Deals
Principal Global Investors, through its direct lending business, Principal Alternative Credit, has served as sole lead arranger and administrative agent on senior secured credit facilities for Versant Diagnostics, an Iron Path Capital portfolio company, in partnership with Alliance Pathology Consultants.
The financing supports Versant Diagnostics emergence as one of the largest, independent, physician-led pathology groups in the Midwest region.
“We are pleased to support Iron Path Capital and Versant as they continue to successfully execute their acquisition strategy,” says Doug Koch, managing director for sponsor originations with Principal. “We look forward to the continued growth and expertise that Versant’s talented
IK Partners’ (IK) IK IX Fund is to acquire Renta Group Oy (Renta Group) from Intera Partners (Intera), alongside management and employees who will be reinvesting. Financial terms of the transaction have not been disclosed.
Renta Group is a full-service machine and equipment rental services company with more than 100 depots across Finland, Sweden, Norway, Denmark and Poland. The equipment offered meets a broad range of customer needs across construction, infrastructure and industrial markets. The Company also offers modern site facilities, scaffolding and weather protection services in addition to other site services such as temporary plumbing and heating, ventilation and
Perwyn, a family-backed private equity and growth capital investor, has acquired the Krakow-headquartered business SALESmanago, together with its co-investor SilverTree Equity.
Glennmont Partners from Nuveen (Glennmont) has acquired 100 per cent of the share capital of Sirocco Winco 2, a portfolio of onshore wind projects in Albacete and Andalucia, from Sirocco Power, a special purpose vehicle incorporated by Alfanar Group, Saudi Arabia (Alfanar).
The investment represents Glennmont’s first acquisition in the Spanish wind market and is made up of four assets with a combined capacity of 98.7MW: La Escalereta II (23.63MW), La Estancia (7.8MW), Chinchilla (27.30MW) and Barrax (39.70MW). All assets have been acquired at COD and have begun operations.
The projects will benefit from a ten and a half-year PPA
Pamplona Capital Management (Pamplona) is to acquire EET management have agreed to acquire the company from funds managed by FSN Capital. The sale is expected to close in the first quarter of 2022.
EET is a leading value-added distributor of specialist technology components and solutions with a growing presence across Europe, selling branded and private label products to over 30,000 customers. The company has established longstanding vendor partnerships and leverages its deep technical expertise to deliver a differentiated product and service offering to its customers.
EET is led by CEO Søren Drewsen, supported by a deep and highly experienced
One Equity Partners (OEP), a middle market private equity firm, is to acquire Norit Activated Carbon (Norit), a global manufacturer of activated carbon for purification solutions, from corporate parent Cabot Corporation (NYSE: CBT).
Norit manufactures a broad portfolio of activated carbon products used for purification needs in growing sectors including renewable natural gas, food and beverage, chemicals, pharmaceuticals, air quality, water, and automotive. The Company operates two plants in North America, five facilities in Europe and participates in three joint ventures in Canada, Asia and Mexico.
“We are proud to make this investment in Norit, whose product offering uses renewable
GreenDome Investments has closed on the acquisition of Elite Co from Prama Holdings. Elite Co is a leading fully integrated land freight and courier solutions providers in the Middle East.
The transaction represents one of the region’s largest acquisitions in the logistics market and is the first of many acquisitions by GreenDome Investments, a logistics investment vehicle owned by regional industry leaders.
“The acquisition of Elite Co represents our first transaction as we embark on a journey to build an integrated, customer-centric and technology-focused end-to-end global logistics services business. We intend to support the region’s fast-paced economies while expanding our
Kelda – a specilaist in water, energy and carbon saving showers – is raising funds to launch its new, revolutionary, environmentally friendly BubbleSpa shower through Growthdeck, the private equity investment firm.
Kelda’s BubbleSpa shower uses a patented, world-first technology to produce spa-grade water bubbles in a continuous stream which delivers a unique, luxury spa experience, where users can see, feel and hear the bubbles. This technology builds on Kelda’s existing cutting-edge air-injection technology which is utilised in its original AirPowered shower product, where air flow is used to halve water and energy usage.
The new BubbleSpa has received a strong
FYLD, a London-based, AI-driven digital platform designed to ensure the safety and efficiency of field teams, has completed completed a GBP10 million Series A funding round.
The funding was provided by Koru, the Ontario Teachers’ Pension Plan’s venture incubator, and corporate partner SGN, a leading UK gas distribution network operator. To date, FYLD has raised a total of GBP14.4 million.
Both participating investors have committed to following their initial seed funding investments based on the results achieved since FYLD was supported with validation and launch in 2020 by world-leading venture foundry Boston Consulting Group Digital Ventures (BCGDV).
FYLD will use
Cerbos, a new open source software startup helping tech scaleups and other companies manage user permissions more efficiently, has raised a USD3.5 million seed round.
Investment in the funding round was led by Crane with support from Earlybird Digital East, Seedcamp, 8-Bit Capital, Connect Ventures, OSS Capital, Acequia Capital, HelloWorld, Tiny, and a roster of prestigious angel investors including Guillaume Pousaz, Paul Forster, Mike Stoppelman, Jeff Trudeau, Chris Barchak, and Pete Koomen.
Cerbos serves a vast addressable global market of companies with growing software stacks and exponentially more complex levels of user permissions to manage them.
In particular,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm