Deals
ICG, the specialist asset manager, has supported KIRKBI Invest A/S, the Groos Family and the management team in the acquisition of Minimax Viking Group.
The investment shifts ownership of the company from IK Investment Partners to the consortium.
ICG led the arranging of the transaction.
Minimax Viking Group specialises in fire protection. ICG will support the company under its new ownership in its growth strategy and further international expansion.
Jens Tonn, head of Germany for ICG, says: "Minimax Viking Group is an excellent investment opportunity, a strongly performing market leading business with huge future potential. ICG is
Actis, a pan-emerging market private equity investor, has acquired the majority interest in three power assets in Cameroon from The AES Corporation.
Actis will pay USD202 million net of closing price adjustments for a 56 per cent stake in Cameroon’s national integrated utility, Société Nationale d’Electricité (SONEL), and in two independent power plants, Kribi and Dibamba.
SONEL provides 933MW of generation and supplies electricity to over 800,000 customer connections throughout the country, while Kribi and Dibamba contribute a combined 302 MW towards Cameroon’s generation capacity. Actis will own SONEL, and Globeleq, Actis’ wholly-owned private power company, will directly own
RLJ Equity Partners, an affiliate of The RLJ Companies, has acquired EnviroVac Holdings, a provider of industrial cleaning, environmental services, and on-site maintenance support.
EnviroVac uses state-of-the-art equipment to provide industrial vacuuming, hydroblasting, watercutting and inspection services for customers who participate in the pulp and paper, chemical, steel, oil and gas, power generation and other industrial business sectors.
"EnviroVac is a trusted brand in the industrial services industry," says Jerry L Johnson, managing director of RLJ Equity Partners. "The company has a safety-first approach in providing the most innovative environmentally safe technology and quality operations to its clients and
Kingdom Holding Company (KHC) and Caisse des Dépôts International Capital (CDCIC) have signed a memorandum of understanding to establish an investment vehicle seeking to develop Saudi projects and ventures.
The KHC-CDCIC platform will help advance bilateral economic co-operation and trade and to facilitate access to long‐term capital in both countries by companies engaged in economic cooperation between Saudi Arabia and France.
To advance this partnership, a working group was formed, co-chaired by HRH Prince Al Waleed Bin Talal Bin Abdulaziz Al Saud, chairman of KHC and Laurent Vigier, CEO of CDCIC.
The partnership will seek attractive investments across
Pamlico Capital and the management team of Clarity Telecom have entered into a definitive agreement to purchase broadband assets in Rapid City and Sioux Falls, South Dakota from WOW! Internet, Cable & Phone.
Post-close, the Clarity team will continue to provide high-speed broadband, video and voice services to more than 50,000 residential and commercial customers in South Dakota.
Pamlico initially partnered with Clarity’s management team in 2003 to build NewWave Communications, a rural broadband company that grew to serve 160,000 subscribers. After successfully exiting NewWave through transactions with Time Warner Cable (2011) and Rural Broadband Investments (2013), Pamlico partnered
Egyptian investment bank CI Capital Holding (CICH) and alternative asset manager Duet Group have launched the Duet-CIC Egypt Opportunities Fund to invest in the Egyptian economy.
The partners believe that Egypt will position itself as the region’s leading investment destination in the medium-to-long term and have agreed to launch a private equity fund with up to USD300 million of committed capital to invest in Egyptian businesses, injecting growth and buyout capital into the economy. The focus will be on consumer and consumer-related industries.
The alliance will provide an opportunity for international capital to participate alongside domestic investors and will
Funds advised by IK Investment Partners are to sell Minimax Viking to Kirkbi A/S, a Danish investment company, and Intermediate Capital Group (ICG), a specialist asset manager.
Financial details have not been disclosed.
IK acquired Minimax together with the company’s management in June 2006, at a time when the company was a regional market leader in Europe and Germany and ranked third worldwide in its market.
In the past eight years, Minimax has transformed into a global market leader with a fully integrated offering covering fire suppression products and distribution, system integration and services. It has more than
SpotHero, a mobile app helping drivers reserve parking on demand, has secured a Series A investment of USD4.5 million.
The funding round included participation from Chicago Ventures, Bullpen Capital, Battery Ventures, OCA Ventures, Pritzker Group Venture Capital, Lightbank, G2T3V, e.ventures, Draper Associates and 500 Startups.
Mike Gamson of LinkedIn will join SpotHero's board of directors, which includes Sam Yagan (CEO of Match.com) and experienced venture capitalist Sam Guren.
SpotHero's free mobile app for iPhone and Android helps drivers find parking in convenient garages and lots, compare affordable rates and reserve spots in advance. The app helps garages fill
Insurance provider Apsley Specialty has joined forces with Lloyd’s Pembroke Syndicate 4000 to provide capacity for its insurance offering to the alternative asset management sector.
Pembroke, a wholly owned subsidiary of Ironshore Inc, operates as a syndicate within the Lloyd’s of London insurance market and is a provider of specialty insurance coverages, including those pertaining to financial institutions and, in particular, asset managers.
The Alternative Investment Management Directive (AIFMD) now dictates that many hedge fund managers must, for the first time, have professional indemnity insurance coverage in place. Apsley is the first firm in Europe to have designed an
Polaris Private Equity is to sell IT security and infrastructure business AddPro to European private equity firm Perusa.
In 2005, Polaris acquired a majority shareholding in Swedish AddPro, and the company has experienced significant progress through organic growth and an acquisition of the Danish IT company SNEX in 2012.
AddPro is a specialist in the areas of IT security and efficiency in both Sweden and Denmark.
”We founded AddPro in 2000 with a geographic focus on Southern Sweden, and the company grew rapidly and successfully to Gothenburg and Stockholm. In 2012, we established the company in Denmark, and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
