Deals
An affiliate of Charger Investment Partners (Charger) has completed the acquisition of PerTronix (PerTronix), a designer and manufacturer of performance aftermarket automotive products with brands in Ignition, Exhaust and Fuel Systems categories including PerTronix Ignition, Aeromotive Fuel Systems, Waterman, Taylor Cable Products, Doug’s Original Headers, JBA Performance Exhaust, Patriot Exhaust, Compu-Fire, and Spyke.
As part of the transaction, PerTronix’s leadership team will remain in place. Financial terms of the transaction were not disclosed.
Funds affiliated with global investment firm Carlyle have acquired a minority stake in Resonetics, a portfolio company of Sverica Capital Management, valuing the Company at approximately USD2.25 billion.
Sverica initially acquired Resonetics, a specialist in micro-manufacturing for medical devices, in 2014, and then sold a majority interest in the Company in 2018 to private equity firm GTCR. Carlyle will join GTCR as a meaningful shareholder in Resonetics, and Sverica will retain a minority position as a result of the transaction.
MVB Edge Ventures has invested USD6 million in seed funding in Victor Technologies to accelerate the launch of Victor’s banking APIs and Vantage risk management platform.
Vantage makes it easier for banks to quickly onboard a wide range of Fintech clients in Gaming, Payments, Banking-as-a-Service and Digital Assets as well as enables better oversight and monitoring on a single platform. Traditionally, the process of due diligence, risk assessment and ongoing monitoring of Fintech programs is burdensome to banks, which makes it harder to scale partnerships.
Brunnur Ventures has invested USD2.8 million in Hopp, a sustainable electric scooter rental company focused on smaller cities, local travel and smaller fleets – an almost untouched market as more than 95 per cent of cities in Europe with less than 500,000 inhabitants are currently unserved.
Hopp is expanding its service globally by enabling individuals to launch and operate a Hopp franchise in their area, investing in a rapidly growing market and launching their own fleet on an advanced software platform with expert guidance, curated best practices and ongoing support. Franchisees can manage every aspect of their operation from a
AMP Capital is to sell its 50 per cent stake in ESVAGT to its co-investor 3i Infrastructure. This will result in 3i Infrastructure holding 100 per cent of the business.
ESVAGT is a leading offshore vessels owner and operator in the North Sea supporting the offshore wind and oil & gas industries. ESVAGT’s service operation vessels (SOVs) are a key enabler of the rapidly growing offshore wind industry
VinFast, a member of Vingroup, the largest private conglomerate in Vietnam, has led a USD10 million Series B investment in Karamba Security.
Existing investors YL ventures, Fontinalis Partners, Liberty Mutual, Presidio Ventures, Glenrock, Paladin Group and Asgent also participated in the round, which brings the total capital invested in Karamba Security to USD27 million.
Battery Ventures, a global technology-focused investment firm, has made a USD160 million growth investment in cloud translation technology platform Smartling.
Battery Ventures, which has a long history of backing software-as-a-service (SaaS) and cloud computing companies, identified Smartling as an industry leader based on its comprehensive translation platform, one that uses both the power of AI and machine learning technologies and the intuitive skills of its marketplace of translators.
Bessemer Venture Partners has led a USD16 million Series A financing round in Rimes, a provider of the Regulatory Information Management (RIM) software for the medtech industry.
Existing investors Allos Ventures, Private Opportunities, and Innovation Works also participated.
The company has also appointed two industry veterans, Adam Price and Christine Robertson to its executive team, and that Bessemer Partner Andrew Hedin and Pendo Co-Founder Eric Boduch have joined Rimsys’ board of directors.
Moody’s Corporation has acquired PassFort Limited and entered into an agreement to acquire 360kompany AG (kompany). Both firms are European providers of onboarding and Know Your Customer (KYC) technology solutions.
The acquisition of kompany is expected to close in the first quarter of 2022, subject to the satisfaction of customary closing conditions, including the expiration or termination of applicable regulatory waiting periods, and will be funded with a combination of cash and shares of Moody’s Corporation common stock. The acquisition of PassFort was funded with cash.
Private equity firm Tailwind Capital (Tailwind) has completed the sale of Cumming Group (Cumming), a provider of project and cost management consulting services, to New Mountain Capital.
Terms of the deal, which will see Tailwind retain an equity stake in the company alongside New Mountain Capital, have not been disclosed .
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
