Sarasin & Partners has acquired Bread Street Capital Partners. The deal will see Sarasin & Partners build out a new specialist private markets business called Sarasin Bread Street. Sarasin & Partners is a global investment manager that invests thematically and responsibly on behalf of institutions, charities and private clients, with GBP21 billion in AUM.  Bread Street is a private markets boutique founded in 2021 by former Aberdeen Standard Investments private markets investment duo, Alex Barr and James Witter.

The Riverside Company, a global private equity investor focused on the smaller end of the middle market, has invested in EventsAIR, an Australian events management software solutions provider for in-person, virtual and hybrid events. The investment is being made in partnership with EventsAIR’s founder, Trevor Gardiner, and several other members of the management team including incoming CEO Matthew Donegan-Ryan. EventsAIR, headquartered in Brisbane, develops software that is used before, during and after events to manage registration, attendee engagement, operations, housing, travel, marketing and communications.  Riverside will support EventsAIR with its international expansion plans in North America and Europe and will

Orka Technology Group (Orka), a SaaS business that provides tech-based solutions for shift workers and their employers, has secured a GPM3 million investment from venture capital investor Praetura Ventures. The business will use the funding to support people – such as cleaners, engineers and security staff – seeking shift work in the facilities management (FM) sector by helping them to source job opportunities, onboard with new employers and get paid.   With Praetura Ventures’ investment, Orka plans to accelerate product development, grow its API integration programme and target growth in new markets, including in the mechanical and electrical sectors.

NorthEdge-backed Correla has completed its first strategic acquisition – CloudKB, a cloud-based energy data management business. NorthEdge acquired Solihull-based Correla in March 2021. Correla is the only technology service provider with end-to-end visibility of the UK’s gas network, and enables access to this data through a real-time, visual and interactive analytics dashboard – enabling customers to monitor the impact of Carbon reduction programmes and drive efficient energy usage. 

Funds advised by KLAR Partners Limited (KLAR Partners) is to invest as growth partner in NWT Group, one of Germany’s leading service providers for the solar industry. NWT Group was established to help accelerate Germany’s transition towards renewable energy. NWT Group provides best-in-class design and procurement services for a broad installer network in the German rooftop solar market. In 2021, NWT Group achieved sales of more than EUR 50 million. The investment in NWT Group is in line with KLAR’s strategy to invest in companies operating in business services and industrial technology within growing markets. Growth in the German solar

First Eagle Investments (First Eagle) is to acquire Napier Park Global Capital (Napier Park), an alternative credit manager with approximately USD18.7 billion in assets under management as of 31 December, 2021, predominantly for institutions through credit funds, US and European collateralised loan obligations, and real assets. As an autonomous, wholly owned unit of First Eagle Investments, Napier Park will go to market as “Napier Park, a First Eagle Investments Company” and maintain its investment approach, business focus and client service. First Eagle Investments is an independent, privately owned investment firm with approximately USD110.5 billion in assets under management as of

Baseload Capital has embarked on its first project in the US to harness excess heat from oil and gas wells. This will also be the company’s first collaboration with German supplier Orcan Energy. After evaluating several potential locations, Baseload Capital identified a suitable site with excess hot water, which is a byproduct in the oil and gas extraction process. Using Orcan Energy’s modular solution which have proven successful in the oil and gas environment, the geothermal heat from this otherwise unutilised energy source will be used to generate CO2-free electricity.

PRO Unlimited, an integrated workforce management (IWM) platform provider, is to acquire Geometric Results, Inc. (GRI), an independent, outsourced workforce management specialist, from funds managed by Bain Capital Private Equity Europe. This acquisition will increase the value of PRO’s IWM platform by adding GRI’s proven Managed Services Program (MSP) capabilities to its robust portfolio of SaaS, Talent Intelligence and Professional Services solutions.     GRI is currently owned by MSX International, a portfolio company of funds managed by Bain Capital Europe, that provides technology-enabled business process outsourcing. 

px Group, an infrastructure solutions business and operator of several UK energy sites, has acquired Fairport Engineering (Fairport), the engineering and materials handling specialist based in the Northwest of England which includes Fairport Tunnelling Technologies in Sunderland. The deal, the value of which is undisclosed, brings Fairport’s materials handling expertise into px Group’s group of businesses. The acquisition is the company’s first since being acquired itself by Ara Partners in April 2021 and follows the acquisition of Camm-Pro and NRG Well Management in 2019 and 2020 respectively.  Fairport’s 70-plus staff will now be part of px Group. px Group says

Abris Capital Partners, a Central European private equity investor, is to acquire a majority stake in Orbitvu – a specialist in automated product photography solutions. Orbitvu, founded in Poland in 2010, has grown to become the leading player in the global market for automated photography solutions. The company provides a one-stop-shop solution for visual content creation and management via compact photo studios and software. Customer benefits include time and cost savings in content production and post-processing. Orbitvu’s solutions are used to capture still and 360° product images as well as live model videos for various sectors including apparel, consumer goods,