Allocations
Adams Street Partners, a private markets investment management firm with USD35 billion of assets under management, has provided a senior secured term loan and a revolving credit facility to Permira, the global private equity firm, for its acquisition of Jayhawk Fine Chemicals (Jayhawk).
Adams Street served as sole lead arranger and administrative agent for the transaction.
Jayhawk, based in Galena, Kansas, is one of the leading fine chemicals companies in the US. The company is a custom manufacturer of specialty chemicals used in various end markets, including pharmaceutical, animal health, agriculture, and consumer electronics. It provides outsourced manufacturing solutions
Funding Circle UK, a small business loans platform, and Waterfall Asset Management (Waterfall), an institutional asset manager focussed on structured credit, have entered into a strategic partnership to support the growth of UK small businesses.
Under the terms of the agreement, Waterfall will invest in GBP1 billion of loans originated through Funding Circle’s UK platform over a two-year period. Waterfall’s investment will be partially financed by Deutsche Bank.
This significant investment will support the growth of approximately 14,000 small businesses, creating and sustaining thousands of new jobs across the UK. Waterfall joins a diverse group of investors lending to small
Cross River, a provider of banking services for financial technology companies, has completed a funding round of approximately USD100 million, led by a USD75 million equity investment from KKR.
KKR is joined in the round by new investors, CreditEase and Lion Tree Partners, and by returning investors Battery Ventures, Andreessen Horowitz and Ribbit Capital.
In addition to traditional banking, Cross River has developed partnerships with financial technology companies to build fully compliant and integrated products for the marketplace lending and payment processing arenas. Current clients consist of leading technology brands, start-ups and financial services firms disrupting global finance including
Indigo Telecom Group has secured a strategic investment from Growth Capital Partners (GCP) which it will use to accelerate growth and M&A activity.
Indigo Telecom Group is a provider of multi-vendor managed and project services to international telecom network operators, equipment vendors and multi-national corporations.
The Group’s heritage can be traced back to 1997 and following a management buyout led by CEO Stephen Thompson in 2016, the business initiated an M&A strategy with its first acquisition Belcom247, a specialist provider of data centre connectivity solutions. Today, Indigo can boast a wide range of telecom services for an array of
Kirkland & Ellis has advised FountainVest Partners as a member of an investor consortium in a voluntary public tender offer, for all the shares in Amer Sports Corporation, a Finnish sporting goods company with internationally recognised brands including Salomon, Arc’teryx, Peak Performance, Atomic, Mavic, Suunto, Wilson and Precor.
The transaction is valued at approximately EUR5.6 billion (USD6.4 billion).
The investor consortium comprised ANTA Sports Products Limited (HKSE: 2020), FountainVest Partners, an affiliate of Chip Wilson (founder of lululemon athletica inc) and Tencent Holdings. Read more at the releases by Amer Sports and ANTA Sports Products.
The Kirkland team was led by
Ironwood Capital’s portfolio company Consulting Solutions International (CSI), an IT staffing and consulting business, has acquired JDC Group, an Atlanta-based IT staffing firm that provides services similar to CSI with a focus on supporting SAP software.
Ironwood Capital Managing Director Alex Levental says: “Since our original investment in CSI in June 2018, the company has continued to execute to plan and acquire complementary firms, expanding its capabilities and geography as one of the largest IT staffing solutions service providers in the United States. These acquisitions create cross-selling opportunities and fuel CSI’s bottom-line growth while extending the company’s geographic reach and
Private equity firm HIG Capital (HIG) has sold its portfolio company, ACG Materials (ACG) to Arcosa, a manufacturer of infrastructure-related products and services, for approximately USD315 million.
ACG, based in Norman, Oklahoma, mines, processes, and distributes industrial minerals and aggregates including gypsum, anhydrite, limestone, sand, gravel, basalt and downstream food, pharmaceutical, prill and plaster products across a diverse set of end markets including building products, energy, infrastructure, and agriculture.
HIG recapitalised the Company in December 2012, and through the completion of nine acquisitions and the development of six greenfield mines, subsequently grew ACG from five mines and two production
Glennmont Partners has agreed to divest a portfolio of five onshore wind farms in north-eastern and western France, totalling installed capacity of 59.5MW, to a wholly-owned subsidiary of Falck Renewables, a listed company on the Italian stock exchange, in a EUR37 million deal.
The five onshore windfarms, Bois Ballay (12.5MW), Les Coudrays (10MW), Mazeray (12.5MW), Eol Team (12MW), and Noyales (12.5MW), commenced operations between 2006 and 2013. The deal is expected to close in early 2019.
Glennmont Partners focuses exclusively on investment in clean energy infrastructure. The sale continues to demonstrate the successful divestment of Glennmont’s Clean Energy Fund
DVI Equity Partners (DVI), along with VT Companies and DF Enterprises, has made an investment in Luminoso Technologies’ Series B round of financing.
Luminoso’s software applies artificial intelligence (AI) and natural language processing (NLP) to derive insights from text-based and unstructured data such as contact centre interactions, chat-bot and live chat transcripts, product reviews, open-ended survey responses and email. The software natively analyses text in fourteen languages, as well as emoji. Terms of the investment have not been disclosed.
“Luminoso is a remarkable company and well-positioned to be a NLP technology leader,” says DVI Managing Partner Robert Griffin, who
Crestline Investors (Crestline), a credit-focussed institutional alternative asset manager, has closed Crestline Specialty Lending Fund II (SLF II) with over USD800 million in capital commitments.
SLF II will follow the same strategy as its predecessor fund, Crestline Specialty Lending Fund I.
Crestline Direct Lending provides flexible senior debt capital solutions to lower-middle and middle-market businesses, with a focus on senior secured, unitranche and second-lien opportunities ranging from USD15 million to USD100 million.
The closing of SLF II will allow Crestline to continue lending to small and medium-sized businesses, primarily in North America and Western Europe. Crestline Direct Lending
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
