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.

Cennox, a portfolio company of York Capital Management’s private equity group (York Private Equity), has acquired a group of Dutch-based companies including, Lincsafe, Merlin, Cashtester and Secusystems. The transaction includes all staff and facilities, with Ron van Veenendaal, founder and Managing Director of the companies, joining the Cennox Operating Board.  Terms of the transaction have not been disclosed.

Groundworks, which secured a significant growth capital investment from private equity firm Cortec Group’s Cortec Group Fund VII, in January 2020, has acquired Peak Structural (Peak). This is the tenth deal acquisition completed by Groundwork’s since Cortec’s investment. Terms of the transaction have not been disclosed.    Founded in 2002 by Paul and Lisa Sutton, Peak serves the single-family residential market in Denver and Colorado Springs with a suite of services including foundation repair, concrete lifting, crawlspace encapsulation, basement waterproofing and other related services.  

CI Partners-backed Patriot Growth Insurance Services (Patriot) has partnered  with Business Benefits Group (BBG) in Virginia, along with BBG’s subsidiary, Incisive Financial Group (IFG). The move extends Patriot’s footprint into the important Virginia and District of Columbia marketplaces. BBG is one of the largest remaining independent insurance agencies in the region.   BBG provides employee benefits, property and casualty insurance, retirement benefits, wealth management services, human resources, compliance, and benefits technology services. BBG has experienced extraordinary organic growth over the last several years, and their investments in talent, tools and business solutions have them well-positioned to continue this impressive growth.

Cooee, an AI platform that helps mobile apps boost customer retention with personalised engagement, has received £300,000 in pre-seed funding from investors including Jenson Funding Partners, the venture capital firm, as well as several angel investors from the United States, India and UK.

Alete Bikes, a portfolio company of Trilantic Europe, private equity firm focused on mid-market transactions in Europe, is to acquire Cicli Esperia. The Zanaga and the Turato families, founders of Cicli Esperia, will become minority shareholders of Alete Bikes. Cicli Esperia, based in Cavarzere (Italy), is a manufacturer of bikes and e-bikes. The company has a wide range of products and operates through four main brands: Cicli Esperia, Legnano, Torpado and Fondriest. In 2021, Cicli Esperia generated revenues of €37 million.

TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, has acquired a majority stake in Morrow Sodali, a global shareholder engagement and governance advisory firm.