CVC Credit has provided unitranche debt facilities to support the growth strategy of German pet food business AlphaPet. CVC will support the ongoing organic and acquisitive growth of the business, including the recent acquisition of Arden Grange, a UK-based premium pet food brand, through the provision of a term loan as well as a committed acquisition facility.    Established in2016, AlphaPet has grown rapidly through both organic growth and scaled via acquisition. The addition of Arden Grange greatly complements the existing brands and expands the business’s footprint into new geographies.

Funds managed by Ares Management Corporation’s Alternative Credit strategy and Real Estate Group have acquired Capital Automotive (CARS) from a Brookfield private real estate fund for USD3.8 billion. CARS is a self-managed real estate company that provides highly tailored, sale-leaseback capital to automotive dealers in the US and Canada to support them in acquiring new locations and upgrading facilities. The company owns a diversified portfolio of over 250 high-quality, operationally essential real estate assets that are structured as long-term triple net leases.   Ares’ dedicated net lease investment team brings deep industry experience combined with an integrated operating platform. The

Runway Growth Capital (Runway), a provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, has closed a senior secured term loan commitment of USD13 million to Dejero. Decor is a telecommunications aggregator of diverse connectivity paths including LTE and 5G cellular, satellite and broadband to deliver enhanced reliability, expanded coverage, and greater bandwidth using cloud-based technology. The senior secured loan welcomes Dejero back to the Runway portfolio and continues the firm’s commitment to their growth.

Pemberton, an alternative credit specialist, has provided financing facilities supporting Pamplona Capital Management’s (Pamplona) acquisition of a majority stake in EET Group (‘EET’). This transaction represents Pemberton’s second investment with Pamplona as well as its third investment in the Nordic region over the last 12 months. Following Pemberton’s approach to ESG, the facilities include incentive mechanisms to encourage ESG-positive business practices.   Founded in 1986 and headquartered in Denmark, EET is a value-added distributor of specialist technology components and solutions with a growing presence across Europe. Active in 24 European countries, EET’s technical salesforce sells branded and private label products

Wild Cosmetics, a design-led personal care start-up which pioneered the UK’s first plastic-free refillable deodorant in 2019, has closed GBP5 million in additional funding from existing investors to double down on its mission to remove single-use-plastics and unnecessary chemicals from everyday bathroom routines.

Liefergrün, a sustainable last mile shipping platform, has closed a EUR3 million seed round led by Speedinvest. Norrsken VC also contributed to the round.   Liefergrün will use the investment to grow its team, expand its platform and begin preparations for rolling its service across major European cities including London, Paris and Madrid.    Liefergrün, which is currently present in 30 cities across Germany, uses a fleet of cargo bikes and electric vehicles based at scores of micro distribution hubs to enable emission-free delivery of goods bought online to consumers.

Rubi Laboratories – a pioneer in carbon-negative cellulosic textiles – has raised USD4.5 million in a seed funding round led by Talis Capital and Necessary Ventures. Climactic, Collaborative Fund, Plug and Play, Incite Ventures, Darco Capital, Cayuse Partners, Axial VC, Climate Capital Collective, and CapitalX, also participated.  A number of industry leaders joined as angels, including James Reinhart, CEO and founder of thredUP; Manny Mashouf, CEO and founder of Bebe Stores; Nicolaj Reffstrup, founder of GANNI; Alexander Lorestanti, CEO and co-founder of Geltor; and Rei Wang, co-founder of The Grand and former CEO of Dorm Room Fund. The round also

Neo Medical, a Swiss-based Medtech company developing value- based care solutions in spinal surgery, announced today the closing of a USD20.6 million financing round. The round features Swisscom Ventures as lead investor, with  the proceeds of the financing set to be used to support the accelerated commercial deployment of Neo Medical ADVISETM augmented reality platform for spinal surgery, with a particular focus on the US market.

The North East Development Capital Fund (NEDCF), supported by the European Regional Development Fund (ERDF) has led a GBP410,000 investment in Newcastle-based CRL Foods Ltd (CRL Foods), a specialist food & beverage canning, sterilisation and pasteurisation business. The Fund originally invested last year to enable the business to expand its team, creating 10 new jobs in Newcastle and increase its production capacity. The transaction includes GBP250,000 from NEDCF, GBP61,500 from existing shareholders, and a GBP98,500 grant from the North of Tyne Growth Fund. The North of Tyne Growth Fund is a GBP4.6 million programme of investment part-funded by European Regional

MLM 2, an information services and software platform led by veteran IP executive Mason Slaine, and Warburg Pincus, a leading global growth investor, have acquired Minesoft, a patent search provider. The investment will enable the company to accelerate the development of new products, expand and scale globally, including in the US, and enhance existing products with analytics, artificial intelligence, and machine learning. Terms of the transaction were not disclosed. Minesoft marks the first acquisition for MLM 2, backed by a USD1 billion equity commitment from Warburg Pincus. MLM 2 continues to pursue additional acquisitions in information, software, and technology-enabled services,