Deals
Tri-Star Electronics International, a portfolio company of Brockway Moran & Partners, has been acquired by an affiliate of Carlisle Companies Incorporated for USD285 million. The transaction was led by Jon Nemo, Chris Rogers, Chris Smith and Mike Rohman from the firm’s Aerospace, Defense & Government Services (ADG) Group, along with Darwin Olympia from the firm’s Richmond office. Harris Williams & Co acted as the lead advisor to Tri-Star.
“Brockway Moran & Partners and Harris Williams & Co. have a long history of working together and we are excited to represent them in the sale of Tri-Star to Carlisle. Tri-Star is a
Graycliff Partners has completed its investment advisory arrangements with HSBC to form an independent private investment firm. Established by the former management team of HSBC Capital, Graycliff Partners will continue to focus on private equity, mezzanine and real estate investments in the middle market of the United States and in Latin America.
Graycliff Partners will continue to manage and invest over USD1 billion in commitments from existing funds, and the firm expects to manage new generations of funds with similar mandates.
The Graycliff Partners team will comprise 16 investment professionals, many of whom have been working together for two decades,
Energy industry and infrastructure private equity investor First Reserve Corporation and renewables company Renovalia Energy have established a joint venture, Renovalia Reserve, to own and operate wind projects in Europe and North America. First Reserve has committed USD150 million to the joint venture.
The long-term agreement supports Renovalia Energy’s growth and international expansion plans, allowing it to become one of the leading renewable energy companies in the global market, with a presence in seven countries.
First Reserve identified Renovalia Energy as its partner due to its deep experience in the wind industry and its broad renewable energy sector
UK-based alternative asset management company Duet Group has invested into Expatcare Health International Ltd, a Health Maintenance Organisation (HMO) based in Nigeria. This investment reflects the growing commitment of Duet to growth capital companies in Africa who are looking to expand their operations.
The investment will be made through a convertible instrument converting into a majority stake in the business. Health insurance in Africa is a sector with double-digit growth due to the low penetration of private health insurance and the rapidly increasing middle class. According to Nigeria’s National Insurance Commission, only an estimated 6% of approximately 150 million people
AXA Private Equity is selling its stake in the transport packaging company KTP Kunststoff Palettentechnik (KTP) to Andreas Wintrich and a new investor. AXA Private Equity acquired a majority stake in the company, which is headquartered in Bous, in 2006.
Sales have since almost doubled, despite the economic downturn. As a result of the sale, minority shareholder Andreas Wintrich will again become the majority shareholder.
KTP develops and produces reusable transport packaging, including containers, pallets and carrier systems. KTP also offers tailored packaging solutions to its customers. The products are superior to steel rack boxes in terms of their
Pitango Venture Capital and Index Ventures have completed another round of investment in Evolven Software, a provider of change and configuration management software for the modern data centre and cloud.
This round of financing will be used for further development of Evolven’s SaaS-based Change Monitoring solution, targeting delivery to both the US and European markets. Evolven is also available as an on-premise option.
"Evolven’s SaaS model has a strong first-mover advantage, and an unprecedented opportunity to redefine configuration management, by making it accessible and consumable across IT operations,” says Rona Segev-Gal (pictured), General Partner at Pitango Venture Capital, “Evolven is
Interchem SA, the leading Polish wholesaler of household products and personal care goods, controlled by Resource Partners, has finalised the acquisition of Polbita Sp. z o.o., the owner and operator of Drogerie Natura, the Polish personal care retail chain.
Interchem was acquired in January 2011 by Resource Partners, a private equity fund focusing on consumer goods companies in Central and Eastern Europe. In May 2010, Resource Partners established a strategic partnership with AXA Private Equity in Central and Eastern Europe and this collaboration has recently been strengthened which has allowed the financing of this build-up.
The combined companies will
WFEL, the Stockport-based defence engineering group which is backed by UK mid-market private equity house Dunedin, has secured a significant contract to supply GBP57 million of tactical military bridges to the Swiss armed forces.
This agreement follows a highly competitive two-year international procurement contest and as such strengthens WFEL’s position as the world leader in its market.
The deal also typifies Dunedin’s approach of investing in businesses with international growth opportunities.
Dunedin director, Dougal Bennett (pictured), who sits on WFEL’s board, says: “Dunedin was attracted to WFEL on account of its strong position in a highly specialised market and its
Cheshire mobile application software developer Kirona Group has secured a significant investment from mid-market private equity firm LDC.
The business, which is based in Alderley Edge, was established in 2003 by former Oracle executives David Murray and Neil Harvey, and develops FFA solutions for a wide range of industries across the public and private sectors. It employs 33 people, including 20 software developers.
The firm’s software solutions maximise productivity and improve service levels by connecting clients, the office and field in near real time. Easily integrated with all back-office systems and compatible with all mobile operating systems, including
Specialist finance and advisory firm Trafalgar Capital Advisors (TCA) has closed a USD5m equity line to US-listed Omni Ventures Inc, a manufacturer of high-end fashion products.
The loan facility has been provided through the TCA Global Credit Master Fund LP, TCA’s master feeder fund that seeks to finance small, growing, private and listed companies. This loan will spur the company in its growth, as well as allow them to take advantage of additional opportunities in their sector.
Omni Ventures, Inc. manufactures and sells its products directly to specialty stores and local chain stores primarily in the United States. It
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
