Oaktree has completed the acquisition of 17Capital, a provider of non-dilutive capital to high-quality private equity management companies, funds and institutional investors that are seeking to finance value creation and portfolio management initiatives. Oaktree is a specialist among global investment managers fosued on alternative investments, including credit, private equity, real assets and listed equities. This strategic partnership will give 17Capital access to Oaktree’s deep global network and add to Oaktree’s extensive suite of private capital solutions. 17Capital, which is headquartered in London, will continue to operate as an independent business, with its own product offerings and investment, marketing, and support

Insurance industry veteran, Alex Tuff, has partnered with Integrum Holdings (Integrum), an innovative investment firm focused on investing in technology-enabled services companies, to launch Evertree Insurance (Evertree), an omni-channel personal lines insurance distribution platform. The build-out and growth of the business will be financed through a substantial equity commitment from funds affiliated with Integrum. Integrum’s investment will support the continued growth of the emerging insurance agency through the acquisition of top tier agencies, development of a new technology platform, recruitment of best-in-class personal lines agents and expanding the executive leadership team.   The investment in Evertree is the third investment

HCI Equity Partners, a lower middle-market private equity firm, has sold SouthernAg Carriers, Inc, a transportation and logistics service provider for agricultural and related processed food manufacturers, specialising in peanuts, cotton, pecans and other agricultural products to large consumer packaged goods customers including Mars, P&G and ConAgra. SouthernAg has five facilities in Georgia, North Carolina and Texas. Republic Partners served as the financial advisor and Vedder Price served as legal counsel to SouthernAg.

Munch’s Supply, the HVAC division of Marcone, has acquired Wholesale Sheet Metal (WSM) and Pile Protection Tops (PPT). The acquisition expands Munch’s geographic footprint to 71 locations serving 17 US states and one Canadian province.   Munch’s Supply is a Marcone company that has been operating in the Chicagoland area for more than 65 years and is consistently ranked as a top 10 HVAC distributor in the United States. Marcone, a leading distributor of home appliance, HVAC and plumbing repair parts and equipment across North America acquired Munch’s Supply in 2021. Together, the companies operate with a singular goal—to become

Fidelity Payment Services, a provider of fully-integrated omni-channel payment processing technology, secured a strategic growth investment from PSG, a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth. Existing investor HIG Growth Partners also participated in the round. Financial terms were of the deal have not been disclosed.   Fidelity Payment Services’ differentiated payments system is powered by its proprietary technology platform and payment gateway, Cardknox.  With this new funding, Fidelity Payment Services plans to continue to innovate its Cardknox technology platform, enhance its go-to-market strategy and expand into new markets with an

Connection Capital has made a £5.1 million growth capital investment in Brompton Technology, a London manufacturer of leading-edge processing technology for LED video walls used in live events, TV and film production. Brompton Technology’s products are used on global music tours of artists like Taylor Swift and U2, and in the filming of High end TV and film productions such as Disney+ series The Mandalorian.  The investment will enable Brompton Technology to capitalise on significant growth opportunities ahead. Demand for its products is extremely high with growing markets globally.  As part of Connection Capital’s investment a highly experienced non-executive chairman,

Atlantic Street Capital (ASC), a private equity firm that invests in lower middle market companies, has acquired assets from CyberGuard Compliance, a licensed CPA firm with exclusive specialisation in IT compliance and cybersecurity audit and assessment services, and Elite Consulting Solutions, a provider of IT compliance and cybersecurity consulting and remediation services, collectively known as “CyberGuard”. Founded in 2009 by Jim Jimenez and Tim Roncevich, CyberGuard provides non-discretionary IT compliance and cybersecurity services including SOC, HITRUST and PCI audits, vulnerability assessments, penetration testing, and other compliance/cybersecurity services. CyberGuard has a diverse client base, ranging from emerging growth and pre-IPO businesses

Private equity firm Alpine Investors (Alpine), a Certified B Corporation committed to building enduring businesses, has acquired FEV Tutor, a K-12 research and evidence-based online tutoring platform. Terms of the transaction have not been disclosed. Alpine’s partnership will help further FEV Tutor’s mission to develop high-quality, online learning solutions that drive change by positively impacting learning outcomes for students from all backgrounds. As part of the transaction, Jim Tormey of Alpine will be the new chief executive officer at FEV Tutor, with co-founders Anirudh Baheti and Ryan Patenaude continuing in leadership roles.     Jim Tormey joins FEV from Alpine’s

Pan-European private equity investor Oakley Capital’s portfolio company ECOMMERCE ONE has acquired Gambio, a provider of shop system software solutions for online retailers in the DACH region. Founded in 2004 by Daniel Schnadt and Nonito Capuno, Bremen-based Gambio provides more than 25,000 retailers with a modern shop system software that offers a wide range of functions and is connected to all major marketplaces, payment systems, merchandise management and ERP systems and shipping service providers. Gambio’s solutions are optimised for the best search engine rankings and are suitable for both professionals and e-commerce beginners, who can create and customise a legally

Livingbridge, a mid-market private equity investor, has invested CitNOW Group, a global provider of front-office software to the automotive retail industry. European mid-market tech investor Tenzing has materially reinvested from its latest fund alongside Livingbridge. Founded in 2008, CitNOW Group provides software products to franchised car dealerships to improve both efficiency and conversion of sales and aftersales. The suite of software products allow dealerships to digitally engage with a customer at the start of their purchasing journey via video, manage the customer through the sales process and then generate additional revenues and technician workflow efficiencies when the customer brings their