Deals
YFM Equity Partners (YFM) has made a GBP3.75 million investment into ARRACO Global Markets (ARRACO), the award-winning and disruptive interdealer broker for global commodities, from its managed VCTs, British Smaller Companies and British Smaller Companies 2. The investment will allow ARRACO to drive the next stage of the company’s growth as it expands its product offering and global footprint.
Founded in 2015 on the principles of first-rate customer service and a diverse workforce that reflects its client base, ARRACO has grown quickly and taken market share in an industry that rarely sees new entrants or disruptors.
ARRACO’s unique approach
McLaren Racing announced has received an investment from MSP Sports Capital (MSP), a New York-based privately held investment advisory firm. MSP Sports Capital and its limited partners were joined by The Najafi Companies and UBS O’Connor, which provided co-investment.
The transaction values McLaren Racing at GBP560 million and strengthens the team’s long-term plan for growth and continued success.
Recent MSP investments include stakes in Agrupación Deportiva Alcorcon, Waasland Beveren, which plays in the Belgian Jupiter League, a Spanish football team based in Madrid, and Estoril Praia Futebol SAD, a Portuguese sports club based in Lisbon which is currently in first place
Takeovers of AIM companies have made up a far bigger share of all takeovers of London Stock Exchange deals over the last year, jumping to 56 per cent of all M&A deals, from 46 per cent in the previous 12 months, says research from UHY Hacker Young the national accountancy group.Private equity (PE) firms, as bidders in 10 out of the 18 AIM takeovers, have been a big driving force in the AIM M&A deals this year. In 2018/19, only 6 out of 22 AIM M&A deals were PE backed. There were only 14 takeovers of companies on the Main
Private equity firm WestBridge has backed the senior management team at construction software company Eque2 to acquire the business from its existing shareholders.The transaction provides an exit for LDC, which backed a GBP16 million secondary buyout with a minority investment in November 2017, and the current institutional shareholders.
Funds managed by WestBridge have invested cGBP29m for a 75 per cent stake in the business.
The buyout was led by Justin Moule (CEO) and Peter Davidson (COO), supported by Andy Bones (finance director), Richard Boston (marketing director) and Dominic Imrie (development director), who have led the business for many years.
Eque2
Fortino Capital Partners, a leading European software investor, has invested in Cenosco, a Dutch specialist in Asset Integrity Management. Cenosco is headquartered in The Hague, with local presence in Croatia. The Company employs 75 people and is active in 30 countries, with its solution deployed in about 100 plants worldwide.
Cenosco’s software operates at the heart of asset heavy industry plants in the oil & gas, chemicals, energy, and utilities space. It is a web-based tool for Asset Integrity Management, supporting users to make smart inspection and maintenance decisions to increase safety, asset availability and lower asset management costs.
After 20
Eurazeo has invested EUR33 million in Tink, Europe’s leading open banking platform. This round of EUR85 million of additional funding, led by Eurazeo Growth brings the total investment in Tink during 2020 to EUR175 million.
After Younited Credit, Wefox and Thought Machine, Tink is Eurazeo Growth’s fourth investment in the Fintech sector and the first in the Nordics.
Tink, a Swedish company founded in 2012, has more than 350 employees and is currently serving its clients out of 13 local offices across Europe. The company offers tools to build the future of financial services across Europe. Tink connects
Alternative asset management firm Carlson Capital has reached a strategic agreement with Jefferies Group (Jefferies) and structured credit investor Hildene Capital Management (Hildene) to support the new issuance of CLOs on Carlson’s Cathedral Lake platform.Under the terms of the agreement, Jefferies and Hildene will provide CLO equity capital to support the new issuance of four Carlson CLOs within the next three years. As strategic investors, Jefferies and Hildene will share in the growth of the Cathedral Lake CLO platform.
Stanton Ray, a Partner and Head of Corporate Credit for Carlson, says: “We have always valued our relationship with Jefferies
Hibob, an HR technology innovator behind the people management platform bob, has secured USD70 million in a Series B funding round led by investors SEEK and Israel Growth Partners (IGP). Promoting the progress of Hibob’s mission to simplify people management, culture building, and employee engagement for remote and dispersed workforces, the investment will allow Hibob to drive wider global expansion while contributing to further Hibob product development.
Hibob has raised a total of USD124 million to date since its launch in late 2015. The latest funding round follows its Series A+ financing in 2019, backed by investors Bessemer Venture Partners, Battery
Thompson Street Capital Partners’ (TSCP) portfolio company Marmic Fire & Safety Co (Marmic) has acquired Chicago, Illinois-based Total Fire & Safety, LLC (TFS), a provider of fire and life safety systems, equipment and related services. Terms of the transaction have not been disclosed.TFS has been serving its customers for more than 20 years and is one of the leading fire protection and alarm monitoring companies in the Chicago metropolitan area. TFS’s services include testing, maintenance and monitoring of commercial fire alarm, extinguisher and suppression systems.
“TFS is proud to partner with Marmic, not only because of Marmic’s dominant position
ECI Partners has completed the sale of IoT connectivity provider Arkessa to Wireless Logic. Arkessa offers world-wide, world-class cellular connectivity services that make it easy to design, deploy and manage IoT devices securely, efficiently, and at scale, regardless of application or business model.
ECI first invested in Arkessa in July 2018 to help support its already strong growth in the IoT market. Since that time Arkessa has continued to demonstrate high resilience and consistent double-digit growth in subscription revenues.
During ECI’s involvement, Arkessa acquired Netherlands-based Sim Services in August 2020 to further support the firm’s international growth ambitions and cemented Arkessa’s
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
