Deals
An affiliate of New Water Capital has made an investment in Tier 1 OEM transportation LED lighting designer, manufacturer and supplier Myotek.
Specialising in automotive forward lighting, Myotek is a supplier of fog lamps for several OEM automakers and other vehicle manufacturers. Based in Irvine, California, the company has sales and service locations in Detroit, Michigan; Stateline, Nevada; Dallas, Texas; Houston, Texas; Lockport, Illinois; and Fishers, Indiana, and manufacturing facilities located in Taiwan, Hong Kong and Guangdong, China.
Myotek was founded in 1997 and quickly made its reputation as a creator of innovative lighting products, such as police spot lamps,
Sentinel Capital Partners, a private equity firm that invests in promising companies at the lower end of the middle market, has formed a new partnership with MB2 Dental Solutions (MB2), a dental service organisation (DSO) with a physician-centric ownership model. Terms of the deal have not been disclosed.
Headquartered in Carrollton, Texas, and serving patients in Alaska, Louisiana, New Mexico, Oklahoma, Tennessee, and Texas, MB2 is a leading DSO that employs a “joint venture” business model through which affiliated dentists enjoy the clinical benefits of a private practice and the infrastructure, compliance, marketing, and purchasing advantages of the traditional DSO
Rewards Network, a provider of marketing, loyalty services, dining rewards programs and financing to the restaurant industry, has been acquired by TowerBrook Capital Partners, a New York and London-based investment management firm, from Equity Group Investments (EGI). The transaction is complete and financial terms have not been not disclosed.
TowerBrook’s investment in Rewards Network is the result of a thesis-driven sourcing effort focused on identifying differentiated tech-enabled service providers to the rewards and loyalty sector. Merchant-funded rewards programs such as Rewards Network offer a strong value proposition for restaurants, consumers, and loyalty partners. TowerBrook will continue to explore ways to
UK insurance premium financing and software company PremFina has raised USD33 million in equity and debt. The funds will be used to help PremFina expand into new global markets and meet high demand in the UK. PremFina is fully regulated by the Financial Conduct Authority (FCA).
Talis Capital participated in the oversubscribed round, which included Japan’s Rakuten Capital and the UK’s Draper Esprit led, alongside global investors Thomvest Ventures, Emery Capital and Rubicon Venture Capital.
PremFina promotes financial inclusion within the insurance industry by eliminating the financial strain of an upfront lump-sum payment. PremFina funds the upfront payment of
Dynamo Software (Dynamo), a provider of configurable, cloud-based investment management software for the alternative asset investment industry, has secured a majority investment from Francisco Partners, a global, technology-focused private equity firm.
The investment will provide Dynamo with a capital partner to support the company’s continued growth and product innovation. Members of Dynamo management and employees will also retain significant ownership stakes in the company.
“We are extremely excited to announce this investment by Francisco Partners,” said Krassen Draganov, founder and CEO of Dynamo Software. “Thanks to their prior investments in the alternative asset management software market, they bring to
Roc Technologies has secured a GBP10 million investment from BGF to support its longer-term growth strategy and the acquisition of City Change Management (CCM).
Founded in 2013 by Chief Executive Matt Franklin and COO Steve Shirley, Roc provides business and technology transformation services to multinational companies and public sector organisations. The business, which is headquartered in Newbury, Berkshire achieved organic growth of more than 90 percent between 2016 and 2017.
Chelmsford-headquartered CCM provides project management services for complex business and IT transformation projects, with a focus on commercial, public, legal and higher education sectors. The company recently helped Gatwick
Griffon Corporation has successfully completed its acquisition of ClosetMaid, a specialist in home storage and organisation products.
ClosetMaid is now part of Griffon’s Home and Building Products segment, which also includes Clopay Building Products and The AMES Companies.
“ClosetMaid is a terrific addition to Griffon’s Home and Building Products Segment, complementing and diversifying our portfolio of leading consumer brands and products,” says Ronald J Kramer, Griffon’s Chief Executive Officer. “We are proud to add ClosetMaid to our family of iconic brands including AMES, True Temper and Clopay, and to welcome the ClosetMaid team to Griffon.”
Effective immediately, Michael
Seedrs has closed a GBP6 million crowdfunding round adding to the GBP4 million invested last month by Woodford Investment Management, and taking the total amount raised to GBP10 million.
The fundraising round values Seedrs at GBP50 million on a fully-diluted, post-money basis.
Over 2,000 existing shareholders and new customers, from 35 countries, invested over the course of the five-day campaign. The average individual investment was GBP3,200 and the largest individual investment was GBP800,000 with the highest number of investors coming from the UK, Germany, Portugal, France and Italy.
Jeff Kelisky, Chief Executive Officer of Seedrs, says: “We are
Sentinel Capital Partners, a private equity firm that invests in promising companies in the lower middle market, has sold PlayCore, a North American designer, manufacturer, and marketer of a broad range of play, park, and recreation products. Terms of the deal have not been disclosed.
“We are very pleased with the excellent results PlayCore has achieved,” said Eric Bommer, a Sentinel partner. “PlayCore has successfully executed a broad range of organic growth and add-on acquisition initiatives. PlayCore’s talented management team has incorporated new brands seamlessly and accelerated growth by cross-selling, accessing new market opportunities, and capturing cost efficiencies. During our
Beehive, a MENA peer to peer lending (P2P) platform, has secured USD5 million investment as part of a Series A round led by Riyad TAQNIA Fund and supported by the Mohammed Bin Rashid Fund (MBRF), the financial arm of Dubai SME, as well as several other regional investors.
This latest fundraise brings the total raised by Beehive to USD10.5 million since its launch.
Craig Moore, Beehive Founder and CEO, says: “We’re delighted to have the support of our strategic investors in this latest round which demonstrates the appetite for investment into fintech businesses in the region and will enable
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
