Mubadala Capital, the global asset management firm and a wholly owned subsidiary of sovereign investor Mubadala Investment Company, has acquired AOG, d/b/a TruFood Manufacturing (TruFood), in partnership with management.  TruFood, a leading snack food contract manufacturer in several categories, is being acquired from funds affiliated with AUA Private Equity Partners, LLC.  Financial details of the transaction have not been disclosed. The acquisition is expected to deliver significant value to TruFood’s stakeholders, including its existing customers and employees, while bolstering the company’s competitive advantage, increasing its market reach, advancing product development, and accelerating long-term growth. Mubadala Capital manages a diverse portfolio

Global VC investment is likely to continue to fall throughout the final quarter of 2022 as Q3 sees the third consecutive drop in deals and funding value, according to the Q3 2022 edition of Venture Pulse – a quarterly report, published by KPMG Private Enterprise. The report, which analyses key VC deals and trends globally, reveals that global VC funding fell to a nine-quarter low of $87 billion in Q3 2022, with levels not seen since 2020 in the Americas, Europe, and Asia. The decline in the number of deals was even more marked during the quarter, with just 7,817

The Riverside Company has invested in Newbridge Software (Newbridge), a cloud-native electronic point of sale (ePOS) software company for bars, restaurants and the wider hospitality industry. The investment is an add-on to Riverside’s Guestline platform, a European hotel software platform. Newbridge will continue to operate as a separate division within the Guestline Group. Newbridge helps stand-alone and group operators, including hotels, manage all aspects of their bars and restaurants across the United Kingdom. Established in 2016, its stock and staff management modules deliver real-time revenue and profit reporting, which, when combined with their table ordering, loyalty and promotions functionality, enables hospitality

Cerberus Capital Management and a consortium of real estate investors are in line for a big payday if Koger’s proposed $24.6 billion acquisition of rival US grocery retailer Albertsons is cleared by regulators, according to a report by the Financial Times. Kroger has agreed to acquire Albertsons in a deal that would create one of the largest US supermarket chains but only if it passes significant antitrust hurdles. It has agreed to pay $34.10 per Albertsons share, an almost 33 per cent premium to the group’s share price as of 12 October. The price includes $4.7 billionn in debt. The

Compagnie Nationale à Portefeuille (CNP) and Sienna Private Equity (SPE) are to acquire a majority stake in ECT Group alongside the company’s existing management team, from Chequers Capital. The transaction remains subject to the information and consultation process of ECT Group’s employee representative bodies and customary regulatory approval. Financial details have not been disclosed.   Founded in 1998, ECT Group is a specialist in the upcycling of inert soils, serving both the building industry and local communities. ECT carries out non-built development projects with excavated soils from urban construction sites. These developments take the form of landscape parks, biodiversity zones,

Godspeed Capital Management (Godspeed Capital), a lower middle-market Defence & Government services, solutions, and technology focused private equity firm, has acquired E4H Environments for Health Architecture (E4H), a provider of consulting, planning, and facility design architecture services for the healthcare and health science and technology industry.  Financial terms of the transaction have not been disclosed. Following the transaction, E4H will join MOREgroup, Godspeed Capital’s newly rebranded platform of architecture, design, and engineering brands with robust sector focused industry experience. Formed through the combination of Huckabee Architects, Rachlin Partners, TSK Architects, Image Engineering Group, and E4H, the MOREgroup today comprises a

The Riverside Company, a global private investor focused on middle market business valued at up to $400 million, has invested in OutSolve, a provider of outsourced labour and employment compliance solutions. Founded in 1998, OutSolve provides compliance solutions to help clients adhere to federal contracting standards and other regulations designed to promote non-discriminatory policies in the workplace. The company services more than 2,000 customers in a variety of industries across the US. In addition to pursuing organic growth through building scale in areas such as pay equity, DE&I and ESG, Riverside plans to continue the company’s strong track record of

Cube Infrastructure Managers (Cube), an independent mid-market infrastructure investor, has agreed to acquire firstcolo datacenters (firstcolo), a Frankfurt-based data centre business and provider of colocation, dedicated servers, managed services and private cloud solutions.  The acquisition is being made by Cube Infrastructure Fund III. Cube is acquiring firstcolo from funds advised by EMERAM Capital Partners (EMERAM), an investment companies for medium-sized companies in the German-speaking region, and its portfolio company diva-e Excellence (diva-e). As a business development partner, EMERAM actively supports the growth of diva-e. The parties have agreed not to disclose any financial details on the transaction, which is subject

Shift Paradigm, a portfolio company of mid-market private equity firm Growth Catalyst Parthers, has acquired Ergo, an email marketing company based in New York City. The acquisition strengthens Shift Paradigm’s email and customer journey expertise. Shift Paradigm and Ergo’s shared cultural values and commitment to driving client outcomes played a central role in bringing the companies together.  Following the acquisition, Ergo chief executive officer John Hendricks will remain involved in the business as a member of Shift Paradigm’s board of directors.