TeraWatt Infrastructure (TeraWatt), provider of a network of charging centres for electrified vehicle fleets, has now secured more than $1 billion of institutional capital following an investment by funds managed by Vision Ridge Partners. Existing investors Keyframe Capital and Cyrus Capital, both of which have increased their commitments to the Company, also particpated. The Company expects to use the funding to accelerate its next phase of development and expansion, which is focused on the buildout of a growing portfolio of charging centres and adding talent to the team to support this work.    Launched out of stealth in May 2021,

Granite Creek Capital Partners, a private investment firm based in Chicago, has made an investment in Odyssey Aviation US, a Fixed Based Operator (FBO) that provides fuel, hangar rental, aircraft de-icing, and other services to private aviation customers and air cargo operators at the Kissimmee Gateway Airport (ISM) in Florida and the Willow Run Airport in Michigan.  Granite Creek’s investment supports a broader recapitalisation of Odyssey with Equivu Capital, LLC, the investment arm of Odyssey’s CEO Salvatore Calvino, becoming majority shareholder of the company.   In conjunction with Granite Creek’s investment in Odyssey, Granite Creek partners Mark Radzik and Jim

Climate tech company Patch has raised $55 million in a series B funding round, led by Energize Ventures. New and existing investors including Coatue Management and Andreessen Horowitz also participated in the round which brings total funding raised to date to $80 million. With Patch’s platform, businesses of any size, with any budget, can purchase carbon credits as a means of taking climate action. The transparent infrastructure is transforming a traditionally complex and opaque system for purchasing carbon credits. Patch also provides those developing the climate solutions with the infrastructure they need to grow and scale their businesses, facilitating impactful

Foresight, a listed regional private equity and infrastructure investment manager, has successfully realised its investment in Cimteq Ltd, a cable design and manufacturing software specialist, through a sale to UL Solutions. 

Abris Capital Partners (Abris), an ESG transformation specialist private equity investor, has supported Alsendo, a Central European technology shipping solutions business, in acquiring a majority stake in Zaslat, a technology-enabled parcel delivery platform focused on consumers and corporate clients in the Czech Republic and Slovakia. The acquisition supports Alsendo’s international expansion and giving the business an immediate footprint in the Czech and Slovak markets, with the potential for further expansion across Central Europe. Additionally, Zaslat’s shipping system can be replicated across other Central European markets and further afield, as demonstrated by a recent pilot in South Africa.  Central European investor

Regenerate Ventures has made an investment in Agreed Earth, an agtech company that helps farmers reduce their reliance on nitrogen through regenerative farming techniques.  The new funding will be used by Agreed Earth to develop reference clients in the UK, where the addressable market for its services is estimated to be £800 million. Some 25% of greenhouse gas emissions come from agriculture and reducing them is a global challenge. The company plans to expand across Europe, and to the US, in order to exploit the £81 billion market this represents. Regenerate Ventures specialises in investing in companies that have technologies

Private investor Rcapital, has completed the acquisition of Avonside Energy Limited, an insulation and solar PV service provider for house builders across the UK.  Avonside Energy is a standalone division of the Avonside Group that entered insolvency proceedings earlier this week. The transaction incorporates the Avonside Renewables business which has also been rescued by Rcapital as part of the deal. The acquisition has been a solvent deal and Avonside Energy is not part of the wider group insolvency. Headquartered in Leicester, Avonside Energy has a strong national presence with operations in the West Midlands, East Midlands, Glasgow, Leeds, Newcastle, Warrington

KADENS Capital (KADENS), a pan-European private equity firm specialising in real estate investments and real estate companies, has secured a minority stake in Sustainability specialist Westbridge Advisory/Argentus/Agradblue (Westbridge).  The transaction was undertaken on on behalf of a Norwegian sovereign wealth fund with a long-term investment horizon. The new shareholder provides Westbridge, an ESG service provider and energy optimisation specialist in the German real estate industry, with direct access to international markets, with the KADENS platform and broad investor base opening new opportunities to directly connect to real estate markets outside of Germany.   

Ethos Partners has acquired Norwegian Log, a UK-based designer and manufacturer of premium log cabins and buildings. Based in Reading, Norwegian Log designs, manufacture and supply a range of bespoke premium log building products to both private and commercial customers, across a range of end user verticals throughout the UK. The company offers traditional and contemporary ranges that are adapted for a variety of uses, including ‘granny annexes’, garden rooms, log homes and cabins and holiday cabins. The buyout was led by Ed Taylor (Sales Director) and Paul Williams (Contracts Director). The transaction facilitates an exit for the founding shareholders

Newfold Digital (Newfold), a web and commerce technology provider backed by Clearlake Capital Group and Siris Capital Group, is to acquire MarkMonitor, a provider of domain management solutions, from information and insights specialist Clarivate.