Deals
An affiliate of private equity firm Gemspring Capital has acquired the assets of Therma Corporation, a full-service design-build specialty mechanical contractor that focuses on complex HVAC, high purity process piping and process controls for cleanrooms, laboratories and high-tech manufacturing facilities.
Therma was founded in 1967 by Joe Parisi, the CEO, and Nicki Parisi, the CFO, and has grown to become one of the largest mechanical contractors in the United States and a leader in the Silicon Valley market. Within the approximately USD300 billion market for mechanical, electrical and plumbing services, Therma focuses on engineering, building information modelling, energy modelling, design-build,
Funds managed by Inflexion Private Equity have completed an investment in ProLabs, an independent supplier of compatible optical transceivers which are used by home broadband service providers through to hyper scale data centres.
Principally serving blue-chip telecoms and financial services businesses in the US, Europe and Asia, Prolabs has grown profits at over 25 per cent annually. The global transceiver market is expanding rapidly as accelerating demand for voice and data services drives the roll-out of faster and higher capacity networks. Supported by significant infrastructure investment, the market for these devices was estimated to be worth over USD6 billion
LeapFrog Investments has acquired a stake in Cignifi, a platform creating financial profiles through mobile phone data.
LeapFrog is partnering with Omidyar Network, the philanthropic investment firm created by eBay Founder Pierre Omidyar, a long time investor in Cignifi.
Cignifi is aiming to help meet the needs of more than two billion emerging consumers worldwide who have mobile phones but limited access to financial services. The company has developed the first big data platform to deliver credit and marketing scores that currently reach more than 100 million consumers in 13 emerging markets, using mobile phone behaviour.
With over
Trinitas Capital Management, a Dallas-based collateralised loan obligation (CLO) manager, today announced that Pine Brook has closed its previously announced USD250 million line of equity commitment in Dallas-based collateralised loan obligation (CLO) manager, Trinitas Capital Management.
“We’re very pleased to partner with Pine Brook and look forward to continue building the platform into a world-class CLO issuer,” says Gibran Mahmud, chief executive officer at Trinitas Capital Management. “We believe that Pine Brook’s track record and experience with financial institutions will be a great asset for Trinitas Capital Management, and that access to their global investor base will continue to strengthen
Standard Lithium has completed the private placement of 9,894,785 common shares at a price of USD0.75 per share for gross proceeds of USD7,421,089.
Interest in the placement far exceeded the expectations of the Company, and the additional amount raised provides the Company with the capital needed to advance its current projects and pursue strategic acquisitions in the lithium sector.
“We are extremely pleased with the interest received in this placement, and completion represents a significant milestone for the Company,” commented Anthony Alvaro, a director of the Company. “The strong demand speaks to the growing confidence in our team, projects and
Western NIS Enterprise Fund (WNISEF) has committed USD30 million to Emerging Europe Growth Fund III (EEGF III), a fund with a target size of USD150 million, managed by leading regional private equity firm, Horizon Capital.
“We are delighted to invest through EEGF III in fast-growing, export-oriented companies with roots in Ukraine and Moldova, while generating revenues globally,” says Jaroslawa Z Johnson, WNISEF President and Chief Executive Officer. “Ukraine is in the midst of an economic revival led by the efforts of innovative young men and women, who are competing internationally, entering new markets, championing best business practices and inspiring others
Leaking information on mergers and acquisitions (M&A) deals before any public announcement of the transaction added an extra USD21 million to the average value of the leaked in 2016, according to new research from Intralinks.
In addition to evidence of higher valuations for M&A deals that leak, the 2017 Intralinks Annual M&A Leaks Report, found that 8.6 per cent of worldwide M&A deals were leaked in 2016. This figure is unchanged from the previous year (2015) and above a six-year low of 6 per cent in 2014. In 2014, worldwide deal leaks had been on a declining trend for the
MidOcean Partners, a middle market private equity firm focused on consumer and business services, has acquired a significant controlling interest in Affinity Dental Management Holdings in partnership with Affinity’s management and certain founders of affiliated practices.
Financial terms of the transaction have not been disclosed.
Affinity is a dental services organisation that provides comprehensive management and administrative support services for dental practices across Western Massachusetts, Connecticut and Vermont. Dr Craig Saltzman opened his first office in 1999 and through affiliations and new practice openings, built a network of practices offering general and specialty dental services that are well-known for
Stirling Square Capital Partners (“Stirling Square”), a leading Pan-European mid-market private equity firm Stirling Square Captal Partners has sold 3SI Security Systems, a specialist in asset protection systems and an innovator of GPS tracking technologies, to LLR Partners, a Philadelphia-headquartered lower middle market private equity firm.
3SI is a global leader in asset protection systems with more than 40 years of experience serving the financial and retail markets. 3SI’s solutions include currency degradation and GPS tracking solutions to protect cash and high-value assets for banks, retailers, and law enforcement agencies.
Over the course of its investment, Stirling Square transformed
IW Capital has successfully facilitated a GBP626,000 loan to Discovery Yachts to support the company’s acquisition of Southerly Yachts – a manufacturer of cruising yachts based in the UK.
Discovery Yachts was founded in 1998 in a bid to create a superior cruising yacht that boast luxurious high-end furnishings. Nearly 20 years later, Discovery Yachts is a thriving business that has sustained an impressive rate of annual growth – the company currently has over 70 employees ranging from designers to expert craftsmen.
The acquisition of Southerly Yachts is an important milestone for the company, cementing its position as one
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
