommunications industry partnerships, has secured an investment from East Ventures Managing Partner and Mixi co-founder Batara Eto.
Eto served as co-founder and CTO of Mixi from 2004 to 2007. Mixi began as Japan’s first social network, a predecessor to Facebook likened to a localised version of MySpace, before pivoting to mobile gaming. The company went public on the Tokyo Stock Exchange in 2006.
In 2009, Eto co-founded East Ventures, an early-stage venture capital firm jointly based in Singapore, Jakarta, and Tokyo. The firm has invested in more than 150 seed and
FFL, a private equity firm focused on growth investments in middle market companies, has completed an investment in Bacharach Holding Corp, a manufacturer of refrigerant gas leak detection and monitoring instruments and combustion and emissions analysers.
Terms of the private transaction have not been disclosed.
Bacharach designs and manufactures gas test and measurement (T&M) instrumentation for commercial refrigeration and HVAC equipment, and also develops performance management software for its monitoring products. Founded in 1909, the company’s T&M products are aimed at helping customers – original equipment manufacturers, supermarkets, contractors, building managers, hospitality, military operations, and industrial manufacturing businesses –
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
