Global alternative investment manager Wafra has acquired a strategic minority interest in mid-market private equity buyout firm Oak Hill Partners from an affiliate of Jefferies Financial Group Inc. Wafra said the partnership with OHCP is a continuation of Wafra’s strategy of acquiring minority interests in established alternative asset management firms by utilizing a unique partnership-based approach. Oak Hill is led by Managing Partners Tyler Wolfram, Brian Cherry and Steve Puccinelli. The firm utilizes a theme-based investing strategy, focused on services, industrials, consumer and media & communications sectors. It had raised approximately $20 billion of initial capital commitments and co-investments. Gustavo

Stanley Capital Partners has invested in a majority stake in French pharmaceutical group Laboratoire XO. Founded in 2015, Lab XO specialises in mature market authorisations to sell and market drugs across various therapeutic areas such as pain, central nervous system, cardiology, oral care, and women’s health.  The company attained a turnover of €60m, owns 26 brands and a distribution network of more than 45 countries. SCP said it will be actively working with Lab XO’s management team to strengthen and develop the company through its next phase of growth, and looking to use it as a platform investment with further add-on

Tech-enabled supply chain manager Ligentia Group has completed its acquisition of VGL Solid to create a global supply chain management business with revenues of over £1 billion. The company said the combination strengthens Ligentia’s presence on the Asia-Europe and  and Transpacific trade lanes, at a time when customers are facing increasing complexity in managing their international supply chains. Its technology platform will provide its customers’ planners and logistics teams a platform that connects s factories, carriers, customs, warehouses and delivery to the end customer. Equistone bought into Ligentia in 2021. Summary   Sale price (USDm): n/a Lead buyer(s): Equistone -backed

Software-focused buyout house Thoma Bravo has agreed to make a significant growth investment in financial services automation solutions provider SMA Technologies. SMA Technologies’ current majority investor, ParkerGale Capital, will retain a minority position in the business. The firm said the investment will enable SMA to significantly expand its offering of automation solutions for its clients while accelerating growth geographically and into tangential industries over time. Founded by automation experts at NASA in 1980, SMA helps eliminate manual tasks, reduce human error and free up resources through its workload automation platform. Todd Dauchy, CEO of SMA Technologies, said: “SMA has been

HIG Capital’s portfolio company Aspire Pharma has acquired UK generic and branded specialty pharmaceuticals Morningside Healthcare and Morningside Pharmaceuticals. Established in 1991, Morningside focuses on developing and licensing niche generic pharmaceutical products. It has over 160 SKUs across more than 80 product families including g Endocrine, Psychiatry, CNS, Infectious and Gastro. HIG will combine Morningside with Aspire to build on their combined track record of organic growth, product development, and support new initiatives. Rohin Jain, managing director of HIG European middle market and head of healthcare in Europe, added: “A combined Aspire and Morningside bring greater scale, breadth and diversity

Clearwater Analytics Holdings, a provider of SaaS-based investment accounting, reporting, and analytics solutions, is to acquires Paris, France-based JUMP Technology, vastly expanding its capabilities in investment management and operations with a complete front-to-back solution.  Clearwater expects the acquisition to close within the next two months.   JUMP Technology, whose clients include market leaders Rothschild & Co Asset Management, Groupama, Groupe VYV, APICIL Asset Management, and Moneta Asset Management, has developed a modular, technology platform that is dedicated to the investment management industry spanning investment managers, hedge funds, private banks, family offices, insurers, and institutional investors.   The JUMP solution covers

CXL Ophthalmics, a clinical-stage company developing a minimally-invasive treatment for keratoconus, has raised a $32 million Series A funding round led by AXA IM Alts through its Global Health Private Equity strategy plus a syndicate of individual investors, including leading cornea specialists. The new investments will support the advancement of CXL Ophthalmics’ (CXLO) transformative cross-linking system, EpiSmart, through Phase 3 trials on the way to a New Drug Application with FDA. EpiSmart is CXLO’s transformative cross-linking system targeting keratoconus, a common type of corneal ectasia. EpiSmart is designed to be highly effective and minimally invasive with reduced discomfort, plus a

Apex Group, a global financial services provider, has expanded its ESG Ratings & Advisory Services offering with the launch of a new diversity, equity, equality and inclusion (DEI) solution for private markets investors. Global movements such as #MeToo and Black Lives Matter have highlighted inequity in society, putting pressure on businesses and investors to accurately report DEI data. Apex Group’s DEI Solution helps clients to collect, evaluate and improve on their DEI practices. This enables investors and their portfolio companies to overcome the myriad challenges faced when collecting sensitive data and identifying any gaps in their DEI approach.   Data

Quickparts, a specialist in on-demand manufacturing services offering custom 3D printing and traditional manufacturing capabilities, and a portfolio company of Trilantic North America formed in partnership with George Votis, Avi Reichental and Ziad Abou, has acquired Xcentric Mold & Engineering (Xcentric), an innovator of on-demand digital manufacturing.  Terms of the transaction have not been disclosed.   Xcentric provides a wide breadth of quick-turn digital injection molding and CNC solutions, from rapid prototyping to product creation at scale. With nearly 100 full-time employees and 60,000 square feet of manufacturing space, Xcentric will expand Quickparts’ capabilities and expertise to deliver injection molding,