Deals
TagMan, a tag management system, marketing data and marketing attribution provider, has received USD5m in new funding.
Existing investors Greycroft Partners and iNovia Capital led the financing, and Silicon Valley Bank also injected capital.
TagMan plans to use the awarded funds to ramp up growth of its 300-strong global partnership programme STREAM, which was launched in October 2012 and to support the growth of the company’s customer base globally. STREAM offers its certified partners streamlined tag implementations, reliable real-time, tag enabled data collection and clean, cross-channel marketing data from an independent source. The programme is open to best-in-class application
MicuRx Pharmaceuticals, a privately-held biopharmaceutical company developing next-generation antibiotics, has raised USD25m in series B financing.
Led by BVCF, a private equity and growth fund specialising in the life sciences industry, the round also includes existing investors Morningside Group and Devon Park Bioventures.
Proceeds from the series B financing will be used to fund the US development of MRX-I, a novel oral oxazolidinone antibiotic targeting infections due to multi-drug resistant Gram-positive bacteria, including methicillin-resistant Staphylococcus aureus (MRSA) and vancomycin-resistant enterococci (VRE). Weixin Xu and Davis Yang of BVCF will join the MicuRx board of directors.
"We invest in
EQT Infrastructure II has completed the refinancing of Synagro Technologies under a comprehensive plan of reorganisation approved by the court with the full support of the company’s creditors via the Chapter 11 process.
Synagro is an organic residuals management provider in the US.
Through working constructively with its creditors and backed by EQT Infrastructure II, Synagro’s balance sheet has been completely restructured, including an approximate USD200m reduction in outstanding debt. The new capital structure leaves Synagro with ample operational flexibility to execute on attractive growth opportunities.
"The new balance sheet and support from EQT’s Industrial Network will enable
Private equity firm Levine Leichtman Capital Partners has partnered with management to complete a growth capital investment in Edison, New Jersey-based SFERRA Fine Linens.
SFERRA, founded in 1891, designs and produces branded, Italian luxury linen products of the highest quality for luxury retailers and hundreds of specialty boutiques. The company’s product offering consists of a wide assortment of bedding products which are complemented by a variety of table linens, bath items and decorative accessories.
SFERRA is the first investment from Levine Leichtman Capital Partners V.
Lauren Leichtman, co-founder and chief executive of LLCP, says: "We are
European private equity firm Cinven has reached an agreement to acquire a majority stake in Heidelberger Leben, a provider of retirement and life insurance products in Germany.
Heidelberger Leben will become a consolidation platform for life insurance portfolios in Germany. It is being acquired from Lloyds Banking Group for a total consideration of around EUR300m.
Heidelberger Leben has a portfolio of around 600,000 policies, mainly unit-linked, and EUR5.2bn of assets as at 31 December 2012. It is headquartered in Heidelberg, Germany and employs around 300 people.
Cinven identified the German life insurance sector and Heidelberger Leben as
Funds advised or controlled by Kohlberg Kravis Roberts (KKR) are acquiring a significant minority stake in RigNet from Cubera, an investment firm specialising in the Nordic private equity market.
Upon closing of the acquisition of 4.75 million shares, which is subject to customary approvals, KKR will become RigNet’s largest shareholder, holding a 27 per cent stake in the company.
RigNet is a provider of managed remote communications solutions, systems integration and collaborative applications to the global upstream energy sector. Operating across the life of the field, RigNet serves offshore and onshore drilling rigs, production facilities and energy maritime
Nordco, a provider of rail-related products and services, has been acquired by Greenbriar Equity Group, a New York-based private equity firm focused exclusively on the global transportation industry.
Terms of the transaction have not been disclosed.
Nordco will immediately become a majority-owned Greenbriar portfolio company.
The Nordco family of companies provides an extensive selection of products and services that enable rail-related industries to build, improve, maintain and inspect their track infrastructure and reposition rolling stock. Nordco, headquartered in Oak Creek, Wisconsin, is North America’s largest supplier of new, rebuilt, and used maintenance-of-way equipment with a broad product
Funds advised by CVC Capital Partners have acquired a controlling stake in Skrill, a provider of alternative payment solutions to the online industry, from a consortium of investors led by Investcorp, who will remain as a shareholder.
Founded in 2001, Skrill is one of Europe’s largest online payment systems and among the world’s largest independent digital wallet providers with over 35 million account holders and 150,000 merchants using its payment gateway solution. The Skrill Digital Wallet enables any customer to make online payments conveniently and securely, as well as to send and receive money online cost-effective. In addition, Skrill
Adventoris, the Huddersfield-based software development company, has raised GBP600,000 that will enable the company to launch its new business software in the UK.
Founded in 2012 by its chief executive James Clarkson and chief operating officer Tim Longton, Adventoris has developed an online cloud-based enterprise software called SwiftCloud. The platform will be delivered as Software as a Service (SaaS) and will be launched in November.
Although the company will wait until launch to release full details, Adventoris has developed the SwiftCloud platform on Oracle technology. The platform will then be accessed by users on tablet and smart phone devices via
CarProof, the Canadian vehicle history report provider, has sold a minority stake in the company to Hellman & Friedman, a San Francisco-based private equity investment firm with offices in London, New York and San Francisco.
"Hellman & Friedman is thrilled to invest in and partner with CarProof," says Ed Woiteshek from Hellman & Friedman. "We recognise that the vehicle history report industry is one with very strong potential and see this partnership as an incredible opportunity for both companies. We are enthusiastic about CarProof’s strategic vision for the future and are excited to support the company in its next
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
