Deals
The Riverside Company, a global private investor focused on the smaller end of the middle market, has sold Y International, high-end Japanese bike retail chain, to Daiwa PI Partners. Terms of the transaction have to been disclosed.
Riverside invested in Y International in 2013. The company serves as an E-commerce and big box retailer of bikes, frames, components, maintenance and fitting services, accessories and apparel for high-end cycling enthusiasts including road bikers, triathletes and mountain bikers.
“We are proud of what we have accomplished with the Y International team, transitioning the organisation from a traditional 100-year-old family-owned business to a
Eurazeo is to raise its stake in Kurma Partners, a French venture capital firm specialising in biotechnology and medical innovation, to 70.6 per cent.
This transaction coincides with Kurma’s launch of a third investment strategy, Growth Opportunity, to support more mature companies, with late stage clinical or early commercial stage asset, in which Eurazeo will be a leading investor.
With nearly EUR500 million in assets under management and more than 45 investments made since its launch in 2009, Kurma Partners has built up strong and widely recognised expertise in the financing of innovation in the health care sector and
onefourzero has assisted Elysian Capital by conducting early-stage commercial diligence of D3O, an company that creates pioneering protective products used worldwide by consumers, military personnel, athletes and industrial workers.
As part of early-stage commercial diligence, onefourzero investigated market demand and growth. This involved a focus on brand resonance through search and social mentions. By focusing on these mentions, we could answer several vital questions, such as what is driving changes in consumer demand, engagement and sentiment, how customers are searching, visiting and engaging, and the potential for achievable growth.
onefourzero also focused on brand recognition and NPS to determine sentiment
LBO France, through its Small Caps Opportunities II fund, has acquired a majority stake in the French company Baobag, alongside BNP Paribas Développement, AfricInvest and the management team – the latter led by Fabrice Saffré, to increase the company’s position in its markets.
Baobag originated from the merger of Sacherie du Midi and Framapack in 2007. The company is a pure distributor of Flexible Intermediate Bulk Containers (FIBC), commonly known as big bags. The company operates throughout the value chain, including design, sourcing, transportation and storage. Through the development of tenured and exclusive relationships with trusted manufacturing partners around the
Jscrambler, a technology company specialising in cybersecurity products for web and mobile applications, has raised USD15 million in Series A financing.
The round was led by Ace Capital Partners, with the participation of existing investors including Portugal Ventures. With previous investor Sonae IM and now Ace Capital Partners, Jscrambler is supported by two of the largest cybersecurity-focused growth investors in Europe.
The funding will be used to augment marketing and sales resources in the US and European markets, as well as strengthen and accelerate the product roadmap to meet current customers’ expanding requirements.
In tandem, Jscrambler also announced
Tech-focused investment bank ICON Corporate Finance has acted as the exclusive financial adviser to Cloud Direct, a UK-based Microsoft Azure Expert MSP, on its strategic investment from global IT company Crayon Group.
The deal was announced on the Oslo Stock Exchange.
Cloud Direct’s world-class Cloud Managed Services, combined with Crayon’s expertise in licensing and cost optimisation, will enhance the offering and capacity that both partners provide to their customers. The investment supports Cloud Direct’s ambitious growth and establishes a commercial partnership with Crayon. The partnership brings broader licensing services to Cloud Direct’s customers and takes its specialist Microsoft cloud
PRODA, a specialist in rent roll data processing and analysis, has secure an investment from ING Ventures ahead of gearing up for a Series A raise in 2022.
The investment follows the successful signing of ING Bank as a customer earlier this year. Surplus Invest, an existing investor in PRODA, has also taken part in this round of funding. The total amount of shares issued in this round equalled cGBP3.4 million, consisting of new capital and converting existing loan notes.
This funding round will help build upon the ongoing rollout of PRODA’s product pipeline, including the sharing of data between
Marblegate Asset Management (Marblegate), an alternative investment firm that invests in credit opportunities and special situations, has partnered with Investcorp’s Strategic Capital Group (ISCG). Terms of the transaction have not been disclosed.
Welsh, Carson, Anderson & Stowe (WCAS), a private equity firm focused exclusively on the healthcare and technology industries, has acquired Argos Health, a provider of complex claims revenue cycle services to some of the country’s leading health systems.
Sherpa Capital, a private capital fund manager focused on investing in mid-sized Iberian companies with more than EUR500 million in assets under management, is to support BPXport, an operator of concession sports centres and sports services contracts with a national presence across Spain.
Sherpa Capital’s investment has enabled the incorporation of two sports and leisure centres to its platform: CDO Almendrera and CDO Covaresa. Based in Valladolid, CDO Covaresa is one of the largest sport facilities in Europe.
This transaction is part of Sherpa Capital’s strategy of investing in growth companies, focusing mainly on opportunities in sectorial consolidation processes
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm