Allocations
Mid-market private equity investor LDC has completed the sale of procurement specialist Inprova Group Limited (Inprova) in two separate deals.
In December 2018, AIM-listed Inspired Energy plc acquired Inprova’s energy division, with the existing management team acquiring the non-energy procurement business upon completion.
Headquartered in Warrington, Inprova delivers procurement services for private and public sector organisations across the UK. The business offers outsourcing, technology and consultancy services, providing its clients with a complete procurement solutions package.
LDC first backed the business in March 2014 to help fuel its ambitious growth strategy. Over the past four years the team has worked closely with CEO Paul Kennedy and
An affiliate of private equity investment firm HIG Capital (HIG) has acquired Lipari Foods from Sterling Investment Partners (Sterling), and certain other selling shareholders.
HIG is partnering with the Lipari family and the current management team to grow the company’s distribution and manufacturing platform. Terms of the transaction have not been disclosed.
Founded in 1963 and headquartered in Warren, Michigan, Lipari is a leading distributor of perimeter-of-the-store, specialty, and branded food products, proudly serving over 6,300 customers throughout the Midwest and beyond. The Company’s products span the deli, bakery, dairy, specialty retail, seafood, packaging, confections, ethnic, and organic categories,
IZI Medical Products (IZI), an interventional radiology medical device company and portfolio company of Shore Capital Partners (Shore), has acquired select soft tissue biopsy and breast localisation needle assets from Cook Medical (Cook).
The acquired portfolio of products is commercially marketed under the highly regarded Quick-Core Biopsy Needle, MReye Breast Localization Coil, and the Kopans and X-Reidy Lesion Localization Needles.
“This represents IZI’s third add-on acquisition in the last 18 months and significantly adds to our world-class portfolio of minimally invasive diagnostic and therapeutic products for the interventional radiology market,” says Greg Groenke, Chief Executive Officer, IZI Medical.
Neuberger Berman, a private, independent, employee-owned investment manager, has appointed Jennifer Signori to the Principles for Responsible Investment’s (PRI) Private Equity Advisory Committee.
The PRI is the world’s leading proponent of responsible and sustainable investments.
The PRI aims to support the adoption of ESG integration in investment strategies across the globe by providing research-driven and action-oriented tools, data, and events to its global signatories. In her capacity on the Private Equity Advisory Committee, Ms. Signori will strive to deliver upon the PRI’s goals to investment managers involved in the private markets by leveraging her extensive experience in both ESG
New York-based private investment firm Greenbriar Equity Group has become an equity partner in STS Aviation Group.
STS provides a range of solutions to the global aviation industry, including component sales and distribution, workforce management, engineering services, line maintenance, and aircraft repair and modifications. The company is well-known for its breadth of capabilities and customer-centric approach to helping airlines and aircraft operators meet their critical operational and people requirements worldwide.
Noah Roy, Managing Partner at Greenbriar, says: “No company in the global aviation supply chain provides more essential solutions than STS. Customers trust STS to meet their most urgent
Churchill Asset Management (Churchill), a majority-owned affiliate of Nuveen focussed on originating, underwriting and managing middle market senior loan investments, surpassed its previous records for investment activity and capital raising in 2018.
During the year, the firm closed and/or committed to USD2.6 billion in new investments, an increase of over 37 per cent from 2017. The firm also raised USD2.4 billion of new committed capital, bringing total committed capital under management to USD6 billion across multiple investment vehicles.
“Churchill has maintained a consistent strategy since our inception, providing senior secured loans to private equity-backed middle market companies, and we
Fitch Ratings has launched a new integrated scoring system that shows how environmental, social and governance (ESG) factors impact individual credit rating decisions.
The new ESG Relevance Scores, which have been produced by Fitch’s analytical teams, transparently and consistently display both the relevance and materiality of ESG elements to the rating decision. They are sector-based and entity-specific.
Using a standardised and transparent scoring system, Fitch is introducing ESG Relevance Scores across all asset classes, starting with over 1,500 non-financial corporate ratings. This will be followed by banks, non-bank financial institutions, insurance, sovereigns, public finance, global infrastructure and structured finance.
Apex Group (Apex), one of the world’s top five largest fund administrators, has completed the successful integration of the Custom House business, adding USD24 billion to the group’s total assets under administration.
First announced in August 2018, the acquisition of Custom House adds over 200 employees to the Apex Group, in addition to offices in several new locations including Beijing, Chicago, Geneva, Rotterdam, Shenzhen and Sofia.
Custom House clients now have access to an additional 18 jurisdictions, as well as Apex’s renowned local service delivery model. The successful closing of this transaction adds over 200 managers and 500 funds
Twin Brook Capital Partners (Twin Brook), the middle-market direct lending subsidiary of Angelo Gordon, has committed over USD2 billion to private equity sponsors in support of healthcare sector transactions in the middle market, including over USD1 billion last year alone.
In 2018, Twin Brook closed on 30 healthcare transactions, bringing the Firm’s total number of healthcare transactions to more than 80 since inception.
“We are pleased to build upon our success and expertise in healthcare by deploying over USD1 billion to transactions in the sector in 2018. Last year’s landmark lending illustrates our ongoing commitment to supporting our private
Sunfire, a developer and manufacturer of electrolysers and fuel cells, has secured EUR25 million in a venture capital investment in a series C financing round, with Luxembourg-based technology company Paul Wurth joining as the new lead investor.
The company is part of SMS group, the worldwide leading provider of equipment and plants for the metals industry.
Thanks to the injection of fresh capital and with the support of a renowned partner, Sunfire will implement as from 2019 commercial multi-megawatt projects applying high-temperature electrolysis and Power-to-Liquid technology. For Paul Wurth, this partnership means a significant step in view of new
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
