Allocations
Mineria Activa, through its private equity fund FIP Lantanidos, has invested an additional USD2 million into BioLantanidos.
FIP Lantanidos holds 100 per cent of controlling shares of BioLantanidos, which has a high grade REE ion clay deposit rich in rare earths used to build permanent magnets that are increasingly in demand for the electric vehicles and clean energy industries.
The use of funds is to support BioLantanidos through 2019 while going through permitting and finishing the Definitive Feasibility Study.
Scale Computing, a market leader in edge computing and hyper-converged solutions, has secured USD34.8 million in Series F funding.Â
The largest investor in the round is Lenovo, which last week announced a global partnership with Scale to bring intelligent edge computing to global retailers, distributed enterprises, and SMBs. New and existing financial investors also participated in the round.
Scale’s patented HyperCore technology identifies, mitigates, and corrects infrastructure problems in both hardware and software in real time, using machine intelligence and automation to keep applications running without human intervention. This capability is especially critical in distributed enterprise edge computing, retail, and
Roark, an Atlanta-based private equity firm focused on franchise and multi-unit businesses, has ompleted fundraising for its two newest funds, Roark Capital Partners V LP and Roark Capital Partners II Sidecar LP, raising a combined total of USD6.5 billion.
Fund V, Roark’s main fund, targeted USD4 billion and closed on USD5 billion of capital commitments. The Sidecar Fund targeted USD1 billion and closed on USD1.5 billion of capital commitments alongside the main fund.
Neal Aronson, Roark’s Founder and Managing Partner, says: “We are enormously grateful for the continuing support of our longstanding partners, and are excited to welcome new
Noerr has provided advice and support to meal kit company, HelloFresh, on its strategic acquisition of Canadian competitor Chefs Plate.
HelloFresh entered into an agreement with the shareholders of Chefs Plate to acquire all shares in the company. Both companies will operate under the umbrella of HelloFresh in the future. The acquisition positions HelloFresh as the unrivalled market leader in Canada with target revenue of CAD 200 million for 2019. The closing of the transaction is subject to conditions precedent and is currently expected to occur within the next few weeks.
In March, Noerr advised HelloFresh on the acquisition of
UK private equity house Maven Capital Partners (Maven), through its management of the Finance Durham and North East Development Capital Fund, supported by the European Regional Development Fund, has provided GBP825,000 of funding to independent shipping container supplier, Parsons Containers Limited (Parsons).
The funds have invested GBP500,000 and GBP325,000 respectively, which will support the company’s growth plans, enhancing its digital presence online and help the business to open four new sites for its self-storage brand, ‘U Hold the Key’, in the next 12 months.
A long-established supplier of shipping containers for all applications by sale and hire throughout the
Wireless Innovation, a specialist Machine-to-Machine (M2M) and Internet of Things (IoT) connectivity and communications provider, backed by Horizon Capital, has acquired Rock Seven Mobile Services Limited and YB Tracking Limited.
Founded in 2008, Rock Seven and YB Tracking provide connectivity and hardware, which enable customers to track assets and IoT devices in remote and hazardous locations utilising the Iridium satellite network. The business has demonstrated significant growth, expanding sales by 200% over the last two years, and will allow the enlarged group to access new fast- growing markets in the M2M sector.
Richard Searle, CTO of Rock Seven, says: “We
Céréa Capital II, alongside the management and Unexo, has acquired, from Linxis Group, owned by the IK VIII Fund advised by IK Investment Partners, the three companies of its cheese and dairy division: Chalon-Mégard, Tecnal et Simon Frères.
Linxis Group, formerly Bretèche Industrie, is a supplier of equipment for the agri-food, pharma and cosmetics industries. It has ceded the three companies of its dairy division to focus on its equipment activities for bakery and beauty/health sectors.
The dairy division, renamed Synext Group, is the French leader in cheese equipment (for hard cheeses, such as Comté and Beaufort, as well
Tikehau Capital, an alternative investment and asset management group, has acquired asset management company ACE Management. In addition, Marwan Lahoud has been appointed to strengthen Tikehau’s private equity business.
Tikehau Capital continues its policy for growth with the 100 per cent acquisition of ACE Management. The acquisition of a specialist in the aerospace, defence and cybersecurity sector, further supports Tikehau Capital’s momentum of strengthening its private equity expertise. ACE Management will provide Tikehau Capital with a new range of specialist funds, complementing Tikehau’s generalist funds focusing on growth equity, alongside the specialist energy sector and special situations funds already managed
Senior Architectural Systems, the UK’s largest privately owned aluminium fenestration systems manufacturer, has announced a structured management buy-out (MBO) of the company by its current board of directors.
The MBO deal has been led by Senior’s managing director Mark Wadsworth and includes three other members of the board – sales director James Keeling-Heane, technical director Mark Wheatley and financial director Les Buxton. Senior’s founder Lennart Jonsson, who helped establish the company back in 1991, will continue as a shareholder and director.
The move marks an important milestone in Senior’s 27 year history, throughout which time the company has consistently
Private equity funds are not known to be currency speculators, but now that sterling has fallen since the decision was made to leave the European Union, currency valuations may be playing their part in the UK’s private equity market.
A financial sponsor would usually have a vision of how it could drive a company forward once it has acquired it, regardless of macro situations.
For example, Bain Capital’s purchase of the UK-based insurance firm Esure, where the focus will be on investing and enhancing technological innovations.
The Silver Lake Group bought ZPG in May this year for over USD3 billion, with
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
