Deals
Investment funds managed by Morgan Stanley Capital Partners (MSCP), a middle-market focused private equity team at Morgan Stanley Investment Management, have completed an investment in Nivel Parts & Manufacturing (Nivel), sold by funds managed by Kelso & Company. MSCP is partnering with the current management team led by Brent Moore, who will remain as CEO.
Headquartered in Jacksonville, FL, Nivel is the leading manufacturer and supplier of branded aftermarket parts for personal transportation vehicles, utility terrain vehicles and heavy-duty equipment. The Company offers over 100,000 SKUs in accessories and maintenance parts across the full vehicle lifecycle to a diversified customer
Middle-market private equity firm HKW’s portfolio company, Traductions Serge Bélair Inc (TRSB), has acquired Anglocom. The financial terms of the transaction have not been disclosed.
Founded in 1993, Anglocom is based in Quebec City and is a full-service translation company. The in-house teams of French and English translators specialise in high-profile corporate communications for industries like advertising, government, ministries, financial institutions, universities, museums, retailers, and more.
“We are proud to welcome Anglocom to the TRSB family,” says Mary Kazamias, CEO, TRSB. “Anglocom’s talent and professionalism align well with TRSB and strengthens our service offering. We are excited by how the
Faculty, a British artificial intelligence (AI) company, has raised GBP30 million in growth funding from the Apax Digital Fund (ADF). It is the largest investment Faculty has accepted to date, and brings total investment to nearly GBP40 million.
The funding will be used to drive the expansion of Faculty’s pioneering “AI as a Service” model. From helping companies optimise marketing spend and more accurately forecasting demand for consumer goods, to predicting pressures on the healthcare system during a pandemic, Faculty’s “AI as a Service” model can be applied to a broad range of problems for both public and private sector
Global private equity firm Advent International (Advent) is in exclusive negotiations with ICG for the sale of its stake in Circet, a European telecoms infrastructure services company.
As part of the potential deal, Circet’s founding team and managers will further increase their stakes in their company.
Circet provides its customers with turnkey solutions and tailored services across both fixed and mobile telecoms networks. Circet’s customers include major telecom operators and equipment manufacturers, local authorities, as well as public and private organisations operating their own infrastructure networks. Circet’s long-term growth potential is supported by the ever increasing consumption of data across
Global investment group Corinth Group has made a USD100 million investment in Morepen Group, Delhi (India), a 36-year-old, listed Indian pharmaceutical company with two USFDA approved facilities. At an Extraordinary General Meeting (EGM) held yesterday through video conferencing, the shareholders approved the direct investment of USD32.50 million in Morepen’s equity.
Following yesterday’s approval, Corinth would be allotted 58.50 million equity shares in Morepen Laboratories Limited on preferential basis, equating to a 9.31 per cent equity stake in the Company on a fully expanded capital base. USD32.5 million of the total investment will go to the parent company while the remaining
Procuritas Capital Investors VI (Procuritas) has sold Danish sofa brand SOFACOMPANY to the Danish Lars Larsen Group.
Founded in 2012, SOFACOMPANY was bought by Procuritas from the founders Cathrine and Christian Rudolph in 2017.
Utilising its decades of value creation experience, Procuritas has worked closely with management to transform and grow the company resulting in revenue more than doubling to DKK545 million (EUR73 million)during its period of ownership.
Initiatives have focused on building a scalable direct-to-consumer business, developing state of the art e-commerce capabilities and fuelling growth with higher and more efficient marketing spend. Procuritas has also supported
PSG, a growth equity firm that focuses on partnering with middle-market software and technology-enabled services companies, has acquired a majority stake in billwerk, a European provider of subscription management and recurring billing software solutions.
The billwerk subscription management platform offers European companies across industries a one-stop shop to manage their subscription business. Its scalable and open, multi-cloud platform is designed to provide flexible solutions to fully automate a company’s recurring subscription processes as a part of an integrated solution approach.
Founded in 2015, billwerk has more than 40 employees across its headquarters in Frankfurt, Germany, and offices in Minsk, Belarus
Exegy Incorporated, a specialist in low-latency solutions for global market data, predictive trading signals, and hardware-acceleration technology, and Vela Trading Systems (Vela), a provider of data and execution technology for global multi-asset electronic trading, have merged business operations in an agreement backed by Marlin Equity Partners, a global investment firm with over USD7.5 billion of capital commitments under management.
Read the full story at Hedgeweek…
Trimountain Partners has led a significant investment round in fire and security firm ABCA Systems (ABCA) alongside investor partners including The Vorsprung Partnership and Cambridge Capital Partners.
With over 30 years of experience behind it, ABCA is one of the UK’s preeminent fire and security experts, providing installation and maintenance across a broad range of fire and security systems. The Company serves a blue-chip client base that extends across several end-markets, principally social housing, government, education, hospitality, healthcare and commercial.
Headquartered in Newcastle, with a national footprint and a workforce of over 170, ABCA is one of the most trusted
New York based startup Polywork, a professional social network founded by Peter Johnston, has secured USD3.5 million in a seed funding round led by Caffeinated Capital (Ray Tonsing, first investor in Clubhouse, Airtable and Brex) with participation from the founders of YouTube (Steve Chen), Twitch (Kevin Lin), PayPal (Max Levchin), VSCO (Joel Flory), Behance (Scott Belsky), and Worklife VC (Brianne Kimmel).
Polywork is a professional social network that lets users create a free personal webpage, share what they’re up to both personally and professionally and send collaboration requests to others on the network. The network launched in response to a
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
