Allocations
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
Online Home Retail Limited, an online bathroom products retailer based in Evesham, Worcestershire, has just completed a successful MBO.
A team led by an original founder of the business, James Hickman, bought back the company from Grafton Group plc, a listed builders’ merchant. Online Home Retail Limited, trading as Plumbworld, offers quality bathroom products at affordable prices to the trade and public. Since its founding in 1999, the business has served over 1.5m customers, generating over GBP26 million in annual revenue, according to its latest published financial statements.
Hickman, Managing Director, feels that being independent will allow the business
Gen Cap America has partnered with management in its acquisition of Blower Application Company, Inc (BloApCo), a Southeastern Wisconsin-based specialty manufacturer of shredders, fans, and other scrap handling and pneumatic conveying equipment.
Terms of the transaction have not been disclosed.
“We are excited to have the opportunity to partner with BloApCo’s top notch management team in this investment,” says Gen Cap America Managing Director Matt Lane. “We look forward to working with senior management while they continue to build on their long track record of providing exceptional quality and service to their customers around the globe.”
Founded in
Inflexion Private Equity has completed a minority investment in Granite Underwriting, a leading specialist motor insurance business. The investment is being made by Partnership Capital Fund I, Inflexion’s dedicated minority investing fund.
Established in 1982, Liverpool-based Granite comprises a number of brands which distribute specialist motor insurance, catering to drivers of private hire taxis, black taxis, Uber and other large operators in the sector as well as specialist cover for private car and light commercial vehicles. Its services are marketed through retail branches, price comparison websites, brokers, its own website and a call centre. Granite’s core strength is its data-driven
Antrim-based kitchen door and component supplier, Uform has secured a multimillion pound funding package from BGF and Danske Bank.
Uform is the fifth company in Northern Ireland to receive investment from BGF which has taken a minority shareholding in the business. Uform designs and paint finishes a wide range of kitchen doors and accessories alongside offering an extensive range of ex-stock products, serving customers across the UK and Ireland.
Uform is known for its wide variety of kitchen door frontal options catering for all segments of the kitchen retail market, with the largest choice and ex-stock availability in the
Investcorp Technology Partners (ITP) has successfully closed the transfer of its remaining two portfolio companies in ITP Fund III, with a combined enterprise value of USD185 million, to a continuation vehicle, Investcorp Secondary Fund 2018 LP which is supported by HarbourVest.
By concluding this transaction, ITP will have the opportunity to maximise the value creation potential of these two companies, providing them with active support and fresh capital over an additional holding period under continued management. The transaction, which was supported by investors, results in ITP Fund III’s performance since inception being in the upper quartile for similar vintage and type
Mid Europa Partners, a private equity investor focussed on Central and Eastern Europe, has completed the acquisition of Urgent Cargus.
Urgent Cargus is a courier, express and parcel service provider in Romania, offering last mile delivery to over 85,000 customers, including business clients, e-commerce retailers and private individuals.
Urgent Cargus operates a dense network of five hubs and 71 stations connected by 360 linehaul routes, which together with its state-of-the-art asset base and logistical capabilities enable the Company to offer high-quality services such as 24-hour delivery across the country.
Private equity investment platform Seedrs has announced a record-breaking year with the highest levels of investment on the platform to date.
The Woodford-backed platform saw nearly a 60 per cent increase in investment activity from last year, recording GBP195 million invested into pitches on the platform in 2018.
2018 saw 186 successful pitches from businesses who raised on Seedrs from 12 different countries, 28 of which were fundraises of over GBP1 million. Highlights included fast-growing international money transfer platform Transfergo, which raised EUR11.3 million from 1,047 investors, German portfolio company Sono Motors, one of Seedrs’ biggest European success stories, returned
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
