Deals
BaltCap has reached the first close on its latest fund, BaltCap Private Equity Fund II (BPEF II), at EUR50.6m and has subscribed commitments of EUR63m from investors already.
BPEF II, which has a target of EUR100m, has achieved support from limited partners including the European Investment Fund (EIF) investing through Baltic Innovation Fund (a fund-of-fund initiative between EIF and the governments of Estonia, Latvia and Lithuania), the European Bank for Reconstruction & Development (EBRD) and Baltic pension funds managed by Swedbank Investment Funds, LHV Asset Management and Danske Capital.
BPEF II will continue the strategy employed by BaltCap Private
Aurora Resurgence, an affiliate of private equity firm Aurora Capital Group, has completed the acquisition of Paris-based Arc International Cookware from the Arc International Group.
The deal includes Arc International Cookware’s subsidiaries Arc International Cookware Spain & Portugal, Arc International Cookware Srl and Arc International Cookware Ltd.
The company will be re-named International Cookware as part of the corporate carve-out, effective immediately. Financial terms of the transaction have not been disclosed.
International Cookware, which operates as an autonomous subsidiary, specialises in the design, manufacture and distribution of multi-material cookware products. It holds the exclusive license for the distribution of
A fund managed by Ashmore Colombia has acquired an 85 per cent interest in Compañía de Desarollo Aeropuerto Eldorado (Codad), the concessionaire of the two runways at El Dorado Airport in Bogotá.
The runways have been acquired from Abertis Infraestructuras for a total consideration of COP132bn (approximately USD66m).
Codad was incorporated in 1995 to execute the concession contract for the construction of the second runway at El Dorado Airport and to perform maintenance on both of El Dorado’s runways. El Dorado is Colombia’s largest airport carrying the third highest number of passengers in Latin America, with 22.5 million passengers
Elysian Capital I has acquired, in conjunction with the company’s management, Wellbeing Software Group, an IT group focused on the provision of software solutions and services to hospitals throughout the UK.
The group is formed of three distinct business units, HSS, EuroKing and Apollo, of which HSS is the largest.
HSS, based in Mansfield, supplies radiology software (RIS) into secondary care (hospital trusts). The software is at the core of the radiology department, holding patient information; appointment scheduling; radiology history (e.g. MRI, X Ray or Ultra Sound); as well as providing the functionality and history for the diagnosis, consultants
Verint Systems has completed its acquisition of KANA Software, a portfolio company of Accel-KKR, for USD514.2m in cash.
"Accel-KKR was an extraordinary partner to the KANA management team following the acquisition that brought the company private in December 2009," says Mark Duffell, KANA's CEO. "Accel-KKR did what they said they were going to do including supporting our efforts through investments to grow the company both organically and through targeted strategic acquisitions. Through our partnership, we were able to create a market leader in the growing customer service software market."
"We are very pleased with the results of our investment in KANA,
Private equity house Key Capital Partners (KCP) has sold food manufacturer TSC Foods to Edward Billington and Son Limited.
Scunthorpe-based TSC Foods, which was founded in 1991, produces and supplies chilled and frozen sauces, soups, entrees and dressings to the retail and food service markets.
The business developed the Glorious! soup range, which is sold in Morrisons, Asda and Sainsbury’s supermarkets, as well as the Co-op and Ocado.
The Billington Group is headquartered in Liverpool and is one of the UK’s largest family owned businesses. The group has over 150 years’ of trading experience with operations across the
Website building platform BaseKit has secured a further GBP4.5m funding from the Angel CoFund backed by the British Business Bank, alongside existing investment from Eden Ventures, NESTA and Nauta Capital.
The additional funding follows a previous investment of GBP10m.
George Whitehead, chairman of the Angel CoFund, says: “We are very impressed with what BaseKit has achieved and also its potential for the future. Our goal is to provide cash for high-growth UK businesses – and BaseKit’s company vision, ability to execute and current momentum classify it is as exactly the kind of business we like to invest in.”
OMERS Private Equity (OPE) has completed the sale of Maxxam Analytics International Corporation to Bureau Veritas for CAD650m.
Founded over 40 years ago, Canada-based Maxxam provides analytical services and solutions to the energy, environmental, food and DNA industries.
Maxxam processes approximately 2.5 million samples and generates in excess of 41 million results annually through the only national network of laboratories.
Since OPE acquired Maxxam in September 2008, its revenue has grown by 80 per cent and the company has continued to strengthen its market position both organically and through strategic acquisitions.
"We are very proud to have
Actis has made a 36 per cent equity investment in the AutoXpress group, an East African tyre wholesaler and retailer.
Operating through 20 company-owned stores in Kenya and Rwanda, AutoXpress is the key distributor and retailer of leading tyre, battery and suspension brands, including Pirelli, Dunlop, Marshal, BKT, KYB and Energizer.
Servicing both corporate customers and the fast growing Kenyan retail market, AutoXpress is a third generation family business.
Peter Schmid, head of private equity at Actis, says: “AutoXpress is a compelling entrepreneurial business that meets a core consumer need: access to quality tyres, automotive parts and services
Private equity firm HIG Capital has completed the sale of its portfolio company SeaStar Solutions to American Securities.
Based in Litchfield, Illinois, SeaStar Solutions (formerly Teleflex Marine) is a manufacturer of precision-engineered vessel control systems and other specialised applications in marine and industrial end markets.
The company has approximately 750 employees and operates through four manufacturing facilities in North America, while maintaining an international sales presence in Europe, Asia and Australia.
In 2011, HIG partnered with management to acquire SeaStar from Teleflex and undertook multiple initiatives to grow the company and improve its profitability. These efforts include the
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
