Deals
An affiliate of HIG Capital (HIG) is to acquire Travis Perkins Plc’s Plumbing & Heating business (P&H), one of the UK’s leading plumbing, heating, and bathroom related products specialist merchants.
The divestiture is valued at approximately GBP325 million, and the transaction is expected to be completed within the next three months, following regulatory approval.
Headquartered in Northamptonshire, P&H operates under its primary trading brands City Plumbing Supplies (CPS) and Plumbing Trade Solutions (PTS), with over 350 branches across the UK and Ireland, alongside several specialist online outlets including The Underfloor Heating Store, Direct Heating Spares, PlumbNation, and National Shower
PointGrab, a maker of smart sensors that help businesses maintain social distancing in post-Covid offices, has completed a GBP3.4 million equity raise led by specialist venture capitalist EMV Capital.
PointGrab’s product is a smart workplace platform system enabling organisations to count, track the flow and locate people at individual desks, on floors or across an entire campus. It alerts users when social distancing measures are breached.
The system also features cleaning and sanitation measures to help make offices Covid secure. The platform is already used in over 40 countries, by 45 Fortune 500 Companies.
With the return to the office
Lionpoint Group, an award-winning global technology enablement and operations advisory firm, is now part of Alpha FMC, plc, a UK-AIM listed company.
Lionpoint’s acquisition by Alpha will help grow the former’s geographical reach, breadth of services to alternative investment managers, investors, and advisors, and range of clientele to include multi-strategy clients who combine traditional and alternative assets. By joining forces, both firms will complement each other’s capabilities as the line between alternative investments firms increasingly permeates retail investors and other traditional asset managers, dramatically reshaping client requirements.
“Lionpoint is a fantastic addition to Alpha and closely aligns with our
Cynerio, a provider of Healthcare IoT cybersecurity and asset management solutions, has secured USD30 million in a Series B funding round led by ALIVE Israel HealthTech Fund.
Existing investors, global VC Accelmed, RDC, Elron’s joint venture with Rafael, and Swiss-based growth investor, MTIP, also participated in the funding round. ALIVE co-investors, CBG London investment company owned by Vincent Tchenguiz, also participated in the round and additional co-investors will join as well, including a leading UAE based investment group.
Cynerio will use the funding to fully realise its vision of being the healthcare industry’s go-to cybersecurity and asset management solution by
International private equity firm Cinven is to sell Chryso, a provider of specialty chemicals for the construction industry, to Saint-Gobain, a specialist in the building materials sector.
Headquartered in France, Chryso is a leading global manufacturer of concrete admixtures and cement additives, as well as construction systems. Chryso provides value-added technology and chemistry expertise to improve the performance of construction materials. The Company has international operations, spanning Europe, the US, Asia, the Middle East and Africa, and generates revenues from more than 100 countries worldwide. Chryso has 35 industrial sites and five R&D centres globally and employs c1,300 people.
A subsidiary of Ares Management Corporation is to acquire 100 per cent of Black Creek Group’s US real estate investment advisory and distribution business (Black Creek).
Founded in 1993, Black Creek had approximately USD11.6 billion of assets under management, as of 31 March, 2021, in core/core-plus real estate strategies across two non-traded Real Estate Investment Trusts (REITs) and various institutional fund vehicles. Black Creek’s senior management team has an average of 25 years of experience in sourcing, acquiring, operating and developing properties in the US. Supported by large institutional investors and an established retail investor base, Black Creek has a
Leif, a technology company dedicated to increasing access to quality and affordable education, has completed a strategic financing round totaling more than USD60 million. Leif intends to use the new financing to strategically expand its platform to meet the increasing demand for outcomes-aligned tuition financing solutions, which have had significant impact for students and schools.
The strategic financing includes:
LL Funds, LLC, an independent investment firm focused on specialty consumer finance investments, has committed a new USD50 million credit facility to Leif’s platform of existing capital partners and has committed to invest USD10 million in equity
Insita Group LTD, a
The Lakes Distillery, a whiskymaker with an artistic ethos, expects to see a 70 per cent growth in the production of its single malt whisky in the next 12 months following the reengagement of its capital expenditure (CapEx) project, assisted by ABL funding from Secure Trust Bank Commercial Finance.
When the pandemic hit in March 2020, The Lakes Distillery, was forced to close its hospitality offering and temporarily put a pause on its CapEx project which plans to treble production.
Despite these immediate changes, the distillery was able to continue its production of single malt whisky, due to the flexibility
CAPZA, an independent management company and leading player in private investments in European SMEs, has acquired a minority stake in LuxCarta, a specialist in the creation and delivery of digital maps to the global telecom, simulation & training and other vertical markets. CAPZA’s investment in LuxCarta will occur through its CAPZA Transition fund. Its goal is to support the growth strategy of the company set by LuxCarta’s founding directors and existing investor BNP Paribas Développement.
LuxCarta is the leading producer of high-resolution geospatial models derived from earth observation imagery to the telecom industry and supports more than 150 operators around the
Vly, provider of a pea-based milk alternative, has secured an investment of EUR6.1 million from FoodTech investors Five Seasons Ventures, alongside previous investors Global Founders Capital and Good Seed Ventures.
The investment will be used to scale in DACH and new European markets, including the UK, further product development and key talent.
Vly was founded in 2018 by Niklas Katter, Moritz Braunwarth and Nicolas Hartmann, who saw an opportunity for a healthy milk alternative that was high in protein, low sugar, and didn’t use any ingredients associated with common allergies, such as nuts or oats. Valuing health and innovation from
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
