Deals
The MCG Group has secured a GBP20 million funding package from Tosca Debt Capital LLP (TDC) to support its ambitious growth plans.
The MCG Group was recently named as one of ‘The UK’s 100 Best Mid-Sized Companies to Work For’ as well as one of ‘Recruitment’s 40 Best Companies to Work For’ by the Best Companies List, with nearly 300 employees across the Group. It offers recruitment, consultancy and project-based solutions within construction, education, healthcare and technology sectors in the UK and internationally.
TDC is a private debt fund, headquartered in Manchester, with a focus on supporting the growth
AnaCap Financial Partners (AnaCap), a specialist mid-market private equity investor in technology enabled financial services, has made a majority growth investment in German FinTech fintus, a low-code software provider in the Financial Services sector.
AnaCap will partner up with fintus Founder & CEO Benjamin Hermanns and provide significant growth capital, financial sector & technology expertise as well as operational support, as fintus continues its ambitious growth strategy by solidifying its strong position in the DACH region and expanding its low-code banking platform (fintus Suite) across Europe. The fintus team will also benefit from significant investment in talent to expand operational
Payhawk, a payments and expense solution with offices in London, Sofia, Berlin and Barcelona, has raised USD112 million just three years after its inception, valuing the company at USD570 million.
The Series B round is led by the San Francisco-based investor Greenoaks, who has a strong track record of investing in high-growth technology companies such as Gorillas, Robinhood, Stripe and Brex. All existing investors, including QED Investors, Earlybird Digital East and Eleven Ventures are participating in the round.
Currently, finance teams are still bound to a high amount of manual work as they are using multiple disconnected tools for
Oak Hill Capital (Oak Hill) and Canada Pension Plan Investment Board (CPP Investments) have entered into a definitive recapitalisation agreement with Berlin Packaging LLC.
The Berlin Packaging management team, including Global CEO and President, Bill Hayes, will make a significant investment in the company alongside Oak Hill and CPP Investments. The transaction is expected to be completed by the end of 2021.
Berlin Packaging is a global supplier of packaging products and services across multiple substrates and end-markets, providing customers of all sizes with solutions to meet their business needs. With annual sales approaching US$2.5 billion, Berlin Packaging is the
Onventis, a Source-to-Pay procurement suite provider, has acquired Swedish spend analytics specialist Spendency, strategically expanding its product offering.
Financial details of the acquisition, which is backed by software investor Main Capital Partners (Main), have not been disclosed.
The Spendency and Onventis leadership teams share a common vision of growth with the aim of becoming a leading European software group, while also transforming the field of purchasing and finance through a single digital spend management ecosystem.
Onventis became part of the Main portfolio in 2019. A cross-border buy-and-build strategy led to the addition of Dutch accounts payable automation company WorkFlowWise in
L Squared Capital Partners is to sell GWS Tool Group, a provider of highly engineered consumable cutting tools, to Sandvik.
GWS will be reported in Walter, a division within the business area Sandvik Manufacturing and Machining Solutions.
The acquisition of GWS will support Walter’s growth strategy in North America and strengthen its solid carbide tools offering. This acquisition represents a strategic opportunity to increase Walter’s and GWS’ respective positions in the manufacturing of advanced components and light-weight materials.
“We are grateful for our partnership with the executive leadership team at GWS, notably Rick McIntyre as CEO,” says Randall Hunt, Partner
Generational Equity, a mergers and acquisitions advisor for privately held businesses, has advised Capitol Awning on its sale to private investors.
Capitol Awning, located in Richmond, Virginia, designs, manufactures, and installs custom awning solutions for both Residential and Commercial customers. Their work can be seen on local hospitals, commercial areas, retail centres, and in neighbourhoods all over the central Virginia.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team led by Senior M&A Advisor, Gene Gall, with the support of Managing Director, M&A, Corey Painter, successfully closed the deal. Senior Managing Terry Stidham established the initial
Antares is acting as administrative agent on senior secured credit facilities to support CVC Capital Partners Fund VIII’s (CVC) investment in CFGI.
All existing shareholders are reinvesting in the transaction in partnership with CVC, including funds managed by global investment firm Carlyle, co-founders and co-CEOs Nick Nardone and Shane Caiazzo, and the partners of CFGI.
Founded in 2000 and headquartered in Boston, MA, CFGI serves the Office of the CFO as an independent advisor to assist with complex accounting and process improvement needs. Operating without the restrictions created by auditor independence regulations, CFGI serves more than 2,500 clients nationally with
Blue Wolf Capital Partners (Blue Wolf), a New York-based private equity firm, has sold StateServ Medical (StateServ) to WindRose Health Investors (WindRose). Terms of the transaction have not been disclosed.
Based in Mesa, Arizona, StateServ is the leading durable medical equipment benefit management company supporting hospices and other post-acute care providers in the United States. Since Blue Wolf’s investment in the company in August 2017, StateServ has undergone a significant transformation, growing through its merger with Hospicelink in early 2018 and organically through operational efficiencies and expansion of the company’s customer base.
Jeremy Kogler, Partner at Blue Wolf, says: “When
MGC Diagnostics Corporation (MGC), a global medical technology company dedicated to cardiorespiratory health solutions, and a portfolio company of Altus Capital Partners (Altus), has acquired Lemon Medical, a medical technology company, headquartered in Hammelburg, Germany.
Financial terms of the transaction have not been disclosed.
Lemon Medical, a German Limited Liability Company, founded in 2009, specialises in the design, development, production, and distribution of single-patient use disposables. These include viral and bacterial filters designed to protect patients, medical personnel, and diagnostic instruments against cross contamination during cardiorespiratory function testing. The usage of these protective products is experiencing significant growth because of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm