Allocations
Investor services firm SGG Group, which is backed by Astorg, has successfully completed its acquisition of Augentius having received teh relevant regulatory approvals.
This acquisition reinforces SGG Group’s position as the fourth largest independent investor services firm and one of the top three independent administrators to the alternative investment community in the world, with the deal growing its assets under administration to over USD400 billion, and further strengthens its reach and footprint.
SGG Group says the services offered by Augentius will complement its current funds offering, including a leading technological platform and experienced and specialist teams with a reputation for providing a
Salveo Capital, an alternative investment firm specialising in the legalised cannabis space, has acquired a minority equity interest in Ascend Wellness (Ascend), a vertically integrated multi-state operator in the cannabis industry.
Ascend is a Massachusetts-based cannabis company with developing licenses in Illinois and Michigan. Together, the three markets are comparable in size to California, one of the most profitable cannabis regions in the US. With its multiple retail locations, along with a sizeable grow facility, Ascend Wellness aims to build a best-in-class, multi-state premium cannabis retail experience. Ascend is led by Abner Kurtin, a successful Boston-based entrepreneur, along with Andrea
Sagewind Capital (Sagewind), a New York-based private equity firm, and Berenson Holdings have led the acquisition of The Athene Group, a software and services company serving the wealth management industry.
As part of the transaction, Insight Venture Partners and Salesforce Ventures are participating as investors. Financial terms of the transaction have not been disclosed.
Athene provides a cloud-based product, Skience, to the wealth management industry, including broker-dealers and registered investment advisors. Skience’s clients rely on its agile and intuitive enterprise class platform to power and streamline mission critical business processes including client on-boarding with straight through processing, data aggregation,
BDP International (BDP), a privately held global logistics and transportation services company, has partnered with New York-based private equity firm Greenbriar Equity Group (Greenbriar).
Headquartered in Philadelphia, Pennsylvania, BDP International is a global industry leader in international logistics, transportation and supply chain solutions. BDP supports the unique supply chain needs of its diverse customer base, including those in the chemical and petrochemical, healthcare and life sciences, oil and gas, manufacturing, and retail and consumer good sectors.
BDP is universally recognised for offering a best-in-class suite of visibility and supply chain management tools through its BDP Smart technology. The company
Wynnchurch Capital (Wynnchurch) has completed the acquisition of Buchanan Rubber Ltd. (Buchanan).
Buchanan will be part of a growing distribution platform that includes Anderson Metals, LLC (Anderson) and Midland Metal Mfg (Midland).
The platform is a leading North American distributor of valves, fittings, hoses, couplings, and related products to a variety of end-markets.
Vince Hodes, CEO, says: “We are excited to leverage decades of industry expertise, product knowhow and management talent to create a leading distribution platform. With the addition of Buchanan, we gain access to the Canadian market and drive continued scale in the industrial, energy, water,
An affiliate of private investment firm Sun Capital Partners (Sun Capital) has signed a definitive agreement to acquire the drive technologies businesses of Regal Beloit Corporation.
The acquired businesses design, engineer and assemble technology-enabled, high performance motor control solutions for industrial applications.
Founded in 1967, the engineered-driven business develops and manufactures variable frequency drive systems and other motor control solutions, with a focus on application-specific, highly engineered products. Founded in 1983, the control systems business designs and assembles an extensive line of low and medium voltage starters, variable frequency drive systems and other motor control products serving critical applications
Ironwood Capital’s portfolio company NSA Industries (NSA) has acquired Metal Tronics, located in Georgetown, Massachusetts. Metal Tronics is a provider of precision metal fabrication and CNC machining solutions.
“One year ago, when Ironwood Capital originally invested in NSA, the company’s plan was to continue expansion and diversification efforts through organic growth and strategic acquisitions,” says Alex Levental, Ironwood Capital managing director. “Since the market for fabrication and CNC machining is highly fragmented with numerous smaller players, the acquisition of Metal Tronics aligns well with NSA’s growth strategy.”
Ironwood Capital Director Paul Witinski says: “Metal Tronics has very similar capabilities
London-based asset management consultancy, MJ Hudson, has acquired Amaces, a data and analytics firm, which provides tools and consulting services to help institutional investors benchmark and monitor the cost and quality of the investor services they receive from their custodian banks.
The firm also provides innovative tools and related consulting services in the field of FX transaction cost analysis.
Founded in 2002 by two senior treasury and custody principals that worked together at Chase Manhattan (now JP Morgan) and then Citibank, Amaces has an established customer base and operations in Europe, as well as in the United States
MEIF Maven Debt Finance has provided Automotive MacIiver Limited, a designer of multiple car seats for children, with a GBP150,000 debt funding package.
The funding will enable the business to invest in its product range, improving efficiencies in its batch manufacturing process, increase stock to meet growing sales and support the appointment of two new business development roles in the Birmingham area.
Multimac, invented by Automotive Macliver, is a unique, multi-child car seat which delivers a completely new concept in child car seat safety. By allowing three to four children to be seated in a row, Multimac removes the dangers
Private equity firm HIG Capital’s (HIG) portfolio company Groupe Ecore (Ecore) has successfully completed a high-yield bond placement. The Group issued EUR255 million in senior secured floating rate notes, with Barclays acting as sole bookrunner.
Established in 1993, Ecore is a leading player in the French metal recycling market. It employs over 1,400 people and recycles and sell 3.7 million tons of materials each year, including more than 3.0 million tons of ferrous metals. Ecore manages all stages of the recycling chain, from waste collection to processing, transport, and sale of recycled products. In 2017, Ecore generated revenue of EUR1.3
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
