Deals
Private equity placement agent BerchWood Partners has formed a joint venture with JTP Capital, an investment advisory firm which provides capital advisory solutions for a small number of well selected real estate investment platforms.
Mitchell B. Sikora, JTP Capital’s founding member, and Henry J Delicata, a senior advisor, will be working with the BerchWood team on placement activities.
Sikora has more than 20 years of experience in the investment banking, investment and real estate professions and has been involved in raising private equity specifically for real estate funds since 1999. Just prior to founding JTP Capital in 2012, Sikora
Spire Capital Partners has held the final closing of Spire Capital Partners III, a private equity fund with approximately USD333 million in capital commitments.
Spire III's committed capital surpasses its previous fund, Spire Capital Partners II, which was a USD319 million 2007 vintage fund.
Spire III's limited partners consist of existing Spire II investors as well as new investors representing leading pension funds, endowments, fund of funds, family offices, insurance companies, financial institutions and executives from the areas of Spire's investment focus. Spire III's investment focus targets lead and control investments in the business services, information services, media, education/education technology
Nabriva Therapeutics has completed a USD120 million Series B financing led by new US based investors Vivo Capital and OrbiMed, and including participation from EcoR1 Capital, Boxer Capital of Tavistock Life Sciences and new investment from existing investor HBM.
Existing investors Phase4 Partners, Wellcome Trust, GLSV and Novartis Venture Fund also participated in the round. Representatives of Vivo Capital and OrbiMed will be joining the Nabriva Supervisory Board.
The initial tranche of USD50 million will enable Nabriva to progress its lead product, lefamulin, into clinical phase three studies in community-acquired bacterial pneumonia (CABP) and to continue the development of
Edmond de Rothschild Investment Partners has teamed up with ACE Group the third-largest mortgage broker in France. The Small Caps fund managed by Edmond de Rothschild Investment Partners is investing in ACE alongside the founder/CEO and his senior executives.
Founded in 1995 by Joel Boumendil in Levallois-Perret, ACE is a major player in the mortgage brokerage arena in France. ACE finds and negotiates the most suitable mortgage terms for property buyers: interest rates, insurance, warranties, terms for early repayment and more. With nearly 10,000 loans brokered annually, ACE represents more than 5% of the French mortgage market, with a volume
Private equity investor Actis, has partially exited from its investment in Edita Food Industries (Edita), an independent snack food business in North Africa.
Subject to final completion, Actis has sold a 15 per cent stake as part of a heavily oversubscribed offer through the Egyptian (EGX) and London stock (LSE) exchanges, representing half of its total stake.
The institutional offering was 13.4x oversubscribed and the retail offering was 4.4x oversubscribed. Investors included a wide range of blue-chip institutional investors. The IPO price of EGP 18.5/share reflects a market capitalisation of EGP 6.7 billion (circa USD890 million) for the Company,
Victory Park Capital (VPC) has secured a USD51 million credit facility from GE Capital, Franchise Finance and Citizen’s Bank to refinance existing VPC debt and fund long-term growth initiatives of Giordano’s pizza restaurant chain based in Chicago.
The credit facility will contribute to corporate and franchise expansion in key markets outside of Chicago and help fund the development of business enhancements impacting Giordano’s growth strategy.
“We were impressed with GE Capital’s proven reputation as one of the largest lenders in the restaurant finance sector and are confident they will offer strategic value to the overall growth strategy for Giordano’s,”
Private equity firm NorthEdge Capital has backed the management buyout of Total Fitness, a Wilmslow-based health and fitness business.
NorthEdge has backed the management team, led by Chief Executive Richard Millman together with Warwick Ley and Brian Davidson of RooGreen Ventures, who alongside a partial realisation of their equity have reinvested in the business as part of the buyout. The transaction will see the existing management team receive significant new investment to support their next stage growth plans, which begin with the re-opening of the Total Fitness club in Wrexham in early April after a GBP1m+ refurbishment.
The transaction
Black Mountain Systems, a developer of data and process management solutions for asset managers and financial institutions, has completed a majority recapitalisation, led by existing management and funds managed by Stone Point Capital.
By combining Black Mountain's highly customisable Everest platform with Stone Point's relationships and expertise in financial services, Black Mountain is well positioned to advance its mission of bringing growth and innovation to investment professionals. Additionally, this transaction will enable Black Mountain to hasten its pace of expansion and allow its management team to deploy additional resources for a broader roll-out of its product- and service-based solution offerings.
Kinetics Energy Services has closed a private equity financing with Natural Gas Partners, through its affiliate, NGP Natural Resources XI (NGP).
Kinetics is focused on acquiring, integrating and growing North American energy services & equipment companies providing well completions and production enhancement.
Chaden Lassoued, Chief Executive Officer of Kinetics, previously spent two decades in key leadership roles with Schlumberger Limited, undertaking assignments in the Middle East, North America, Latin America, Europe, Africa and Asia. Most recently, Lassoued served as President of Well Intervention where he led more than 9,000 employees and had responsibility for approximately USD3 billion in global revenue.
Private equity firm Permira has selected iLEVEL to manage its portfolio data.
Established in 1985, the Permira funds have made over 200 private equity investments internationally, with total committed capital of approx. EUR25 billion. The Permira funds invest primarily in consumer, financial services, healthcare, industrials, and technology sectors.
“Given the complex nature of our funds’ investments, we needed a system that was both flexible and easy to manage,” says Jörg Rockenhäuser, Partner at Permira. “iLEVEL will enable us to centralize data across a diverse portfolio and maintain high levels of confidence in the numbers we use internally to drive decision making
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
