Allocations
The Carlyle Group (NASDAQ: CG) has made a strategic investment in alternative investments platform iCapital Network.
Abacus Group, a provider of hosted IT solutions and application hosting for alternative investment firms, has completed the acquisition of Hedgepoint Solutions, a boutique IT consulting firm based in New York City.
“Abacus Group has been doing some amazing things in the hosted IT space, growing not just throughout the US but also internationally into the European market. I’m excited for us to integrate with such an innovative company,” says Vick Manocha, Managing Director of Hedgepoint Solutions.
Founded in 2001, Hedgepoint Solutions has provided a wide array of technology services to businesses across various industries and sectors, with a
Law firm Paul Hastings has advised shareholders and re-investors of France-based Aries Alliance, a manufacturer of machine tools, titanium wing structures, and engine parts for the aerospace sector, in connection with the LBO of the group, structured by Astorg Partners, which acquired a majority stake.
BNP Paribas, Banque Populaire, LCL and Société Générale provided senior debt financing for this transaction.
Aries Alliance’s clients include companies involved in parts for aeronautical structures, engines, aircrafts, helicopters, missiles, and launchers for the civil, military, or aerospace industries worldwide.
The Paul Hastings team in Paris was composed of corporate partner Olivier Deren and
Middle market private equity firm One Equity Partners (OEP) is to sell PeroxyChem, a worldwide manufacturer of peroxygen chemistries, to German Evonik Industries AG, a publicly-traded global speciality chemicals company, for USD625 million, or 10.4 times EBITDA, before synergies.
The transaction is expected to be completed by mid-2019, subject to regulatory approvals and customary closing conditions.
PeroxyChem, with roots going back over 100 years, is an innovative producer of hydrogen peroxide and peracaetic acid serving the food safety, electronics, environmental, energy and other industrial end markets. The company is headquartered in Philadelphia, Pennsylvania and employs approximately 600 people worldwide
FreeOx Biotech, a spin-out of Hospital Clinic Barcelona-IDIBAPS which is developing a new class of neuroprotective drugs, has closed its first round of funding with EUR500,000 from private investors Montserrat Esteve and Francisco Javier Alsina.
The biotechnology firm has two highly promising molecules in its pipeline to treat stroke and other diseases of the central nervous system (CNS) – Ox-01 and Ox-02.
With this funding, the company will carry out formulation and preclinical trials with in vivo testing on Ox-02 in order to determine safe dosage for the first testing in humans and assess the safety profile.
“It
F2i has held the final close of its third fund with EUR3.6 billion in capital commitments, EUR600 million higher than the target set in December 2017 at the time of the launch of the Fund.
This excellent result, and the short amount of time needed to complete the fund raise, was made possible by existing investors (F2i’s First and Second Funds had raised EUR1.8 billion and EUR1.25 billion, respectively), as well as a significant contribution from new investors. Subscribers to F2i’s Third Fund include pension funds, sovereign funds, bank foundations, insurance companies and asset managers, with Italian and international investors
MEIF Maven Debt Finance, managed by Maven Capital Partners (Maven), has agreed a six-figure loan funding solution to Tienda Limited (TL), a ‘turnkey’ interior service provider.
The capital will be used to finance a new contract, which runs over five years, to refit up to 700 outlets including a Building society, Banks, coffee shops and convenience stores. Six jobs will be created in the region as a result.
Tienda operates as both a main contractor and as a preferred contractor for a number of large main contractors, providing fit-out and construction services to the Commercial, Hospitality, office and residential
The Calumet Wex Group, an omni-channel retail chain for photographic products and services in Europe and a subsidiary of Aurelius Equity Opportunities SE & Co, is to acquire a majority interest in Foto-Video Sauter from its managing partner Bernd Sauter.
Foto-Video Sauter generates annual revenues of around EUR22 million, operates Germany’s biggest photography shop in Munich, and also has an online shop and retail space in Rosenheim. The transaction is expected to close by the end of 2018.
Also after the acquisition, Foto-Video Sauter will continue to operate under its strong brand name as an institution devoted to photography
Private equity firm IK Investment Partners’ (IK) IK VIII Fund has acquired a majority stake in Infradata Group (Infradata) from Waterland Private Equity Fund V (Waterland).
Infradata is a provider of cybersecurity and secure networking solutions across Europe. Financial terms of the transaction have not been disclosed.
Infradata was founded in the Netherlands in 2004, where it continues to be headquartered. The company has an additional presence in Germany, UK, France (Nomios), Belgium, Poland and the US, with ambitious expansion plans. The company provides cybersecurity and secure networking solutions, from design and delivery to aftermarket support and managed services.
Ironwood Capital has exited its investment in SAFE Security (SAFE). Ironwood served as lead investor in a subordinated debt investment made in October 2016.
Founded in 1988 and headquartered in San Ramon, California, SAFE is one of the largest providers of security alarm systems in the United States.
SAFE provides alarm monitoring and related services to over 100,000 customers in all 50 states, Puerto Rico and Canada.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
