Allocations
Alder II AB (Alder), a Nordic investment fund focussing on developing sustainable technology companies, together with the management team, is to acquire 100 per cent of the shares in Scanacon Intressenter AB (Scanacon) from Verdane Capital VII K/S (Verdane).
Scanacon is a provider of acid management systems used in the production of special metals. The company provides solutions to achieve safe, efficient, high quality treatment of metal product at the lowest cost, while enabling recycling of acid waste and minimising usage of scarce resources. Scanacon is headquartered in Stockholm and supplies the global market from its offices in Sweden, USA
Tailwind Capital (Tailwind), a middle-market private equity firm investing in targeted sectors within healthcare, business services and industrial services, has closed Tailwind Capital Partners III with USD1.8 billion of capital commitments.
The fund, which exceeded its initial target and was oversubscribed, will pursue the same investment strategy Tailwind has employed since its inception – partnering with experienced management teams and entrepreneurs in North America to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Tailwind primarily targets companies with enterprise values up to USD250 million.
Fund III received commitments from existing and new investors, including pension
Audax Private Equity has acquired a controlling interest in Acuant from Insight Venture Partners, Lightview Capital and Egis Capital Partners.
Yossi Zekri, President and CEO of Acuant, says: “We selected Audax because they share our vision and commitment to creating frictionless, trusted transactions that protect businesses from unnecessary risk. By bringing on Audax as an investment partner, we now have what we believe are the strategic resources to dramatically accelerate Acuant’s growth. With Audax on board, we plan to accelerate expansion into new product lines while continuing to innovate within our current product portfolio.”
Thus far in 2018, Acuant
Funds advised by Apax Partners have acquired Authority Brands, a North American franchisor of home services, from PNC Riverarch Capital.
The financial terms of the transaction have not been disclosed.
Founded in 1996 and headquartered in Columbia, Maryland, Authority Brands is the parent company of two home services franchisors: The Cleaning Authority, which provides residential cleaning services to over 100,000 customers across the US, and Homewatch CareGivers, which delivers at-home services including elderly, disabled and after-surgery care, as well as help for those living with dementia. Authority Brands operates over 300 franchises in the US, Canada and Latin America,
Investec Aviation Finance has launched its fourth aircraft leasing fund to acquire some of the latest generation Airbus and Boeing narrow and widebody aircraft, on lease to a range of international airlines.
The team has a 10-plus-year track record in the space having successfully exited their previous three equity leasing funds.
The new fund is targeting up to 50 aircraft acquisitions and has an expected lifecycle of seven years. The fund is open to institutions looking to gain exposure to aircraft leasing alongside an experienced manager and partner. The launch of this new fund, Investec Aircraft Syndicate, responds to
Hedge fund stalwart, Lord Stanley Fink, has made a GBP3 million investment in UK-based turnkey homes specialist, Project Etopia.
Project Etopia creates turn-key properties that combine passive design, affordability, renewable energy generation, intelligent heating and cooling systems and smart home technology.
The cash injection from former Conservative Party Treasurer Lord Fink – currently Chairman of investment manager ISAM Europe – will help the company scale up its operations and market share over the next two years. It comes as councils increasingly turn to turnkey building to rapidly boost stock levels of quality homes at drastically lower cost than traditional
Octopus Investments, part of Octopus Group, has announced a GBP10 million over allotment facility for its current AIM VCTs fundraise.
Octopus has rapidly reached the initial GBP20 million target within just seven weeks and is now offering a further GBP10 million of fundraising capacity to meet investor demand.
The VCTs have existing portfolios of around 75 companies which have been built over a number of years and aim to provide investors with long-term growth as well as income through their established dividend policies. They offer investors access to a wide range of AIM listed growth companies across a diverse
L1 Treasury and Airborne Capital have launched AltitudeOne Aviation with plans to acquire a portfolio of leased in-production narrow body and wide body commercial aircraft.
L1 Treasury and Airborne Capital have committed equity capital of approximately USD250 million to AltitudeOne Aviation, which will be supplemented with bank financing. Airborne Capital will be the asset manager and lease servicer for AltitudeOne Aviation.
L1 Treasury manages the liquidity and financial investments of LetterOne, an international investment business with net assets in excess of USD25 billion. L1 Treasury combines a portfolio of liquid fixed income securities with investments in the financial markets,
Inverleith, a Scottish headquartered private equity firm, has held the final close of its first institutional fund Inverleith Limited Partnership, at its hard cap of EUR60 million.
Inverleith was founded by former Chairman and Chief Executive of Noble Group, Ben Thomson and former President and Managing Director of The Glenmorangie Company and Partner and Head of UK for L Capital, Paul Skipworth. Inverleith focusses on investing in businesses operating in the high growth consumer-brand sectors of wellbeing, lifestyle and heritage.
The fund targets strategic minority or majority stakes in companies headquartered in the UK (and opportunistically in Northern Europe),
Private equity investment platform Seedrs has reported a platform-wide annualised rate of return (IRR) of 12.02 per cent and top quartile investor IRR of 31.34 per cent in its latest Portfolio Update, which provides an in-depth analysis of the characteristics and performance of the deals funded on the platform.
The Autumn 2018 edition of Seedrs’ Portfolio Update looks at the characteristics and performance of the 577 deals funded on the platform up to the end of 2017, up 202 deals from the previous report. The dataset continues to show that Seedrs investments, on a fair value basis, have seen outstanding
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
