Deals
Century Park Capital Partners (Century Park) has completed the sale of Covercraft Industries (Covercraft) to Audax Private Equity.
Covercraft is a branded manufacturer of custom vehicle protection products including automotive covers, seat covers, front end masks, dashboard covers, window sunscreens, RV covers, boat covers, and other products that “protect the things that move you”. The company focuses on custom-fitted covers with a library that includes more than 300,000 patterns for distinct automotive, marine and outdoor protection products.
Covercraft was founded by Bob Lichtmann in 1965, who established the company as a leading brand in the custom automotive accessory market. His
Apex Group (Apex) has closed its acquisition of Brazilian independent fund administrator BRL Trust Investimentos (BRL Trust).
BRL Trust’s clients can now benefit from access to the Group’s single-source solution, including an extended range of products and markets, serviced by over 5,000 people across 50 offices worldwide.
This acquisition expands the Group’s growing presence in the Latin American market, adding 160 new colleagues and a new office in São Paulo. This strategic addition to the Group further supplements its local market private equity expertise, while adding liquid asset servicing capabilities for Brazil.
BRL Trust’s client base includes large
Funds advised by SK Capital Partners (SK Capital), a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, has acquired the monomers, polymers and European businesses of Deltech Holdings (Deltech).
SK Capital has acquired a majority interest in the Baton Rouge, Louisiana-based business. Bob Elefante, one of Deltech’s original founders and current President and CEO, is retaining a significant ownership stake in the Company and will remain actively involved in the business, including serving on the Board of Directors.
“Deltech is a world leader in the production of high-performance aromatic monomers and specialised crystal polystyrene,” says
The number of UK businesses acquired by US private equity houses has jumped 57 per cent from 37 to 65 in the past year, as PE funds look to the UK for value, new research from global law firm Mayer Brown has revealed.
US PE firms also account for a larger share of takeovers of UK businesses, rising from 18 per cent of total UK PE deals last year to 21 per cent in 2021. Meanwhile, the share of UK PE acquisitions by UK PE funds has fallen from 72 per cent last year to 67 per cent in the
Memery Crystal has advised Vitality CBD on its GBP10.2m acquisition by CSE/AQSE-listed Yooma Wellness via the company’s wholly owned subsidiary, Yooma Europe Limited.
Vitality is a market-leader in CBD products in the UK, and its presence at mainstream retail outlets such as Boots, Lloyds Pharmacy, Tesco and ASDA means that this acquisition adds a significant source of recurring revenue to Yooma and its subsidiaries.
Yooma Wellness are a global vertically integrated wellness platform that develops and markets a portfolio of CBD and wellness brands. The acquisition of Birmingham-based Vitality also expands Yooma’s target customer base and distribution network for its
Exus Management Partners (Exus), a specialist in powering sustainable investments through operational excellence, has facilitated the financial close of the EUR500m sale of a 450MW portfolio of 11 Spanish wind farms, owned in partnership by Spanish family office Corporation Masaveu (Masaveu) and Belgian investors Korys, to Chinese clean energy developer China Three Gorges Europe (CTGE).
The deal, which was initially agreed in February 2021, see’s CTGE take ownership of 11 wind farms and one photovoltaic field across two portfolios – Cefiro and Windrose – located in the Castilla y León region of Spain.
Despite the rapid growth of renewable energy
Private equity firm OpenGate Capital’s portfolio company, Kongsberg Precision Cutting Systems (Kongsberg PCS) has acquired MultiCam, a US manufacturer and distributor of Computer Numerical Code (CNC) cutting machines, and a leader in digital finishing processes.
MultiCam was acquired from Rosewood Private Investments. Terms of the acquisition have not been disclosed.
The acquisition of MultiCam highlights OpenGate Capital’s strategy of pursuing add-on investments as means of growing and creating meaningful value in its portfolio companies. MultiCam is the seventh add-on investment completed for platform companies within OpenGate’s Fund II portfolio.
Kongsberg PCS is recognised as the leading provider of high-speed, precision
LeapFrog Investments, a Profit with Purpose investment firm, has acquired a 16.94 per cent stake in Ghana’s largest privately-owned bank, Fidelity Bank Ghana Limited from Amethis, an investment fund manager dedicated to the African continent, and Edmond de Rothschild Equity Strategies (ERES), a mid-cap growth and buy-out franchise affiliated with the Edmond de Rothschild Group, with a global investment mandate.
It is expected that LeapFrog will leverage on its decade of investment experience across Africa’s financial services sector to build upon the outstanding success achieved by Fidelity Bank in financial inclusion and general business growth.
Following the investment from Amethis
I Squared Capital, through its ISQ Global Infrastructure Fund III and ISQ Growth Markets Infrastructure Fund, has invested approximately USD200 million as a first tranche of a USD300 million equity raise in AG&P City Gas.
AG&P City Gas is a Singapore-based company that is developing twelve city gas distribution networks, or concessions, in India under the brand name AG&P Pratham, across 280,000 square kilometers, an area approximately the size of Italy. AG&P City Gas was previously owned wholly by the Atlantic, Gulf & Pacific Group (AG&P), a Singapore-based downstream LNG business.
In its twelve concessions, AG&P City Gas is responsible
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
