HITS Shows announced today it has secured a majority investment from Traub Capital Partners (TCP). TCP will further invest in the five show locations currently operated by the company.   HITS will continue to operate as HITS Shows, and its leadership team and workforce will remain in place based out of Saugerties, New York.  The investment by TCP will allow HITS to make improvements to all five venues with the goal of not only investing in the facilities and infrastructure, but also in elevating the level of service and hospitality.

Budget Insight, an aggregator of banking and financial data in France, has secured USD35 million (EUR31 million) in funding from PSG Equity (PSG), a growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth and build scale across Europe and the US. PSG will be a shareholder alongside the management team and Crédit Mutuel Arkéa. Crédit Mutuel Arkéa invested in Budget Insight in 2019. The investment helped Budget Insight cement its technological edge and pave the way for its new stage of expansion on a European scale. Going forward, Crédit Mutuel Arkéa will continue to

Mayer Brown Capital Markets, a debt and equity capital markets practice advising clients across the United States, Europe and Asia, has appointed Dr Susanne Lenz as a partner. Lenz is a capital markets practitioner qualified in Germany and New York. She will be based in Frankfurt and will focus on equity and debt capital markets transactions in both Germany and the United States. Her appointment further expands Mayer Brown’s growing European capabilities in advising companies on IPOs, private placements, and other equity offerings, and complements its special focus on equity, tech and life sciences.   Lenz advises issuers and underwriters

Wheel Pros, a designer, manufacturer and distributor of proprietary branded aftermarket vehicle enhancements for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group (Clearlake), and in partnership with management, has acquired TeraFlex, a designer, manufacturer and distributor of aftermarket suspensions, shocks, and other components for automotive and off-roading enthusiasts. TeraFlex’s Founder and CEO Mark Falkner, president Benjamin Falkner, and VP of organizational development Ian Falkner will remain with the combined company.  Financial terms of the transaction have not been disclosed.

CardioRenal, a company specialised in improving treatment at home for patients with severe chronic kidney disease (CKD), has secured funds of EUR3.3 million (USD3.7 million) from business angels and longstanding company shareholders (the management) as part of a round of seed capital financing. This funding will enable the company to pursue its plan to achieve clinical and regulatory approval in preparation for the CE marking of its integrated tool, which is expected in 2023. CardioRenal completed a clinical trial on the technology in October 2021. The results of this trial will be presented at the European Renal Association congress in

Actis, a global investor in sustainable infrastructure, has successfully exited Echoenergia, Brazil’s largest independent renewable energy platform, through a sale to the listed utilities company Equatorial Energia. The exit of Echoenergia represents the third successful realisation of a major energy investment in Latin America by Actis in the last 12 months. This exit followed the sale of Aela Energía, the largest renewable energy IPP In Chile, to Innergex Renewable Energy, and the sale of Saavi Energia, a leading independent power provider (IPP) in Mexico, to Global Infrastructure Partners.

HIG Capital (HIG), a global alternative investment firm with USD48 billion of equity capital under management, is pleased to announce that its portfolio company. Concord USA (Concord), a portfolio  company of HIG Capital (HIG), has acquired Evolytics (Evolytics), it’s second add-on acquisition this year. Headquartered in Kansas City, Missouri, Evolytics provides digital analytics and consulting services to leading enterprise customers and brands worldwide. With expertise in data and marketing analytics, Evolytics supports digital transformation and growth initiatives for customers primarily in the financial services, technology, and ecommerce industries.

Irish private equity firm, Melior Equity Partners, has invested in Salmon Software, a fast-growing financial software business that provides customers with a world-class treasury management software system. Founded by CEO John Byrne, Dublin-headquartered Salmon Software employs a total of 30 staff across its operations in Ireland and the Czech Republic. Salmon Software’s decision to partner with Melior was driven by the firm’s strategic experience in growing similar Irish technology businesses, its unique global network, and notable investor base. The investment from Melior will support the future growth of Salmon Software, facilitating further product innovation and the delivery of an even

BNP Paribas Asset Management (BNPP AM) announces that it has completed the acquisition of a majority stake in Dutch asset manager and specialist lender Dynamic Credit Group (DCG). DCG will become part of BNPP AM’s Private Debt & Real Assets (PDRA) investment division, bringing its total AUM to more than EUR20 billion (as at 31 December 2021). This acquisition is in line with BNPP AM’s strategy of accelerating the expansion of its investment platform, particularly within the strategically important area of private markets, which is also an important growth axis of the BNP Paribas Group’s 2022-2025 Strategic Plan.