Deals
Funds advised by local private investment firm Capital Partners (Searchlight) have entered into exclusive negotiations with Astorg and Mellby Gård for the acquisition of Flowbird, a provider of hardware, software and payments for smart parking and smart transport ticketing for municipal and privately-owned car parking and public transport systems. Terms of the negotiations have not been disclosed.
Founded over 60 years ago, Flowbird is the leader in the smart parking industry, working with more than 4,500 municipalities in 80-plus countries. In addition, Flowbird manufactures ticketing equipment, validation terminals and associated software systems for public transport.
Searchlight has entered into
Palamon Capital Partners (Palamon) portfolio company, connected insurance service provider FairConnect, is to acquire G-Evolution from Groupama Assicurazioni Italia.
As part of the transaction, FairConnect will establish a long-term strategic partnership agreement with Groupama, the leading insurance carrier in France, for the provision of advanced connected insurance solutions. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to complete in the second half of 2021.
Headquartered in Switzerland and with major operations in Italy, France and Germany, FairConnect is a leading specialised provider of connected insurance services to some of the largest insurance carriers in
HCAP Partners, a California-based private equity firm and nationally recognised impact investor, has invested in Myndshft, a provider of real-time medical benefits check and electronic prior authorisation technology. Terms of the investment have not been disclosed.
Based in Mesa, Arizona, Myndshft develops real-time medical benefit check (RTMBC) and electronic prior authorisation (ePA) software solutions for payers and providers. In line with the company’s mission to free up people to focus on the work that matters—providing care to patients—Myndshft’s end-to-end solution addresses the complexities and inefficiencies around providing accurate and detailed benefits coverage and out-of-pocket costs at the point-of-care to patients.
Geneva Glen Capital (GGC) has completed the sale of Southeastern Health Care at Home (Southeastern) to AccentCare, a national leader in post-acute healthcare based in Dallas, Texas.
Southeastern is the largest privately-owned home health services provider in Pennsylvania. Headquartered in Bristol, PA, the Company operates in 12 offices across Eastern Pennsylvania and Eastern Virginia serving over 3,100 patients. In addition to its skilled home health business, Southeastern also provides hospice, palliative care, and mobile primary care services. GGC recapitalised Southeastern in 2016 in partnership with GGC Operating Partner Rick Gandersman and the existing management team, led by co-founders George Pinel
Forefront RF, a Cambridge-based fabless semiconductor company, has launched after raising GBP1.5 million from a syndicate led by Bristol-based Science Creates Ventures and including Foresight Williams Technology, BGF, and The Cambridge Angels.
Afilio, a Berlin based Insurtech, has secured USD13 million in highly competitive Series A funding to support the expansion of their ‘Peace of Mind-as-a-Service’ platform offering users digital estate management services.
The round was led by CommerzVentures, the specialist fintech investor behind successes including Bought By Many, eToro, Marqeta, and By Miles, who were also joined by Speedinvest, while existing investors Cherry Ventures and Cavalry Ventures participated.
Founded by university friends Till Oltmanns, Philip Harms, and Richard Musiol, Afilio offers its customers a comprehensive and easy to use digital platform for selecting insurance, managing policies, and storing documentation relating to
Kellermeyer Bergensons Services, a trusted partner to operations and facility managers across North America, has acquired American Maintenance. KBS is a portfolio company of Cerberus Capital Management (Cerberus).
Headquartered in Babylon, New York, American Maintenance is a leading provider of facility maintenance solutions. For more than 45 years, it has delivered high-quality janitorial and light maintenance services to clients throughout the United States. The company has experience in the government, education, manufacturing and retail sectors, as well as in sports and entertainment and Class A office buildings. American Maintenance shares the KBS commitment to sustainability, having implemented green cleaning as
Podcast publisher Auddy Limited has acquired Radio Wolfgang, producer of branded podcasts for clients such as Soho House, Greenpeace, Selfridges and Primark. Its personalities, presenters and stars have included Jonathan Ross, Rick Edwards and online sensation Estée Lalonde.
Funds managed by Ares Management Corporation’s European Direct Lending strategy are serving as the sole lenders of GBP1 billion of available debt facilities to the RSK Group (RSK), a UK-based privately-owned multi-disciplinary environmental business.
This transaction marks the largest private credit-backed sustainability linked financing to date and will be used to refinance RSK’s existing credit facilities as well as support its continued organic and inorganic growth plans.
The new debt facilities include an annual margin review based on the achievement of sustainability targets, which are broadly focused on carbon intensity reduction and continual improvement to health and safety management and
Fabric RQ, a startup founded by veteran risk manager Richard Bookstaber to provide institutional quality risk management software to individual investors through their financial advisors, has closed a seed round led by Pandeavor Ventures, Vikram S Pandit’s family office, and John P Arnhold, managing member of Arnhold LLC.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
