Glennmont Partners from Nuveen (Glennmont), a clean energy infrastructure investment specialist, has divested its Margam Green Energy Plant (Margam) to Greencoat Capital (Greencoat). Margam is an operational 41.8MWe bioenergy plant located in South Wales near Port Talbot, which is fuelled by waste wood and generates renewable power. It benefits from accreditation for 1.4 ROCs per MWh and has 15 years of ROC life remaining. The plant was originally acquired by Glennmont in 2015 during the construction phase and has been operational since 2019.  Margam has been an important element of the local community, which is evidenced by the Margam twenty-year

Mozart Data, an all-in-one modern data platform, has raised $15 million in a Series A funding round led by Craft Ventures. Goldcrest Capital, Spearhead, Apollo Projects, and Valor Equity Partners also participated in the round.  Mozart Data provides a Snowflake data warehouse, ETL, transformation, and other no-code tools to consolidate, organise, and clean company data before the analysis stage. Mozart’s all-in-one data platform decreases company time and resources spent on building and maintaining data infrastructure. The new funding brings the company’s total funds raised to $21M.    Since raising its seed round in 2020, Mozart Data has had more than

CoVenture, an asset management firm investing across the capital stack of tech-enabled companies, has made two additions to its team. Meghan Hillery joins CoVenture as Director of Business Development. Prior to CoVenture, she was a Technology, Media & Telecom Leveraged Finance Senior Analyst at Capital One.  Additionally, Rajinder Singh joins CoVenture as a Credit Associate. Prior to CoVenture, he was an Investment Banking Analyst at Guggenheim Partners.

Galileo Technologies, a company that deploys a unique technology to capture natural gas from any source and convert it into Liquefied Natural Gas (LNG) on-site, has secured a major cornerstone investment from Helmerich & Payne (H&P), North America’s largest land drilling solutions provider. Galileo is backed by private equity firm Bluewater. H&P invested $33 million into the Company in the form of a convertible note. The convertible note bears interest of 5% per annum and is due April 2027.  If exercised, the note would convert into common shares of Galileo at an enterprise value of $1.35 billion.

Apis Growth Fund I, a private equity fund managed by Apis Partners (Apis Partners), a UK-based asset manager that supports growth stage financial services and financial infrastructure businesses, has successfully partially exited its position in off-grid solar energy company Sun King, formerly Greenlight Planet. Sun King thas competed a $260 million Series D capital raise, with investment led by BeyondNetZero, the climate investing venture of General Atlantic.  As part of this transaction the fund sold the majority of its stake in the Company. The fund continues to hold a stake in Sun King and Apis Partners will remain supportive of

Coherent, a global no-code software-as-a-service (SaaS) provider, has closed a $75 million Series B funding round led by Maverick Capital, including Maverick Ventures. Owl Rock, a Blue Owl division, GreatPoint Ventures, and existing investors Cathay Innovation and Franklin Templeton, also participated.   Coherent’s annual recurring revenue grew more than 10x and its customer base quadrupled, now stretching over six continents, since the company’s Series A in November 2020. This round, which brings Coherent’s total funding to $89 million, will support the continued expansion of Coherent across the global insurance industry and capitalise on the momentum in new industry verticals, such

Private equity advisor Triago has appointed Managing Partner Matt Swain to the newly-created post of global chief executive officer (CEO). Previously Co-Head of the Americas, Swain’s responsibilities widen to oversight of Triago’s worldwide operations in capital raising, secondary transactions and strategic advisory, across offices in New York, London, Paris and Dubai. As CEO, Swain reports to Triago Founder & Executive Chairman Antoine Drean. Founding Partner Victor Quiroga, formerly Co-Head of the Americas, is now sole Head. Staff numbers at Triago rose 29 per cent in the year through February, while annual revenues rose 115 percent in 2021, with all businesses

Resurgens Technology Partners, a software-focused private equity firm, has made a platform investment in i-Sight, a provider of case management software targeted to HR, compliance and corporate security functions within mid-sized and large organisations. The company’s powerful case management software helps organisations detect and prevent issues by improving all aspects of internal investigations, including initial intake, information gathering, case triage and assignment, workflow, production of summary documentation and analytics.  i-Sight’s case management products help clients resolve issues, manage risk and prevent future incidents. The company’s tools and software support a broad range of critical areas for its clients, including human

Keensight Capital, a private equity manager dedicated to pan-European growth buyout investments, is to acquire a majority stake in Valiantys alongside the company’s existing management team. Valiantys has built a strong relationship with Atlassian, a provider of team collaboration and productivity software, and is one of the leading global transformation partners in the Atlassian ecosystem.

Munich-based EGYM, a portfolio company of HPE Growth, has acquired the Paris-headquartered Gymlib for a high double-digit million purchase price. Over the last five years HPE Growth has supported EGYM in becoming Germany’s leading provider of corporate fitness solutions with its qualitrain brand. EGYM relies on a fast-growing customer base of circa 3,600 corporate customers, whose employees have access to over 5,500 top-quality fitness facilities across Germany. The acquisition will combine these customers with Gymlib’s 600 corporate customers and 4,300 fitness facilities across France and Belgium.