Deals
The Resolute Fund, together with certain additional funds managed by The Jordan Company, has completed the sale of Haas Group to Wesco Aircraft Holdings for USD550m in cash.
Resolute made its initial investment in the growing and under-penetrated chemical supply chain management (CSCM) industry with the acquisition of ICMS Holdings (d/b/a Avchem) in 2006, and increased its investment in CSCM through the acquisition of four targeted businesses – including Haas TCM in 2007.
The combined entities, which conduct business as Haas, provide global chemical supply chain management and integrated supply solutions for the commercial aerospace, airline, military, energy, and
Bowman Power, the waste heat recovery technology business, has secured GBP3m (USD5.0m) of additional funding from existing shareholders including Octopus Investments, Fjord Capital and a number of angel investors.
The round was heavily oversubscribed.
The funding will primarily be used for the global expansion of this fast growing business. Bowman is looking to enlarge its global footprint and develop new products thanks to the capital injection. In particular, the funds will be used for additional marketing associated with an expanding worldwide distributor network for Bowman’s innovative energy recovery technologies. Bowman now has a total of six distributors globally.
Company
The Riverside Company has acquired Optima and its related companies (Mec3), a developer, manufacturer and marketer of ingredients for gelato, pastry and other foods.
Based in San Clemente, Italy, Mec3 sells internationally and enjoys a reputation for quality products, continuous innovation and reliable customer service).
With annual revenues of around EUR100 million, Mec3 has become a leader in gelato and pastry ingredients through an innovative and authentic approach to providing ice-cream makers around the world with a full range of products from its exceptional production facilities. Mec3 serves more than 60,000 customers, helping them to deliver an authentic Italian
An affiliate of private equity investment firm HIG Capital has completed the acquisition of American Pacific Corporation (AMPAC), a manufacturer of fine and specialty chemicals, in a take private transaction.
Headquartered in Las Vegas, NV, the Company operates under two primary business segments. The Fine Chemicals segment is a market leader in the manufacture of pharmaceutical ingredients, including active pharmaceutical ingredients and registered intermediates. The Specialty Chemicals segment is the sole North American producer of ammonium perchlorate, the mission-critical oxidising agent for solid propellant rockets, booster motors and missiles used in government and commercial aerospace and defence programs.
Joe Carleone,
US power and energy infrastructure manager LS Power Equity Advisors has held the final close of LS Power Equity Partners III at a hard-cap of USD2.075bn, exceeding its initial target of USD1.5bn.
Evercore Private Funds Group acted as the global placement agent for the fundraising with Magenta Capital Services supporting the effort in the Middle East and Asia. Kirkland & Ellis served as legal advisor.
Fund III launched in July 2013 and closed within just seven months, following a first close completion in December 2013 of USD1.52bn. Fund III was oversubscribed, attracting commitments from a globally diverse group of
ZEFR, a platform that builds social marketing and rights management software for online video, has raised USD30m in a new financing led by Institutional Venture Partners (IVP).
Existing investors US Venture Partners, Shasta Ventures, First Round Capital and Richmond Park Partners also participated.
In conjunction with the financing, IVP general partner Dennis Phelps has joined ZEFR’s board of directors.
The new capital will be used to drive the company’s software development and grow its sales and marketing teams.
ZEFR provides SaaS solutions for the largest brands and content owners on YouTube. ZEFR’s BrandID platform connects fans and
Venture capital fund Electranova Capital has invested in the German company Sunfire.
Total Energy Ventures, the venture capital arm of the French major oil company, is also participating in this new round.
Sunfire develops high temperature fuel cells (SOFC) which convert gas into electricity and heat for several markets (such as micro CHP, off-grid, marine and IT servers) as well as high temperature electrolysers (SOEC) which produce hydrogen from water and electricity that can be used in industrial sites, H2 mobility, “power-to-gas” and “power-to-liquids” installations.
This new round of financing will help Sunfire consolidate its position as one
Clarity Software Solutions, a provider of on-demand document management and communications delivery solutions for the health insurance industry, has secured growth investment from venture capital firm North Bridge.
The investment will be used to accelerate the company’s growth trajectory by adding executive talent, investing in strategic sales and marketing initiatives, and further expanding its suite of products.
As the healthcare industry continues to evolve, Clarity’s solutions enable health plans to manage delivery of critical communications while allowing them to comply with regulations and adapt to changing business needs and customer preferences. Clarity’s technology platform addresses the increasing complexity of
Energy-focused private equity firm Intervale Capital has closed the Intervale Capital Fund III with capital commitments of USD495m raised in less than five months, surpassing its target of USD400m.
Fund III brings the cumulative funds raised by Intervale to USD1.2bn, including USD281m for its first fund in 2008 and USD376m for its second fund in 2012.
Fund III will employ the approach developed in Intervale's first two funds of executing privately negotiated, control investments in lower middle-market companies in the oilfield services (OFS) industry, located predominantly in North America and Europe. In addition to investing in existing operating companies,
Private equity firm Tower Three Partners has made an investment in The Paslin Company, a privately held automotive business headquartered in Warren, Michigan.
The Paslin Company, founded by the Pasque family in 1936, designs, assembles and integrates robotic assembly lines for Tier One and OEM, or original equipment manufacturer, automotive companies.
Chuck Pasque, CEO of Paslin, says: "We are excited to have Tower Three Partners join us as our financial and operating partner. We look forward to working with the Tower Three team, whose investing experience, strategic operating expertise and resources will help us achieve our long-term potential as
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
