Deals
Tikehau Capital, the global alternative asset management group, has arranged a HoldCo PIK financing to support CVC Capital Partners Fund VIII (“CVC”) and BIP equity partners in its investment in BIP, a management consulting company specialised in digital transformation and innovation.
Founded in Italy in 2003, BIP is a leading international consulting firm present in 13 countries, with more than 3,500 employees and a turnover of EUR315 million in 2020 (31 per cent increase vs 2019).
Tikehau Capital has been backing BIP’s remarkable growth since 2018, supporting the company doubling its revenues and expanding internationally.
Tikehau Capital was advised by
Synechron Inc, a digital transformation consulting firm focused exclusively on the financial services industry, has formed a partnership with Accelex Technology to further drive operational efficiencies for its financial services clients.
Accelex offers an advanced artificial intelligence (AI) and machine learning-led automation system for effective data acquisition, analytics and reporting that can afford tangible benefits to investors and asset servicers.
Synechron has been working with Accelex since 2018 and has successfully leveraged the firm’s innovative AI and machine learning models – based solutions for the trifecta of key data management: data acquisition, analytics, and visual display reporting for clients.
Clients of Connection Capital, the specialist private client investment business, have collectively invested GBP5 million into HP Access Fund II, a specialist venture capital (VC) fund focused on buying secondary stakes in later stage investments in the UK and European technology companies.
HIG WhiteHorse, a credit affiliate of global investment firm HIG Capital (“HIG”), has arranged a refinancing package for Kermel (the “Company”), which also includes a growth capital component.
Kermel is a technical fibre manufacturer for flame and heat resistant clothing. The Company manufactures polyamide-imide fibres for garments dedicated to personal protection that demonstrate exceptional resistance to heat, fire and abrasion in extreme circumstances.
HIG WhiteHorse has committed EUR73 million of unitranche and capex facilities to refinance the borrower’s existing indebtedness and provide additional capital to finance the Company’s growth. Kermel has plans to increase its production capacity in the coming
Nova Pangaea Technologies, a UK company which converts woody and agricultural residues into sustainable biocarbons, biofuels, biochemicals and biopolymers has raised a further GBP2.4 million from existing investors as part of a successful Series A funding round.
The latest investment has been led by Par Equity, alongside Northern Powerhouse Investment Fund (NPIF) and Cambridge Angels as well as several existing private investors. It is the largest fundraising round for the company and represents an enhanced valuation of the business.
Nova Pangaea’s continuous thermo-chemical process, called REFNOVA, converts feedstocks such as sustainable wood, straw and other crop residues into biocarbons,
SocialChorus and Dynamic Signal, two high-growth SaaS specialists in the digital employee experience (DEX) market have combined to create Firstup, a new company ‘built to reimagine employee connection through transformative workforce communications’.
Firstup reflects a vision for the future of the modern workforce, in which forward-looking, employee-first companies can reach, connect, and engage every worker, everywhere.
With over 15 million workers on the Firstup platform, spanning 180 countries, the company launches with the foundation of workforce communication pioneers. The strength of Firstup is elevated by the world’s largest customer community of employee experience and communications professionals from nearly 500 companies,
Australian technology company Calix Limited (ASX: CXL) (“Calix” or the “Company”) is pleased to announce global decarbonisation investor Carbon Direct Capital Management has invested EUR15 million for a 6.98 per cent equity stake in Calix subsidiary, the LEILAC Group, which is dedicated to the commercialisation and ongoing development of Calix’s LEILAC CO2 capture technology.
In addition, as part of the transaction, Calix has entered into a licence agreement with the LEILAC Group under which it will retain 30 per cent of royalties earned by the LEILAC Group from deployment of the technology, regardless of Calix’s equity stake in the LEILAC Group.
Align Capital Partners (ACP) has sold its portfolio company Pleatco Filtration (Pleatco) to Pentair for USD255 million.
Completion of the transaction, which marks ACP’s third announced exit to date in 2021, is subject to customary closing conditions.
Headquartered in Louisville, KY, Pleatco is a leading aftermarket-focused manufacturer of highly-engineered clean air and pool & spa water filtration technologies that helps protect people, processes and the environment. ACP acquired Pleatco in June 2017 and has spent the last four years professionalizing and growing the business through several key initiatives. During the partnership, Pleatco more than doubled its revenue and increased
Mid-market private equity investor LDC has exited its investment in leading vehicle preparation and logistics business SMH Fleet Solutions (SMH) to NYSE-listed online car retailer Cazoo.
The transaction values the business at approximately GBP70 million.
Headquartered in Worcestershire, SMH provides a full suite of vehicle management services including delivery, preparation, refurbishment, and re-marketing to a broad range of blue-chip automotive manufacturers, rental and leasing specialists.
Following LDC’s investment in September 2018, the business invested in new technology to enhance operational efficiency, delivering faster and more flexible services to customers. SMH has also expanded its ‘digital passport’ scheme, which
Arma Partners is has acted as exclusive financial advisor to Sendcloud on its USD177 million Series C financing.
The round is led by Softbank through its Vision Fund 2, with a significant strategic investment from L Catterton and participation from HPE Growth.
Headquartered in Eindhoven with 400 employees, Sendcloud is the leading e-commerce shipping platform in Europe, empowering more than 23,000 merchants across the Netherlands, UK, France, Germany, Spain, Italy, Belgium and Austria. By replacing multiple APIs with a single solution, Sendcloud brings a seamless delivery experience to both consumers and retailers, turning e-commerce logistics from a bottleneck into a
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm