Deals
Prudential Capital Group, a source of private capital for public and private companies, has provided more than USD7.1 billion to companies and projects worldwide in the first two quarters of 2017.
This milestone represents an increase of USD1.8 billion compared to the first half of 2016, and an almost doubling in investments outside of North America. Prudential Capital Group is the private placement arm of PGIM, the USD1.1 trillion global investment management business of Prudential Financial, Inc.
“This has clearly been a very busy six-month period for Prudential Capital Group,” says Allen Weaver, senior managing director and head of Prudential
TPG Capital, the global private equity platform of alternative asset firm TPG, is to acquire Transplace, a provider of transportation management and other third-party logistics services.
TPG is partnering with company management to purchase Transplace from Greenbriar Equity Group (Greenbriar). The transaction is expected to close in September and is subject to customary closing conditions, including regulatory approvals. Additional terms of the transaction were not disclosed.
Founded in 2000, Transplace is North America’s premier provider of managed transportation, supply chain consulting and transportation management systems (TMS) technology solutions, as well as other intermodal, truck brokerage, and cross-border trade services.
Southwest Foodservice Excellence (SFE), a provider of outsourced foodservices to K-12 public schools, has secured an investment led by Harkness Capital, a private equity firm focused on investments in leading service-oriented companies.
SFE was founded in 2005 by two industry veterans, Don Gala and Luis Benavides. The Company is a leading player in the rapidly growing K-12 outsourced foodservice sector. SFE serves 80+ million meals annually across 100+ school districts in 11 states. The Company focuses on delivering more nutritious and higher quality food, providing exceptional service, and more menu choices to meet specific needs of K-12 public school districts.
Noerr has advised the US-based AVX Corporation on the takeover of a business division from the UK electronics manufacturer TT Electronics. AVX is acquiring the firm’s automotive segment, the Transportation Sensing and Control (TS&C) division, for around USD155 million.
The strategic takeover will strengthen the manufacturer of electronics components listed on the New York Stock Exchange by adding the skills of a leading developer and producer of sensors and performance electronics for the car industry. The TS&C division is located in a total of nine countries, including Germany, Austria, the UK and the US, and generated sales revenue of approximately
Law firm Ropes & Gray has advised Pulsant on its acquisition of LayerV, a specialist public cloud solution integration company, with a strong focus on compliance, security and cloud automation.
The acquisition gives Pulsant, a UK provider of hybrid cloud solutions, exclusive intellectual property around regulatory and cloud insight, strengthening its multi-cloud capabilities, particularly around continuous compliance and security, as well as its AWS offering. The new compliance solutions will be most beneficial to customers in the public sector, retail, legal and financial services where statutory compliance and data governance are critical, and where regulations such as PCI, ISO, GDPR and
MPOWER Financing, a fintech company and provider of educational loans to high-potential, international students, has launched a USD100 million debt financing round to meet its growing pipeline of loan applications.
According to Manu Smadja, MPOWER Financing CEO and co-founder: “We are seeing tremendous demand for our unique lending product which removes financial barriers to higher education for top international students. The company’s loan book has been growing at a rate of more than 30 perc ent on a month-over-month basis.”
MPOWER Financing also announced that Mike Davis, the company’s co-founder, has assumed the position of chief investment officer, replacing
O’Melveny has advised Access Technology Ventures as lead investor in the USD300 million funding of smartphone maker Essential Products Inc.
The funding brings Essential’s total capital raised to USD330 million. Other investors in the round included Redpoint Ventures, Tencent Holdings Ltd., Altimeter Capital, Vy Capital, and Amazon Inc.’s Alexa Fund.
The O’Melveny team was led by partners Warren Lazarow, David Makarechian, and Heather Meeker, and associates Chris Dombkowski and Snehal Desai.
Funds managed by EMK Capital are to acquire a majority shareholding in Luminati, the enterprise proxy network division of Hola Networks, for an enterprise value of USD200 million.
The founders of Hola Networks will retain a significant stake in the company and Ofer Vilenski, Co-Founder, will continue as CEO of Luminati. EMK and the Luminati team will work together to grow Luminati and will continue to invest heavily in enhancing the customer experience and developing additional technologies and services.
Luminati is tan enterprise IP proxy network, and helps make the Web more transparent by allowing businesses to see the
Global investment firm KKR has opened a new office in Shanghai, the firm’s third office in Greater China following Beijing and Hong Kong, and its eighth in Asia Pacific.
KKR has built its investment platform in Asia Pacific with a focus on developing strong country, industry and sector expertise, supported by a global network of investment professionals, operational experts and advisers. Today KKR manages the largest private equity fund dedicated to investing in the region, having most recently closed its USD9.3 billion Asian Fund III in May 2017. China is a core focus within KKR’s Asia Pacific strategy, and the
Arma Partners has acted as the exclusive financial advisor to Bregal Unternehmerkapital on the majority recapitalisation of its portfolio company proALPHA Business Solutions by Intermediate Capital Group (ICG).
Bregal will remain involved in the further development of proALPHA through a continuing interest alongside ICG, strengthening proALPHA’s shareholder structure with long-term capital resources for growth investments.
Founded in 1992, proALPHA is one of the largest providers of Enterprise Resource Planning (ERP) solutions for medium-sized manufacturing and trading companies in the DACH region. With more than 900 employees worldwide, the company serves approximately 1,800 small and mid-sized customers (SMEs) driving digital
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
